Blog

Mounting trade barriers, aging populations, and the transition to renewable energy sources are increasingly blending to intensify the challenge of managing inflation. This fusion of such unwelcoming factors threatens to strain the efforts of central banks, particularly the Federal Reserve,...

Chinese electric vehicle (EV) manufacturer Build Your Dreams (BYD) Co. Ltd announced on Monday its acquisition of Jabil Inc’s Singaporean division’s mobility business in China for $2.17 billion, as reported by Reuters. The deal is expected to bolster BYD’s strategic...

US mortgage rates have indeed reached 22-year highs; the national average 30-year fixed mortgage rate is 7.59%, and the 15-year fixed mortgage rate is 6.86%, creating a challenging environment for potential homebuyers. In response to this situation, Zillow Group, Inc.,...

U.S. stock futures finally exhibit stability on Friday, poised for Federal Reserve Chair Jerome Powell’s eagerly anticipated address taking place in nearly five hours. The Dow Jones Industrial Average futures (YM00, 0.23%) rose 62 points, or 0.2%, reaching 34202. Meanwhile,...

The U.S. dollar has ascended to a peak not witnessed in over two months, poised for its sixth consecutive week of advancement. . This surge is particularly driven by the careful preferences of investors, who are seeking shelter within the...