Finance & Economics - page 7

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Alibaba Demonstrates Growth

Alibaba Group Holding Ltd. has published information about its earnings for the fourth quarter of 2024, according to which the revenue of this Chinese Internet pioneer for the mentioned period demonstrated growth at an upward dynamic pace, which is the fastest in more than a year, and this is another signal in favor of the […]

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Japan’s GDP Beats Forecasts

The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.

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Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

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US Retail Sales Demonstrate Decline

In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.

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Donald Trump to Impose Reciprocal Tariffs as Soon as April

President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.

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UK Escapes Recession Threat

At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.

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Donald Trump Readies Reciprocal Tariffs

On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.

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Donald Trump Calls for Lower Interest Rates

President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.

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Bank of America CEO Says About Inflation Impact on US Economy

Bank of America chief executive officer Brian Moynihan on Wednesday, February 12, said that the strong consumer spending in the United States in the current year means that the Federal Reserve System is likely to hold off on cutting its benchmark interest rate.

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CVS Health Reports Earnings

On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.

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US Consumer Prices Demonstrate Growth

In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.

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Jerome Powell Tells Congress Fed Still in No Rush to Cut Rates

Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.

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Donald Trump Raises Tariffs on Aluminum and Steel Imports

President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]

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Amazon Reports Earnings

Amazon, the e-commerce giant that became one of the largest players in the global technology sector over time, on Thursday, February 6, published information on the financial performance of its activities for the fourth quarter of last year.

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Bank of England Cuts Interest Rates

Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.

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Bank of England Reportedly to Resume Rate Cuts

Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.

Finance & Economics