Tag: Economy

Wholesale prices increased in August, aligning with expectations, marking the final Inflation data point ahead of the Federal Reserve’s anticipated interest rate cut. The producer price index (PPI), a gauge

Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce

The European Union has navigated through economic challenges in recent years, including Russia’s war in Ukraine and trade tensions with China, according to outgoing European Commissioner for Economy Paolo Gentiloni.

Saudi Arabia’s Minister of Investment, Khalid al-Falih, is addressing skepticism regarding the country’s economic diversification plan and promoting “green shoring” investment opportunities to attract foreign financing. Al-Falih emphasized the comprehensive

The European Union requires up to 800 billion euros ($884 billion) in additional investment annually to meet its competitiveness and climate targets, as stated in a report by economist and

Turkey’s bid to join the BRICS alliance is viewed as a strategic and symbolic move as the country continues to enhance its global influence. The nation of 85 million people

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. (JPM), expressed concerns about the possibility of stagflation, despite recent signs of Inflation easing. Speaking at a conference in Brooklyn,

Several companies saw significant movement in midday trading. Trump Media & Technology experienced a more than 13% drop following a debate between major shareholder former President Donald Trump and Democratic

The Federal Reserve will receive its final Inflation data this week before deciding on a potential interest rate cut. The Labor Department will release the consumer price index and producer

Shares of Trump Media & Technology dropped over 11% following the recent debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris. Rentokil Initial also suffered a 20%