Economy – Page 58 – Golden Financier

Economy

OpenAI acquires Jony Ive’s AI startup io in landmark $6.5B deal: should Apple be concerned?

OpenAI will acquire io, the secretive artificial intelligence hardware startup co-founded by former Apple design chief Jony Ive, in a landmark all-stock transaction valued at nearly $6.5 billion. The move…

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Economy

‘Not in a sweet spot’: JPMorgan’s Dimon sounds alarm on US stagflation, backs Fed’s rate hold

JPMorgan Chase & Co. CEO Jamie Dimon has voiced significant concerns about the US economy, stating he cannot dismiss the possibility of stagflation as the nation grapples with formidable risks…

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Economy

Weak US outlook revives investor interest in emerging markets

Emerging market stocks are once again at the center of investor interest, driven by growing disillusionment with US assets and a renewed search for growth abroad. The shift comes as…

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Economy

CATL share price surges 18% in Hong Kong debut amid world’s biggest IPO of 2025

Shares of Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, surged over 18% in their trading debut on the Hong Kong stock exchange on Tuesday, showing strong…

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Economy

Most Americans favour converting part of US gold reserves into Bitcoin, survey finds

A recent survey has revealed that four out of five Americans support converting a portion of the country’s gold reserves into Bitcoin, marking a notable shift in public sentiment toward…

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Economy

Why the US debt problem is getting too big to ignore

This is the first time in modern history that none of the three major credit rating agencies (Moody’s, S&P, Fitch) see US sovereign debt as top-tier. However, there is no panic…

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Economy

Moody’s downgrades US credit rating: what to expect of markets on Monday?

The United States may face renewed market turbulence this week after Moody’s Investors Service stripped the country of its last triple-A credit rating, citing an unsustainable fiscal trajectory and lack…

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Economy

Goldman Sachs trims oil forecast amid rising Iranian supply expectations

Goldman Sachs on Sunday said it is maintaining a guarded stance on oil prices, holding its forecasts below current futures despite signs of stronger global economic growth. The investment bank…

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Economy

From most wanted to president: what’s next for Syria’s revolution?

It wasn’t a battlefield victory or a sweeping democratic mandate that brought an end to Bashar al-Assad’s reign. It was something quieter, more terminal: a regime exhausted by years of…

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Economy

Inflation outlook in 2025: what April’s soft data isn’t telling you

April’s numbers for inflation looked good. Producer prices dropped. Retail sales were flat. Some even said inflation was cooling. But often, the real story is hiding in the details. What…

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