The core consumer inflation in Japan accelerated in July to its fastest in almost seven and a half years, primarily because of the prices of raw materials and fuel. These only added to the households’ cost of living, even though…
On Thursday, Turkey’s central bank took the markets by surprise when it reduced its interest rate by 100 basis points, bringing it down to 13%. It said that even though inflation in the country has reached 80%, they need to…
It was recently announced that Ryan Cohen, an activist investor was planning to sell his stake in Bed Bath & Beyond. Ryan Cohen’s venture firm has recently submitted a filing at the US SEC confirming that the activist investor is…
On Wednesday, the central bank of New Zealand delivered its seventh consecutive increase in interest rates. In addition, the monetary authority also signaled that it would continue to maintain a hawkish stance in terms of monetary policy tightening in the…
July saw US homebuilding decline to its lowest level seen in the last one and a half years, primarily because of rising prices of construction materials and higher mortgage rates. This suggests that there is a possibility of another contraction…
Alonzo Powell