Tag: Inflation
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News Corp Reports 75% Drop in Profits, Pins Hopes on AI for Remarkable Turnaround, US
News Corp reports a significant drop in profits but remains optimistic, highlighting artificial intelligence (AI) as a potential driver for turnaround.
China’s Economy in Trouble: Biden Calls It a Ticking Time Bomb
Discover the challenges faced by China’s economy as President Biden warns of trouble ahead. Uncover the implications for global stability and economic stakeholders.
Nasdaq Falls on Nvidia Decline as Consumer Prices Ease Rate Hike Concerns
July consumer prices ease concerns as Wall Street rebounds from Nvidia-driven Nasdaq dip. Optimism surrounds US economy and tech stocks. Read more.
Wall Street Rises as July Consumer Prices Ease Rate Hike Concerns, US
Wall Street rises as July consumer prices ease rate hike concerns, leading to positive movement in the stock market. Find out more about the latest data and Fed comments.
Japanese Lenders Rally on BOJ’s Policy Tweak, Room to Rise, Says Lazard
Japanese lenders rally on BOJ's policy tweak, offering room for growth. Transition to inflation and monetary policy normalization drive positive outlook. Lazard's fund outperforms. Tech sector outlook also promising.