1 min read
Business

Fed Rate Cut Unnecessary as Jobs Report Indicates Healthy Economy

The latest jobs report released by the Bureau of Labor Statistics showed that the US economy added 224,000 jobs in June, surpassing economists’ expectations. Despite fears of a slowdown, the labor market continues to plow ahead at a steady pace.

2 min read
Business

Week Ends on Positive Note for Stock Market Despite Previous Losses

Investors saw a glimmer of hope at the end of a tumultuous week on Wall Street as the stock market closed on a high note on Friday. The S&P 500 and Nasdaq both posted gains, while the Dow Jones Industrial Average ended the day slightly lower. This mixed distribution reflects the uncertainty and volatility that has plagued the market in recent days.

2 min read
Business

Market Rollercoaster: Wild Swings Rattle Investors in Hot Economy

Fluctuations
Stock markets around the world are experiencing wild fluctuations, leaving investors on edge. The recent surge in economic activity has sparked fears of inflation, sending shockwaves through the financial markets.

2 min read
Business

Analysts Bullish on Gold as Price Hits Record High Above $2,300

Gold prices have soared past the $2,300 level, a significant milestone for investors and traders alike. This surge has sparked renewed interest in the precious metal, with many analysts predicting further gains in the coming weeks.

2 min read
Business

Traders Brace for Volatility as Stocks Crash and Soar

Traders are gearing up for potentially extreme movements in the stock market, as they brace themselves for the possibility of a crash or a soar in the coming weeks. With uncertainty surrounding global economic conditions and geopolitical tensions on the rise, market participants are preparing for all possible scenarios.

1 min read
Business

Surging demand pushes cocoa prices to unprecedented levels, exceeding $10,000 per tonne

Cocoa prices continue to surge as global demand outpaces supply, sending shockwaves through the chocolate industry. With cocoa prices surpassing $10,000 a tonne, experts are warning of a potential crisis in the market.

2 min read
Business

Renting Emerges as the Preferred Option for Many in US Real Estate

According to recent data from the US Census Bureau, renters make up a significant portion of the population in most major cities across the country. With rising home prices and stagnant wages, many Americans are turning to renting as a more affordable housing option.

2 min read
Business

Meta under investigation by EU for potential antitrust violations under Digital Markets Act

The European Commission has officially launched investigations into tech giants Apple, Google, and Meta (formerly known as Facebook) under the EU’s Digital Markets Act. This marks the first set of antitrust investigations under the new legislation aimed at promoting fair competition in the digital market.