UK inflation hits eight-month high at 2.6% ahead of BOE meet
UK inflation rose to an eight-month high in November, increasing to 2.6% from 2.3% in October, driven by higher petrol prices, grocery costs, and an increase in tobacco duty. Core…
Economy
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Crypto craze grips Indian small towns as youngsters look to diversify portfolios
India’s cryptocurrency market is rapidly evolving, with smaller cities and towns stepping up as active players in the digital assets space. A recent report by CoinSwitch says tier-2 and tier-3…
Lula takes aim at Brazil’s high interest rates: a call for economic change?
President Luiz Inacio Lula da Silva has upped his criticism of the country’s worrying interest rates, expressing his serious concern for the Brazilian economy. In a recent interview, Lula said…
Dominican Republic’s inflation rate edges up to 3.18% in November
The Dominican Republic’s annual inflation rate rose slightly to 3.18% in November 2024, from 3.16% the previous month. This reflects a recovery from the country’s lowest inflation levels since April,…
Why are drone stocks soaring today?
Shares of Red Cat Holdings surged over 25% on Monday after news broke of its partnership with Palantir to integrate advanced visual navigation software into its drones. The announcement ignited…
S&P 500 and Nasdaq rise ahead of Fed meeting; shares of Super Micro Computer plunge, while Broadcom surges
The S&P 500 and the Nasdaq Composite rose on Monday as investors waited for the outcome of the US Federal Reserve’s two-day meeting later this week. At the time of…
Gold prices steady as Fed rate cut expectations already priced in
Gold prices were little changed on Tuesday as investors cautiously anticipated further cues from the policy meeting outcome of the US Federal Reserve. Prices have traded in a narrow range…
Indian markets fall ahead of Fed meeting; Dixon surges, Sky Gold hits upper circuit
Indian benchmark indices started the week on a weak note, with the BSE Sensex falling 0.32% to 81,872.77 and the Nifty 50 dropping 0.29% to 24,696.40 as of 10:20 am.…
Can Spain’s economy teach Europe how to succeed?
Spain’s economy is thriving, with 2024 marking one of its best years in recent history. It is projected to grow by 3%, almost four times the eurozone average. The labor…
Brazil’s IBC-Br index reports weakest growth in three months at just 0.1% in October, exceeding forecasts
The IBC-Br Index of Economic Activity in Brazil, a key indicator of economic performance, rose 0.1% month on month in October 2024. This increase comes after a significant revision to…