Economy – Page 41 – Golden Financier

Economy

Explained: why did EU sue Spain, Cyprus, Poland, and Portugal over global taxation rules?

The European Union has taken legal action against four of its member states—Spain, Cyprus, Poland, and Portugal—over their failure to implement crucial rules regarding global taxation for multinational corporations. These…

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Economy

S&P 500, Dow rise on strong US jobs report; Tesla and Amazon stocks gain

The S&P 500 climbed on Friday, buoyed by a surprising jobs report that boosted investor confidence in the economy’s health. The broad index increased by 0.5%, while the Nasdaq Composite…

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Economy

OPEC+ spare capacity may offset Iran supply shock and end oil rally as tensions escalate

Oil prices have surged this week as tensions in the Middle East escalate, driven by Iran’s missile attacks on Israel. Investors are closely monitoring the situation, with concerns that any…

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Economy

Latin America’s 2024-2025 growth outlook: Brazil, Colombia lead as Chile, Ecuador face hurdles

As we enter the final quarter of 2024, Fitch Ratings has revealed its latest growth forecast for Latin America, focusing on the economic outlook post-US elections. Among the countries analyzed…

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Economy

Kamala Harris vs. Donald Trump: how the jobs report, inflation could shape US presidential elections

The robust jobs report for September, released just weeks ahead of Election Day, could provide Vice President Kamala Harris with a significant boost in her presidential campaign. The report revealed…

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Economy

Banco Caja Social to acquire 51% stake in Banco W, strengthening microfinance in Colombia

In a landmark move for Colombia’s financial sector, Banco Caja Social has announced its intention to acquire a 51% stake in Banco W. This significant transaction, which has been reported…

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Economy

September jobs report signals a new economic era: what’s next for the workforce?

The upcoming September jobs report is anticipated to provide further evidence of a labor market that has cooled in 2024. However, the slowdown is unlikely to be severe enough to…

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Economy

Amazon, Macy’s, and Target lead the charge with over 500,000 jobs for holiday rush

With the holiday season fast approaching, major retailers in the US are preparing for the busiest shopping period of the year. However, despite the usual ramp-up in hiring, there’s a…

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Economy

RBI expected to hold policy rates in October despite Fed rate cut, experts say

The Reserve Bank of India (RBI) is anticipated to keep the repo rate unchanged at 6.5% in its upcoming October 2024 meeting, despite the recent interest rate cut by the…

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Economy

Oil prices could surge by $20 as tensions in Iran escalate, warns Goldman Sachs

Global oil markets are on edge as Goldman Sachs cautions that crude prices could skyrocket by $20 per barrel if Iranian oil production suffers from potential Israeli retaliation following heightened…

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