Category: Economy News

Billionaire investor Ray Dalio recently highlighted the significant amount of debt facing the U.S. economy, as the Federal Reserve made its first interest rate cut since the early stages of

China Development Bank Financial Leasing has announced its plan to order 50 Boeing 737 MAX 8 jets, providing a much-needed boost to the aircraft manufacturer. This order marks the largest

Brazil’s Central bank raised its benchmark interest rate by 25 basis points to 10.75% on Wednesday, signaling the start of an interest rate-hiking cycle to combat rising Inflation fueled by

Federal Reserve Chair Jerome Powell backed a proposed overhaul of the Basel bank capital rules, aiming for completion by the first half of 2025. The plan involves easing restrictions on

Amazon has announced an increase in pay for its fulfillment and transportation workers in the United States, along with offering free Prime memberships as part of the benefits package. The

U.S. single-family home construction experienced a significant rebound in August, although the rise in building permits indicated that the momentum may not be sustained due to an increasing supply of

Euro zone Inflation remains a concern for the European Central bank, according to Bundesbank President Joachim Nagel. Despite a recent rate cut, Nagel emphasized the need for Interest rates to

France’s budget deficit timeline needs to be extended beyond the current 2027 deadline set by the European Union, according to Pierre Moscovici, head of the public audit office. Moscovici stated

U.S. billionaire Ray Dalio recently outlined the top five key factors driving the Global Economy today during his appearance at the Milken Institute’s Asia Summit in Singapore. These factors are

The Federal Reserve is expected to announce a cut in Interest rates for the first time in over four years, signaling a shift from restrictive policies aimed at controlling Inflation.