Before Lagarde’s Remarks, The Dollar Rises, The Euro FallsForex

Before Lagarde’s Remarks, The Dollar Rises, The Euro Falls

Early on Wednesday in European trading, the U.S. dollar moved up as investors sought safety in this haven due to…

China’s services activity extends contraction in MayEconomy

China’s services activity extends contraction in May

China’s services activity contracted for the third consecutive month, indicating a slow recovery despite the partial easing of COVID-19 curbs.…

Omicron Leads to New Lockdowns and Economic ChangesEconomy

Omicron Leads to New Lockdowns and Economic Changes

Due to the rising global low-light infection rate and President Joe Biden’s economic agenda turbulence, investor sentiment fell on Monday.…

U.S. Manufacturing Output Reaches A Record High In NovemberEconomy

U.S. Manufacturing Output Reaches A Record High In November

The output of the U.S. factory increased to the highest level in the past three years in November. The overall…

Omicron Changes The Direction Of COVID Pandemic, WHO SaysEconomy

Omicron Changes The Direction Of COVID Pandemic, WHO Says

On Wednesday, the World Health Organization (WHO) announced that the highly mutated Omicron variant of COVID-19 might change the pandemic…

Japanese Economy Shrank By 3.6% In The Third QuarterEconomy

Japanese Economy Shrank By 3.6% In The Third Quarter

The Japanese government stated that the Japanese economy dropped at a rate of 3.6% per year from July to September.…

U.S. and Taiwan discussed a semiconductor chip supply planEconomy

U.S. and Taiwan discussed a semiconductor chip supply plan

U.S. Secretary of Commerce Gina Raimondo discussed the chip supply chain with Taiwan counterparts. These two countries will cooperate in…

Why Uber decided to work with MetaEconomy

Why Uber decided to work with Meta

Uber Technologies partnered with Facebook’s parent company Meta to launch a ride-booking ability via its WhatsApp service in India. The…

Bond Tapering Amid Rising InflationEconomy

Bond Tapering Amid Rising Inflation

The new COVID-19 strain remains a threat. However, Federal Reserve Chair Jerome Powell said policymakers might consider eliminating pandemic assistance…

Omicron is posing risk to the recovering economyEconomy

Omicron is posing risk to the recovering economy

The Omicron version of COVID-19, as well as a recent increase in coronavirus infections, according to Federal Reserve Chairman Jerome…