Economy

President Joe Biden has reportedly decided to block Nippon Steel’s proposed $15 billion acquisition of US Steel, according to the Washington Post on Thursday, citing unnamed administration officials unauthorized to…

China plans to broaden its consumption subsidies to include smartphones and other electronics in a bid to boost domestic spending as external challenges loom. The country’s trade-in program, originally focussed…

Britain began 2024 with promising signs as inflation steadily declined before rebounding in November, but as 2024 draws to a close, fears of stagflation- a phenomenon combining stagnating growth and…

The People’s Bank of China (PBOC) plays a pivotal role in shaping global foreign exchange (FX) markets through its daily yuan fixing mechanism. By establishing a central parity rate for…

After a lacklustre performance in recent years, Indian large-cap stocks could see a comeback in 2025, driven by attractive valuations resulting from foreign investor selling and the potential for strong…

US stock index futures edged higher on the last trading day of 2024, capping off a remarkable year that saw equities rally to record highs, fueled by a confluence of…

In 2024, US credit card defaults surged by 50% compared to the previous year, reaching levels not seen since 2010, according to data from BankRegData analyzed by the Financial Times.…

Inflation dominated financial searches in 2024, reflecting widespread economic concerns, while tariffs, stock splits, and cryptocurrencies also captured significant public interest. A recent report from Investopedia revealed its “Terms of…

Chipmaker Nvidia was all the rage in 2024, as the little known company went on to become one of the most valuable companies in the world, often taking the top…