IMF reduced the global economic growth forecastStocks

IMF reduced the global economic growth forecast

The perspective for the world economy has worsened this year due to chronically elevated inflation, growing interest rates, and uncertainty…

Price action in the oil market; Gold sets a new recordCommodities

Price action in the oil market; Gold sets a new record

Despite the Energy Information Administration reporting relatively significant drops in both US crude oil and refined product stockpiles, price movement…

Perplexity in global economyEconomy

Perplexity in global economy

In a sad report released last week, the World Bank warned of a sluggish growth slump in the global economy…

Toyota had record sales in FebruaryStocks

Toyota had record sales in February

On Thursday, Japan’s Toyota Motor Corp said global sales hit a record in February as it recovered from severe parts…

Record consumption in the US and rising egg prices in EuropeCommodities

Record consumption in the US and rising egg prices in Europe

As the Easter holidays approach, economic analysts are releasing their spending forecasts. Although additional electricity costs and rising prices burden…

Bank turmoil against world economyEconomy

Bank turmoil against world economy

Officials from the Federal Reserve announced their anticipation of a slowdown in bank lending. Critics link the decision to the…

China’s iron ore fluctuated. Will it bring more gain?Economy

China’s iron ore fluctuated. Will it bring more gain?

China saw substantial profits from its iron ore industry as the commodity’s price surged forward in recent weeks. Traders are…

Layoffs for another 9,000 Amazon employeesCommodities

Layoffs for another 9,000 Amazon employees

Amazon has announced it will cut 9,000 jobs across its global operations, the second major layoff this year. The company…

Foxconn expects a decline in demand for “smart” devicesStocks

Foxconn expects a decline in demand for “smart” devices

Foxconn, a leading provider to tech giant Apple, forecasts that demand for “smart” electronics will diminish somewhat this year, given…

Luxury wristwatch prices: Outperforming S&P 500Stocks

Luxury wristwatch prices: Outperforming S&P 500

Prices of pre-owned luxury wristwatches from Rolex, Audemars Piguet, and Patek Philippe have risen an average of 20% annually since…