In the aftermath of the COVID-19 pandemic, U.S. Treasury Secretary Janet Yellen is poised to articulate a defense of the Biden administration’s economic policies during what has been one of the most tumultuous periods in recent history. As she prepares to step away from her role, Yellen emphasizes the critical nature of the stimulus measures,
Economy
Recent developments surrounding the longstanding Gaza conflict have sparked renewed hope among investors in the Middle East. Negotiations are underway in Qatar as international stakeholders aim to establish a ceasefire and facilitate the release of hostages. This optimistic outlook has positively influenced the government bond markets across the region, with notable improvements in both Israel’s
The recent wildfires that ravaged Los Angeles have sparked heated political discourse surrounding disaster relief and accountability. In the wake of the devastation, which resulted in the tragic loss of 24 lives, leading Republicans in Congress are contemplating imposing conditions on financial assistance meant to aid affected communities. The inflammatory rhetoric from President-elect Donald Trump,
The recent fluctuations in Asian markets, coupled with the strength of the U.S. dollar near a 14-month high, have sparked discussions among investors and analysts alike. Monday’s trading session witnessed a notable dip in Asian shares as they navigated the consequences of a robust U.S. jobs report, which significantly impacted bond yields and tested the
The technological landscape is undergoing a remarkable transformation as a new breed of artificial intelligence, known as Agentic AI, rises to the forefront. This cutting-edge intelligence marks a significant departure from the generative models that have become ubiquitous in recent years. Instead of merely responding to input, Agentic AI embodies a self-directed framework capable of
The turbulence observed in the U.S. stock market last Friday has raised critical questions among investors and analysts alike, highlighting the tenuous balance between employment growth and inflation risks. Stocks across the board experienced significant sell-offs, culminating in the S&P 500 wiping out its gains accumulated since the beginning of 2025. Analysts attributed this downturn
As TikTok faces potential restrictions in the United States, the looming deadline of January 19 has sparked significant concern among its vast user base, advertisers, and employees. A recent decision by the U.S. Supreme Court indicates that the app, owned by the Chinese multinational ByteDance, might have to either sell its operations in the U.S.
In 2024, China’s economic indicators reveal a complex picture characterized by stagnant consumer prices combined with a continuing decline in factory-gate prices. The latest report from the National Bureau of Statistics of China highlights that the annual consumer price index (CPI) experienced a scant increase of 0.2%. This marks a significant stability in inflation rates,
In a significant move indicative of the luxury automotive market’s evolution, Rolls-Royce has announced an ambitious investment of £300 million (approximately $376 million) aimed at enhancing its renowned Goodwood facility. This expansion aligns with a burgeoning trend among high-end automakers who are adapting to the growing appetite for bespoke vehicles. As affluent consumers increasingly seek
As financial markets react to political developments, the valuation of the U.S. dollar continues to fluctuate, reflecting both the complexity of domestic policies and global relationships. Recently, the U.S. dollar has experienced volatility against other major currencies, reaching a one-week low as traders reassess their expectations regarding the economic agenda of President-elect Donald Trump. The