Major U.S. stock indexes opened higher on Thursday (14th), a day after the U.S. Federal Reserve (Fed) signaled that it would end its recent aggressive interest rate hikes and hinted at at least three interest rate cuts next year. before deadline,Dow Jones Industrial Averagerose nearly 40 points or nearly 0.1%,Nasdaq Composite Indexrose more than 90 … Read more
The U.S. Federal Reserve (Fed) announced on Wednesday (13th) that it would keep its benchmark interest rate unchanged at a range of 5.25% to 5.5% and sent the clearest signal so far that a series of interest rate cuts will be carried out next year. The aggressive rate hikes to come may be over. Excerpts … Read more
US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more
A new illustration of the adaptation of Cornish small and medium-sized construction companies in the face of the slowdown in the construction sector? “For the moment, we still have as many requests for renovation,” observes, rather reassured, Hugues Bihan, co-manager with Cédric Morin of the Gabérico building company Quéau-Stervinou. A small institution, this family business … Read more
U.S. Treasury bond prices have rebounded strongly since November this year, and some strategists who have accurately predicted the trend of U.S. bonds this year said the rebound may not extend into next year. Bloomberg reported on Tuesday (12th) that Praveen Korapaty, chief interest rate strategist from Goldman Sachs Group, and Joseph Brusuelas, chief economist … Read more
Singapore is the most expensive city in the world tied with Zurich, according to the global cost of living index developed by the British press group, “ The Economist« . Singapore and Zurich lead the list of the most expensive cities in the world, followed by New York, Geneva, Hong Kong, Los Angeles and Paris, indicates … Read more
Expected economic data in the currency market During this week, many important economic events and data will be issued, which will have an impact on the trading of a number of currencies, most notably the Australian dollar, the US dollar, the euro, and the sterling. The most important events are as follows: British labor market … Read more
Struggling to finance his studies, Alex knows: this 25-year-old student worked nights at Amazon during his first year of his history degree, taking two years to complete it. He then took a break to work in a factory and raise enough money to pay for his studies. When the opportunity to go for a master’s … Read more
Major U.S. stock indexes opened lower on Friday (8th) as U.S. non-farm payrolls in November far exceeded expectations, suggesting the job market is still resilient and dampening market hopes for the Federal Reserve (Fed) to cut interest rates in March next year. before deadline,Dow Jones Industrial Averagefell more than 20 points or nearly 0.1%,Nasdaq Composite … Read more
The United States Social Security Administration (SSA) has announced that it will increase Social Security and Supplemental Security Income (SSI) payments in 2024 due to the cost of living adjustment (COLA). According to the SSA, the COLA ensures that the purchasing power of Social Security and SSI benefits stays in line with inflation. This is … Read more