In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
In 2023’s second and third quarters, 53 percent of inflation was due to corporations jacking consumer prices to protect profits, according to a study by think tank Groundwork Collaborative (GC), which claims “resounding evidence” for the allegation.
In 2023, 4.09 million existing homes sold, the fewest since 1995, the National Association of Realtors (NAR) reported.
Americans are feeling better about the economy than they have at any time since July 2021, the University of Michigan's monthly survey of consumer sentiment has found.
U.S. consumers spent 0.6 percent more in December than in November, a month in which shoppers raised their spending 0.3 percent from October.
The annual interest due on the U.S. national debt has reached $730.8 billion, a sum that exceeds the combined net worth of billionaires Jeff Bezos, Mark Cuban, Ray Dalio, Bill Gates, Ken Griffin, Elon Musk, George Soros, and Mark Zuckerberg, according to DailyWire.com.
With the U.S. Federal Reserve promising interest rate cuts this year and U.S. equity markets setting records, fund managers are betting big on Big Tech once again.
There was poor rich man Jamie Dimon, who just wanted to mix and mingle at the World Economic Forum Davos meetup of elites last week, having to field questions—yet again—about bitcoin.
Florida Gov. Ron DeSantis announced Sunday that he was suspending his presidential campaign as he lagged in polls against fellow Republican hopeful Donald Trump, who is facing 91 criminal charges in four jurisdictions.