IMF Forecasts Increase in India’s Contribution to Global Economic Growth
The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.
Economic Forecast - page 9
China Injects Record Cash to Sustain Low Rates
Record cash infusion can help rates in China to remain low, motivating lenders to support a higher issuance of government bonds and make more loans to clients.
US Mortgage Originations to Reach $1.95 trillion in 2024
The US Mortgage Bankers Association (MBA) expects that total mortgage origination volume will increase to $1.95 trillion in 2024, up from the $1.64 trillion forecast in 2023.
Wells Fargo Predicts Continued US Economic Slowdown
Wells Fargo, following the results of the third quarter of this year, recorded an increase in net charge-offs, a decrease in the demand for loans, and a decline in the average volume of deposits.
Bank of America Predicts Significant Economic Impact of AI
Bank of America predicts a significant economic effect as a result of the active use of artificial intelligence in various industries.
HP Predicts Profit
HP forecasts earnings for the fiscal year, which begins in November.
Real Estate Crisis to Stop Development of China’s Economy for Years
The steady growth of the Chinese economy, which is a historical example of a process that has a high level of sustainability and demonstrates impressive speed, for several decades had been largely due to such a factor as the active development of the real estate sector against the background of population growth and large-scale urbanization, […]
Dell Characterizes Servers as Main Growth Engine in AI Era
Dell Technologies, a company that has become one of the pioneers in the historical space of the era of personal computers, said that currently, the most promising business is the activity of selling equipment for data centers.
Fall in Value of TSMC Shares Signals Difficult Times to Chip Sector
The Taiwan Semiconductor Manufacturing Company stock price index has shown a drop more significant than any other securities in Asia since mid-June, which is a reflection of investors’ preparation for a prolonged negative situation of slowing processes in the chip sector.
Falling Lithium Prices Indicates Uncertainty About Prospects for Demand in China
The dynamic of the cost of lithium demonstrates a rapid decline, which has already led to the fact that this indicator was at the lowest level in the last two years.
UK GDP Grows Faster Than Any European G7 Country Since 2010
UK GDP is now 1.8% higher than its pre-pandemic levels, having increased by 0.2% in Quarter 2 (Apr to Jun) 2023
US on the Verge of Government Shutdown: What Financial Risks Households Face?
A government shutdown looms over this weekend. What does it mean for American households?
Experts Say About Benefits of AI for Economies of Many Countries
Artificial intelligence will become a catalyst for the economic growth of the United States and other countries whose economic systems are more developed than China’s.
Goldman Sachs CEO Says About Risk of Prolonged Inflation
Goldman Sachs CEO David Solomon expressed doubts that the prospects for further dynamics of the United States economy are positive.
Intel CEO Says About Good Prospects of Company
Intel Corporation Chief Executive Officer Pat Gelsinger said that the company is currently on track to achieve indicators that are in line with forecasts for the third quarter.
NVIDIA Reports Record Sales
NVIDIA has reported an increase in its sales to a record level amid a rapid growth in demand for artificial intelligence chips.
