The global economy is set to slow for the third year in a row from 2.6 per …
U.S. economy
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The U.S. economy grew by 2.4 percent during 2023’s second quarter, faster than expected from 1.8 percent, …
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Apple announced on Tuesday a new multibillion-dollar deal with Broadcom to develop 5G chips made in the …
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Bank of America (BofA) has warned that the U.S. economy could shrank in the second quarter, after …
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TikTok’s CEO, Shou Zi Chew is scheduled to appear before the U.S. House Committee on Energy and …
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BanksInternational NewsNews
Silicon Valley Bank shut down in biggest bank failure since 2008
by Sama Mousaby Sama MousaFinancial regulators in California have close Silicon Valley Bank (SVB) and are now in control of its …
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BanksFeatureforex newsInternational NewsNews
BoA CEO sees U.S. technical recession by Q3
by Sama Mousaby Sama MousaBank of America CEO Brian Moynihan said on Tuesday that the American economy would reach a technical …
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Wall Street has marked the worst performance with its main benchmarks of this year so far on …
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FeatureInternational NewsNews
U.S. unemployment rate declines by 3.4 percent in January
by Nada Aliby Nada AliU.S. economy has added about 517,000 jobs last January as hiring unexpectedly surged despite high inflation, rising …
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BanksFeatureInternational NewsMoneyNews
U.S. Fed raises rates for the seventh time in a row
by Yomna Yasserby Yomna YasserThe U.S. Federal Reserve has on Wednesday increased its interest rates for the seventh time in a …