For about two years, hyperinflation has been the focus of events, so the persistent attempts made by central banks to reverse its course have increased, and with the war of central banks on the specter of inflation, it seems that the world is on the verge of reaching a new chapter in this economic narrative. … Read more
Live: European stock indices declined at the end of Tuesday’s trading session, despite the rise in financial market confidence in the Eurozone economies, with attention turning to the Federal Reserve’s monetary policy meeting. At the end of trading, the European Stoxx 600 index fell by 0.2% to 472.7 points, with losses in the energy, mining, … Read more
12.12.2023 8:52 | Monitoring Christmas is less than two weeks away and people are looking for presents. However, Komerční banka prepared an unpleasant surprise for its clients. In the KB+ application, which new users have to use and some old clients have moved to, it was not possible to send payments yesterday. And quite a … Read more
My wife and I are both retired. Currently we have an IRA worth over $800,000 that is intact and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 left with 2.5% interest, … Read more
Noha Makram-Live- US jobs rose faster than expected in November and unemployment fell despite signs of a weakening economy. US non-farm payrolls rose to a seasonally adjusted 199,000 during the month, which is slightly higher than the Dow Jones estimate of 190,000, and higher than the unadjusted October data of 150,000, according to the Labor … Read more
Abu Dhabi – Mubasher: Fitch, in its report entitled “Middle East Banks Outlook 2024,” gave UAE banks a stable future outlook. The agency expected that favorable business and operating conditions for UAE banks would continue in 2024, and real GDP growth would accelerate moderately to 3.9 percent in 2024 (2023: 2.3%); According to the report. … Read more
As of December 2, a new regulation of the Ministry of Internal Trade (MINCIN) in Cuba came into force. The measure, published in the Cuban Gazette as Resolution 93/2023, was published a month ago and establishes a new requirement for companies that want to register in the Central Commercial Registry and are obliged to implement … Read more
My husband is 68 years old and I am 74 years old. He earns $250,000 a year. We rent a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $300 a month! My husband wants to find a house for no more than $300,000 because he doesn’t want … Read more
Live: US stocks rose, at the end of Tuesday’s session, with bond yields declining after Federal Reserve Governor Christopher Waller’s statements that the economic slowdown may return inflation to its target, indicating that there is currently no justification for further raising interest rates. At the end of trading, the Dow Jones Industrial Average rose 0.25%, … Read more
Muhammad Shaker – Mubasher: UAE financial market indices rose at the close of trading on Tuesday, amid weak pricing of the possibilities of the Federal Reserve raising interest rates next month.. According to data from the UAE financial markets, the gains of the Dubai Financial Market amounted to 2.273 billion dirhams, and the Abu Dhabi … Read more