Financial World featuring Sports, Movies, Games, Gossip, Business and Cryptocurrency.

1 day ago · The recent communications from major central banks suggest a careful stance as global uncertainties persist. The Fed, ECB, and BCB have all signaled that future policy moves will depend on evolving economic indicators and political developments. As traders watch markets react, their decisions remain ...

11 hours ago · US trade measures. The US government has imposed 25% tariffs on goods from Canada and Mexico, and 10% tariffs on products from China. Economists warn that these tariffs may force companies to raise prices on electronics, groceries, and apparel.

1 day ago · The first estimate of 4Q real GDP came in at +2.3% annualized, a figure below consensus and the FRB Atlanta estimate. Real final domestic demand was stronger at +3.1%, as solid consumer spending and government activity helped offset headwinds in fixed business investment and inventory building.

1 day ago · EMU is an unattractive mix of low growth and high volatility exposures to a myriad of intractable energy, social and geopolitical issues. This more than amply explains EMU's stagnant ROEs (half of the US levels) and its persistent valuation penalty, justifying analysts' long-standing overweight of the US vs an underweight in Europe.

Jan 16, 2025 · JPMorgan Chase & Co.'s annual profit hit a record high on a strong fourth-quarter market. JPM earned $14 billion in the period, the most in its history and the most by any U.S. savings institution. The company's annual profit of $58B was driven largely by a surge in its Wall Street operations as ...

Dec 14, 2024 · The controversial Argentine president introduced free trade in the country, and Argentina has a budget surplus after more than a century. President Milei and the government hope that the new laws, which offer investors decades of tax and customs relief, will quickly attract capital and curb the recession.

Dec 9, 2024 · Some of the Fed's hawks may be starting to chafe. The recent slowdown in the pace of US disinflation, a lower US unemployment rate than anticipated in September, exuberance in US financial markets, and the inflation that may emerge from the next administration's policies mean that while the Fed will cut next week, the Fed's consensus (median) will be to tilt the outlook in a more hawkish ...

Nov 24, 2024 · Analysts believe that 3i's (Inflation, Inequalities and Immigration) were the principal culprit in political revolutions that over the last 15 months have either swept from power or meaningfully weakend almost all incumbent governments (e.g. US, UK, France, Germany, the Netherlands, Austria, Italy, Poland, Japan, and India).

Jul 25, 2024 · Background of the crisis. The deficit widened instead of narrowing, and Brazil's debt-to-GDP ratio rose again. In particular, the carefully monitored and targeted primary deficit (as a share of GDP) moved away from the fiscal framework target of -0.25% for 2024.