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These five billionaires could hit $1 trillion in wealth by 2035
1 day ago · Rebeca Riddel reacts. Rebeca Riddel from Oxfam is one of those who is outraged by this state of affairs, believing that this kind of inequality can only create even bigger problems. "It is an unimaginable amount. This extreme inequality is nothing to …
Ursula von der Leyen: EU will take a pragmatic approach in …
1 day ago · The arrival of Donald Trump to the position of the US president draws a large number of reactions. Citizens are not sure what to expect from the arrival of the new/old president, but if you look at the reactions on social media, it seems that the majority are optimistic about his arrival and the recovery of the US economy.
Wall Street surge powers JPMorgan to record-breaking 2024 results
6 days ago · JPMorgan Chase & Co.'s annual profit hit a record high on a strong fourth-quarter market. JPM earned $14 billion in the period, the most in its history and the most by any U.S. savings institution. The company's annual profit of $58B was driven largely by a surge in its Wall Street operations as ...
US Core CPI slows to its lowest reading since july
6 days ago · Headline CPI was firm in December at +0.4% MoM, boosted by strong food and energy prices. This has shown an accelerating trend since mid 2024. Core CPI, however, was softer at +0.23% MoM, the lowest reading since July. Analysts suspect the core PCE reading should be similar. This should be viewed as ...
Layoffs in tech sector drop by 42% as industry shows signs of …
6 days ago · Almost all of the big AI companies saw their stock prices rise in 2024, with Nvidia the clear winner last year. The tech company saw its biggest jump in market capitalization last year, largely driven by the growing interest in artificial intelligence and …
Fed shifts outlook toward more hawkish stance
Dec 9, 2024 · Some of the Fed's hawks may be starting to chafe. The recent slowdown in the pace of US disinflation, a lower US unemployment rate than anticipated in September, exuberance in US financial markets, and the inflation that may emerge from the next administration's policies mean that while the Fed will cut next week, the Fed's consensus (median) will be to tilt the outlook in a more hawkish ...
Five key macro trends to watch in 2025 - financial-world.org
Nov 24, 2024 · Analysts believe that 3i's (Inflation, Inequalities and Immigration) were the principal culprit in political revolutions that over the last 15 months have either swept from power or meaningfully weakend almost all incumbent governments (e.g. US, UK, France, Germany, the Netherlands, Austria, Italy, Poland, Japan, and India).
Financial News
Canadian Employment Grows by 91K in December Bank of Canada Expected to Cut Rates Through Mid-2025 2 days ago
Federal Reserve's Upcoming Decision Could Alter Interest Rate …
Mar 15, 2024 · Everyone's watching the Federal Reserve as it gets ready for next week's big meeting. With inflation cooling off slower than expected, there's a buzz that the Fed might tweak its interest rate forecasts, and that could really shake things up in the markets.