Economy News

Global economy, politics, stock markets, gold, oil and more.

40 Banks in China Facing Bankruptcy – Here’s Why

China is witnessing a surge in bank failures, driven by a declining property market and poor risk management.

13.07.2024 7:00 1min. read Alexander Stefanov

High-Risk AI Stocks: A Warning Signal for Investors

S&P 500 is continuing its surge, riding the wave of the AI boom. However, not all AI stocks are good buy at this moment. Here are two of them, which you should potentially reconsider.

12.07.2024 21:30 1min. read Alexander Stefanov

BRICS: Alliance Shift to Gold Signals Dollar Decline

BRICS and other developing countries are ramping up their gold purchases while decreasing US dollar holdings, reports the World Gold Council.

12.07.2024 10:30 1min. read Alexander Stefanov

Top Dow Jones Stock Picks For 2024

For over 128 years, the Dow Jones Industrial Average has been Wall Street’s premier health barometer.

11.07.2024 22:00 1min. read Alexander Stefanov

JUST IN: Inflation Data Released – Here is What You Should Know

One of the most important data points that will shape future Federal Reserve interest rate policy was just released – the CPI.

11.07.2024 15:30 1min. read Alexander Stefanov

Warren Buffett’s Top Stock Picks for Stable Returns

Known as the “Oracle of Omaha,” Warren Buffett leads Berkshire Hathaway with a philosophy rooted in compound investing.

11.07.2024 9:00 2min. read Alexander Stefanov

Jerome Powell Speaks Again on Rate Cuts

Federal Reserve chair Jerome Powell testified in Capitol Hill yesterday as part of his twice-yearly report on the state of the economy.

10.07.2024 17:25 2min. read Alexander Stefanov