Browsing: Business

UK Prime Minister Keir Starmer announces plans for increased taxes on the wealthy to address longstanding economic issues.

The EU achieved a €40.4 billion trade surplus in Q2 2024, driven by strong machinery and chemicals sectors, despite significant energy deficits.

U.S. crude oil prices increased by 3% due to a production stop in Libya and ongoing Middle East tensions.

Following Powell’s remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts.

The European Commission has greenlighted a €5 billion aid for a new German semiconductor plant to strengthen EU’s tech sovereignty.

As Wall Street grows bullish, gold prices might hit $3,000 next year, driven by geopolitical tensions and central bank buys.

Amid a weakening dollar and rising expectations of a Fed rate cut, gold prices reached a record high of $2,500.99 per ounce, signaling strong market confidence.

Consumer spending in the U.S. experienced a notable boost in July, with retail sectors like autos and electronics leading the gains.

Stock markets rebound as Dow and S&P 500 climb, driven by robust retail sales and promising labor data, signaling a decrease in recession fears and restoring investor confidence.

Starbucks’ shares soar 24% as Chipotle’s Brian Niccol is announced as the new CEO, marking a significant leadership transition.