The Middle East's geopolitical instability has fueled gold price hikes, with investors anticipating a Federal Reserve rate decrease.
Tags: Economy
US-China Rivalry Could Shrink Global Economy By 7%, IMF Finds
Differences between Western nations led by the U.S. and China-aligned economic blocs threaten global trade cooperation and economic growth, as a top IMF official warned. Escalating tensions between Washington and Beijing could potentially cost the world's GDP up to 7%.
Donald Trump Talks Campaign, Economy, State Rights in Recent Interview; Criticizes Biden's Border Management
Donald Trump criticized President Joe Biden's border management, citing millions of people entering the US from "prisons," "mental institutions," and potentially as "terrorists."
Middle Managers at Risk of Being Laid Off When Companies Resort to Layoffs to Save Money
Middle managers are at risk of being laid off when companies resort to layoffs to save money. Middle managers are at risk of being laid off when companies resort to layoffs to save money.
Argentina's Economy Minister Issues Warning Over Fuel Shortages: Export Restrictions Loom
Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages.
Latest News
The Federal Reserve may decrease interest rates in June following the lowest annual gain in over three years in the United States.
Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.
The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.
Walmart CEO Doug McMillon said on Thursday that the possibility of deflation could be coming this holiday season as other general merchandise and essential grocery gets more affordable.
Goldman Sachs Research is boldly predicting that the global economy is poised to outperform expectations in 2024, demonstrating resilience in the face of recent challenges.
The second Global Investment Summit (GIS 23) will take place on November 27, according to UK Prime Minister Rishi Sunak.
As the financial landscape braces for potential economic challenges in 2024, consumers are encouraged to adopt a strategic approach to their finances.
The Reserve Bank of India launched a new set of rules regarding the deposit of demonetized notes. The new set of restrictions were welcomed with complaints among confused individuals.
The accumulated regulations over the decades have been blamed for the slow economic growth in the U.S. A recent study revealed that the buildup of regulations have caused higher costs and more complicated decision-making for the firms operating in the economy.
