Category: Economy
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US Economy Surprised Again in 2024 Despite Fed, Election Drama
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Breadcrumb links BMN Business Over the past few years, the US economy has consistently defied expectations of a slowdown, and 2024 is no different. Article writer: Bloomberg News Augusta Saraiva Posted on December 29, 2024 • 3 minutes read You can save this article by registering for free here. Or…
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Hivello + Swarm: advancing decentralization, empowering a fairer data economy, and fostering a vibrant, freedom-focused community
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Article content Amsterdam, December 17, 2024 (GLOBE NEWSWIRE) – Hivello, a platform focused on assembling DePIN (Decentralized Physical Infrastructure Networks) projects, is collaborating with Swarm, a decentralized storage and communications system. This collaboration aims to increase the number of nodes in the Swarm network and enhance its geographical decentralization. Article…
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Hivello + Swarm: advancing decentralization, empowering a fairer data economy, and fostering a vibrant, freedom-focused community
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Article content Amsterdam, December 17, 2024 (GLOBE NEWSWIRE) – Hivello, a platform focused on assembling DePIN (Decentralized Physical Infrastructure Networks) projects, is collaborating with Swarm, a decentralized storage and communications system. This collaboration aims to increase the number of nodes in the Swarm network and enhance its geographical decentralization. Article…
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Charting the Global Economy: Assad’s Fall Adds to Middle East Instability
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Breadcrumb links BMN Business The overthrow of Bashar al-Assad’s government added a new source of instability to the Middle East, with Türkiye asserting itself as the main player in shaping Syria’s future. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted on December 14, 2024 • 4 minutes read…
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StepStone partner: Israeli economy resilient and robust
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Darren Friedman, partner at alternative investment firm StepStone, focuses his portfolio on the technology, healthcare and infrastructure sectors in the United States. However, he expresses concerns about Europe, saying: “It is striking that countries like Greece, Italy and Spain now look like the bright spots on the continent. Friedman, a…
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Tim Heath on how the New Digital Economy Goes Mainstream
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As an investor, I like simple solutions to complex problems. If you can make someone’s life easier and remove some of the friction between them and what they want, you can probably charge a dollar or two. If you can do this at scale and charge more than you spend,…
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Charting the Global Economy: Prospects Dim for European Economy
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Breadcrumb links BMN Business Business activity in the euro zone unexpectedly contracted this month, raising concerns about the outlook for the European economy and suggesting that the European Central Bank will need to be more aggressive with interest rate cuts. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted…
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Fed rate cuts outlook: stronger economy means less easing
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Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…
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Fed rate cuts outlook: stronger economy means less easing
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Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…
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Charting the Global Economy: Trump Win Reverberates Around the World
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Breadcrumb links BMN Business Donald Trump’s decisive victory in the US presidential elections has already made world leaders prepare for how his next administration will shape the global economy. Article writer: Bloomberg News Molly Smith Published on November 9, 2024 • 4 minutes read You can save this article by…
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Investment focus drives Rachel Reeves’ strategy to revitalise UK economy
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The UK economy has been mired in low growth rates for years, a problem that has worsened since the 2008 global financial crisis. Despite some short-lived recoveries, average annual growth has remained persistently weak, leading to stagnant living standards. A stark indicator of this trend is that real wages in…
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High political volume bad for economy: let’s tone it down
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In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President’s impeachment case. After Parliament’s approval, the matter went to court. This swing has distracted attention and raised political temperatures. It is…
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High political volume bad for economy: let’s tone it down
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In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President’s impeachment case. After Parliament’s approval, the matter went to court. This swing has distracted attention and raised political temperatures. It is…
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Meitav: 5 reasons for optimism on Israeli economy
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In his weekly poll, Alex Zabiginski, chief economist at investment house Mitav, paints a positive picture of the Israeli economy, which contradicts recent negative assessments. He writes that the “wisdom of crowds” in markets is justified. Although there are significant downside scenarios, in the main scenario the risk to growth…
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Meitav: 5 reasons for optimism on Israeli economy
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In his weekly poll, Alex Zabiginski, chief economist at investment house Mitav, paints a positive picture of the Israeli economy, which contradicts recent negative assessments. He writes that the “wisdom of crowds” in markets is justified. Although there are significant downside scenarios, in the main scenario the risk to growth…
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Charting the Global Economy: ECB Lowers Rates as Inflation Wanes
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Breadcrumb links BMN Business The European Central Bank has cut interest rates for the third time this year as a rapid decline in inflation allows policymakers to provide support to the region’s faltering economy. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted on October 19, 2024 • 3…
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A hot economy is good enough for stocks — and even for rate cuts
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This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: The bullish euphoria that came from the prospect of a quick return to neutral interest rates after the Fed’s 50 basis point cut in September has faded. But it’s…
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AUD Sharply Higher as Australian Economy Added 64.1K Jobs in September
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Australian jobs numbers for September were mostly in the green, with the economy reporting a much faster pace of hiring for the month at 64.1k versus an expected increase of 25.2k. This was enough to keep the unemployment rate at 4.1% instead of the expected reading of 4.2%. The previous…
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Fed’s Bowman does not comment on Fed policy or the economy at speaking engagement
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…