The housing market in the United States of America has been experiencing some wild swings for the past couple of years. The swings are caused mainly by the Coronavirus pandemic. American Housing Sector is Recovering The housing market in the United States was badly impacted during the pandemic. Finally, with the help of health organizations … Read more
On Wednesday, the respective heads of different central global banks attended an event in Portugal. The chiefs said that while it would be painful to bring down the soaring inflation in markets all over the world and there was a possibility that it could lead to a crash in economic growth, they had to take … Read more
There are two major risks that have put the economy of Britain under a great deal of pressure. The first is the possibility of double-digit inflation and the second is that of an economic downturn. This has created a huge dilemma for the Bank of England because it needs to figure out how far it … Read more
A senior official from the World Bank has called for introducing some changes in the laws applicable to sovereign debts. The purpose of the changes would be to provide more control to the governments in times of crisis and give them the ability to restructure their debt. Chances of debt crisis rising According to economists … Read more
On Monday, the Federal Criminal Court in Switzerland found Credit Suisse guilty of failing to prevent a cocaine trafficking gang based in Bulgaria from laundering money. This is the first criminal trial conducted in the country in regard to one of its prominent banks. Guilty ruling The trial found a former employee of Credit Suisse … Read more
The lawmakers from Europe have recently cast a vote, which is alarming news for the investors investing money into gasoline car manufacturing companies. European Lawmakers Call a Vote The voting was cast among the lawmakers of Europe surrounding the future of gasoline and diesel cars. The voting was in favor of completely banning the production … Read more
The market remains harsh, but these two stocks boast what rebounds need. The world stares at economic challenges, including escalated inflations, geopolitical tensions, and recession fears. That has seen equity markets tumbling. Most individuals tend to avoid the stock market amidst such conditions. Though it’s impossible to predict a bottom, investors might consider top-notch companies … Read more
On Friday, the International Monetary Fund (IMF) slashed its forecast for economic growth in the United States, as demand appears to be cooling down in the face of an aggressive hike in the interest rates by the US Federal Reserve. However, the IMF did predict that the country would be able to avoid a recession … Read more
Apple still looks like an impressive long-term bet. Apple (AAPL) has remained a lucrative investment for long-term investors, though the stock lost 23% in YTD. The decline emerged as market players stayed concerned about escalating inflation as the aggressive efforts by the Fed Reserve to cool it down through funds rate hike. AAPL’s price plunge, … Read more
On Thursday, the main indexes on Wall Street recorded solid gains, thanks to strong performance from tech and defensive shares that outweighed drops in economically sensitive groups, as concerns about an economic recession persisted. Stocks Pick Steam During the trading session, the benchmark S&P 500 was swinging between negative and positive territory, but stocks began … Read more