Collections: Business

US Mortgage Rates Reach Highest Level Since Late November, Surpassing 7% AverageUS Mortgage Rates Reach Highest Level Since Late November, Surpassing 7% Average

US Mortgage Rates Reach Highest Level Since Late November, Surpassing 7% Average

Prospective homebuyers are facing a tough decision as the average long-term U.S. mortgage rate has surged above 7% this week,…

1 year ago
Alaska Air Predicts Higher-Than-Expected Second-Quarter Profit Due to Robust Travel DemandAlaska Air Predicts Higher-Than-Expected Second-Quarter Profit Due to Robust Travel Demand

Alaska Air Predicts Higher-Than-Expected Second-Quarter Profit Due to Robust Travel Demand

Alaska Air Group Soars with Strong Travel Demand and Profit Forecast Alaska Air Group, the operator of the Boeing plane…

1 year ago
ACEA Reports 5.2% Drop in EU New Car Sales in March Due to Early EasterACEA Reports 5.2% Drop in EU New Car Sales in March Due to Early Easter

ACEA Reports 5.2% Drop in EU New Car Sales in March Due to Early Easter

New car sales in the European Union took a hit in March, with a 5.2% year-on-year decline, the largest drop…

1 year ago
Google lays off employees and moves some roles overseas as part of cost-cutting measures.Google lays off employees and moves some roles overseas as part of cost-cutting measures.

Google lays off employees and moves some roles overseas as part of cost-cutting measures.

Google, owned by Alphabet, has announced layoffs of an unspecified number of employees as part of cost-cutting measures. The layoffs…

1 year ago
Brazil Pushes for Tax on Super-Rich, Aims for G20 Support in JulyBrazil Pushes for Tax on Super-Rich, Aims for G20 Support in July

Brazil Pushes for Tax on Super-Rich, Aims for G20 Support in July

Brazil's Proposal to Tax the Super-Rich Gains Momentum at G20 Meetings Brazil's Finance Minister Fernando Haddad announced on Wednesday that…

1 year ago
The Implications of Rising Oil Prices on Global MarketsThe Implications of Rising Oil Prices on Global Markets

The Implications of Rising Oil Prices on Global Markets

Oil prices have surged by 16% this year, hovering near $90 a barrel, as tensions in the Middle East and…

1 year ago
High Rates Wake-Up Call Threatens Global Markets with Painful AnalysisHigh Rates Wake-Up Call Threatens Global Markets with Painful Analysis

High Rates Wake-Up Call Threatens Global Markets with Painful Analysis

Investors Brace for Impact as Fear of High Interest Rates Looms As the anticipation of summer rate cuts dominates the…

1 year ago
Analysis: ECB May Forgive Italy’s Fiscal Sins if NecessaryAnalysis: ECB May Forgive Italy’s Fiscal Sins if Necessary

Analysis: ECB May Forgive Italy’s Fiscal Sins if Necessary

Investors who have been banking on high-yielding Italian bonds may need to reassess their strategy as concerns over the European…

1 year ago
Mixed Asian Benchmarks as US Appears Steadfast in Maintaining Current RatesMixed Asian Benchmarks as US Appears Steadfast in Maintaining Current Rates

Mixed Asian Benchmarks as US Appears Steadfast in Maintaining Current Rates

Asian shares were trading mixed on Wednesday as investors reacted to Federal Reserve Chairman Jerome Powell's comments indicating that U.S.…

1 year ago
Japan’s Trade Deficit Continues for Third Consecutive Fiscal Year Despite Export RecoveryJapan’s Trade Deficit Continues for Third Consecutive Fiscal Year Despite Export Recovery

Japan’s Trade Deficit Continues for Third Consecutive Fiscal Year Despite Export Recovery

Japan recorded a trade deficit for the third consecutive fiscal year, totaling 5.89 trillion yen ($38 billion) for the year…

1 year ago
Yen Vulnerable, Dollar Stable Following Federal Reserve’s Rate Cut SpeculationYen Vulnerable, Dollar Stable Following Federal Reserve’s Rate Cut Speculation

Yen Vulnerable, Dollar Stable Following Federal Reserve’s Rate Cut Speculation

The dollar remained stable on Wednesday, with the yen hovering near 34-year lows following remarks from Federal Reserve officials, including…

1 year ago
Survey Shows Smaller US Manufacturers Embracing Biden’s Large-Scale Industrial PlanSurvey Shows Smaller US Manufacturers Embracing Biden’s Large-Scale Industrial Plan

Survey Shows Smaller US Manufacturers Embracing Biden’s Large-Scale Industrial Plan

In a recent survey of 150 small and mid-sized manufacturers in America, it was found that nearly half of them…

1 year ago
Bank of America’s Profits Decline Due to Decreased Customer Interest PaymentsBank of America’s Profits Decline Due to Decreased Customer Interest Payments

Bank of America’s Profits Decline Due to Decreased Customer Interest Payments

Bank of America's profit took a hit as the lender saw a decline in customer interest payments, leading to a…

1 year ago
Asian Markets Follow Wall Street’s Decline After US Spending Data Shows StrengthAsian Markets Follow Wall Street’s Decline After US Spending Data Shows Strength

Asian Markets Follow Wall Street’s Decline After US Spending Data Shows Strength

Asian shares took a hit on Tuesday as Wall Street's slump and rising U.S. bond yields put pressure on stocks…

1 year ago
Asia Hedge Funds See Positive Returns in Q1 Due to Japan Rally and China’s RecoveryAsia Hedge Funds See Positive Returns in Q1 Due to Japan Rally and China’s Recovery

Asia Hedge Funds See Positive Returns in Q1 Due to Japan Rally and China’s Recovery

Asia-focused hedge funds have had a strong start to 2024, with a successful first quarter driven by a rally in…

1 year ago