Tourism to Become $15.5 Trillion Industry by 2033
The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.
Economic Forecast - page 10
Company Applied Materials Publishes Positive Forecast for Future
Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.
JPMorgan Сhanges Default Forecast for Emerging Markets
JPMorgan has made changes to the forecast for high-yield corporate default in global emerging markets, increasing the level of probability of this scenario.
Fitch Warns of Possible Downgrade of Dozens of Banks
An analyst at Fitch Ratings warned that the US banking sector is currently on the way to a new downgrade, which could potentially affect dozens of lenders, including industry giants such as JPMorgan Chase.
Sony Expects Smartphone Market Recovery to 2024
Sony Group, the largest supplier of camera sensors for smartphones, has changed its forecasts regarding the expected timing of the recovery of consumer demand in the market of mobile phones.
Palantir Improves Profit Forecast
Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.
Fitch Downgrades US Debt Rating From AAA to AA+
Fitch Ratings has downgraded the US debt rating from the highest level of AAA to AA+.
Singapore Becomes Command Center for ASEAN Fintech: Report
PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor
Semiconductors used in the field of artificial intelligence have long-term prospects for a high level of demand, which caused a change in the direction of an optimistic assessment of the attitude of Morgan Stanley specialists to the future application of chip stocks in Greater China, South Korea, and Japan.
Interest-Only Mortgages Shrink in UK: Report and Forecast
UK Finance observed a further reduction in the size and risk profile of the interest-only mortgage book in 2022, as customers continued to repay their loans on or ahead of schedule
McKinsey Reveals How Much Work Activity AI Will Replace
The answer to whether generative AI will take your place at work can be found in the new McKinsey study
Experts Say ChatGPT to Fuel $1.3 Trillion AI Market by 2032
The release of generative artificial intelligence systems that are focused on solving problems, and satisfying various groups of consumer needs, for example, ChatGPT from OpenAI and Bard from Google will ensure a high level of development of the generative AI market over the next decade and will bring its financial volume to $1.3 trillion by […]
US Passes Bill to Avoid Default: What to Expect?
The US House finalized a bill to suspend the debt ceiling on Wednesday, just days left before the country was expected to default. What comes next for the national debt and financial markets?
Germany Falls Into Recession
Germany has slipped into recession amid a decline in consumer spending after last year’s shock in energy prices.
Goldman Strategists See Potential Profit Boom From AI
Strategists at Goldman Sachs Group Inc. believe that artificial intelligence can become a solid foundation for long-term profit growth in the United States.
Janet Yellen Warns of US Cash Shortage Risk by June
US Treasury Secretary Janet Yellen said there is a risk that the US will run out of cash by June 1 if Congress does not decide to raise or suspend the debt ceiling.
