Economy

The American dream of homeownership is increasingly tied to inherited wealth, as a record number of first-time buyers rely on inheritances to navigate a historically challenging housing market. Skyrocketing prices,…

The US dollar stands tall, poised for its most significant weekly gain in months, buoyed by hawkish commentary from Federal Reserve Chair Jerome Powell that sent tremors through global markets.…

Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing exposure to China. . The reversal marks a significant move for…

Gold prices were flat on Thursday, but were on course for its worst weekly performance since 2021.  Hot US inflation and dovish signals from the Federal Reserve cast doubts over…

China is set to strengthen its position in Latin America with the official opening of the first phase of the Chancay port project, located 70 kilometers north of Lima. This…

Brazil’s economic activity showed momentum in September, with the IBC-Br Index rising by 0.8%, according to data from the Banco Central do Brasil. This marks an acceleration from the 0.2%…

Federal Reserve Chairman Jerome Powell expressed on Thursday that the robust state of the US economy allows for a patient approach in determining the timing and extent of future interest…

US stocks fell on Thursday as investors sought to regain the postelection momentum that had previously driven major indexes to record highs. The Dow Jones Industrial Average dropped 165 points,…

China’s economy displayed promising signs of recovery in October, supported by an uptick in retail sales and industrial output. These improvements reflect the impact of recent government stimulus measures aimed…