Tourism in Greenland surges 14%: here’s why
Greenland is experiencing a sharp rise in international visitors, fuelled by a mix of geopolitical attention from the US and significant infrastructure upgrades. The opening of a new airport in…
Economy
1601 posts
US Fed holds interest rates steady but signals cuts ahead: key takeaways
The US Federal Reserve maintained its benchmark interest rate on Wednesday but indicated that rate cuts are likely later this year, reflecting growing concerns over economic uncertainty, inflationary pressures, and…
Silver poised to hit $35/oz as gold rallies to new highs
The price of silver has surged past the $34 per ounce threshold, reaching heights not seen since late October. This upward movement comes as gold prices also experience a notable increase,…
US stocks climb as Fed keeps rates steady, Dow Jones, S&P 500, Nasdaq Composite all gain
US stocks climbed on Wednesday after the Federal Reserve decided to keep interest rates unchanged, as investors assessed the potential economic impact of President Donald Trump’s tariff policies and the…
Burger King UK seeks £40M refinancing to fund expansion: report
Burger King UK, the main operator of the fast-food chain’s British business, is set to begin discussions with lenders for a major refinancing deal nearly eight years after it was…
China holds key lending rates steady amid trade uncertainty
China’s central bank kept its key lending rates unchanged on Thursday as policymakers balanced the need to support economic growth while maintaining currency stability amid rising trade tensions.The People’s Bank…
Will US stablecoin bill become a reality in two months? Bo Hines, Trump’s crypto council head, weighs in
Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, has signaled that comprehensive stablecoin legislation is imminent, with finalization expected in the coming months.Speaking at the…
Bank of Japan holds rates steady at 0.5% amid Trump tariff uncertainties
The Bank of Japan (BOJ) on Wednesday kept its key policy rate unchanged at 0.5% in a unanimous vote, in line with market expectations. The decision comes as policymakers assess…
New Zealand’s GDP recovery still fragile despite potential Q4 growth uptick
New Zealand’s economy likely eked out of recession in the fourth quarter of 2024, but growth remains sluggish, reinforcing expectations that the Reserve Bank of New Zealand (RBNZ) will continue…
UK wage growth stalls at 3% as employers brace for payroll tax rise
British employers have not made any changes in pay increases in response to rising costs and an impending hike in payroll taxes, bringing wage growth back in line with inflation…