Economy – Page 6 – Golden Financier

Economy

UK’s credit and housing markets signal economic strains heading into 2025

The UK’s mortgage and consumer credit markets have displayed significant underperformance in recent months, reflecting broader economic challenges. The latest data from the Bank of England reveals consumer lending growth…

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Economy

Why is Elon Musk calling for a new UK election?

Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, has drawn significant attention with his recent comments on British politics. His call for a new general election in the United…

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Economy

Why does Trump believe Britain’s North Sea windfall tax is a ‘big mistake’?

Former US President Donald Trump has criticised Britain’s windfall tax on North Sea oil and gas producers, describing it as a “very big mistake.” His remarks, shared on the social…

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Economy

Mexico’s 2025 growth forecast set at 1.2%, says OECD

Mexico’s economy seems to be on a path to recovery, albeit a gradual one, dipping slightly to 1.2% in 2025, and then picking up again to 1.6% by 2026. This…

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Economy

Rightmove’s stock is flat over 5 years but 2025 could change everything

Rightmove (LSE: RMV)- UK’s largest online real estate portal has long been a major feature of the country’s property search market, with a 86% share, yet, while the business boasts…

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Economy

Binance expands in LATAM with 21st global crypto license in Brazil

In a big move for crypto in Latin America, Binance, the top dog in cryptocurrency exchanges worldwide, just snagged its 21st license, this time from Brazil’s Central Bank. According to…

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Economy

Tesla annual deliveries drop for the first time, stock falls over 6%

Annual deliveries for automaker Tesla fell for the first time in years, sending its share price down by more than 6% in early trading hours. By 9:57 am, the stock…

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Economy

US jobless claims hit 8-month low: key numbers you need to know

The US labor market continues to display unexpected strength as the year closes, with new applications for unemployment benefits dropping to their lowest level in eight months. This significant decline…

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Economy

Nippon Steel’s plan to buy US Steel blocked by Biden, Washington Post reports

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…

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Economy

China to offer smartphone subsidies to boost consumer spending

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…

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