Europe's largest economy will expand by just 0.1 percent in 2024, five think-tanks said in a joint statement, a sharp downgrade from their earlier forecast of 1.3 percent growth.
Tor Langoy, President and CEO at BD Globe Financial, sees the weaker yuan as the result of Beijing's efforts to stimulate exports.
The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.
Embracing Venezuela's economic landscape presents a unique canvas for investors, where the quest for transparent and reliable data evolves into an opportunity for innovation and pioneering market strategies.
The settlement will see Visa and Mastercard cap credit interchange fees until 2030, with the companies obligated to negotiate fees with merchant buying groups.
Alibaba Group Holding Ltd. announced on Tuesday its decision to abandon the long-anticipated initial public offering (IPO) for its smart logistics arm, Cainiao.
Transport minister and government spokesman Bandula Gunawardana said Prime Minister Dinesh Gunawardena was in Beijing, the island's biggest bilateral creditor.
Iraq, fighting a booming currency black market, has considerably increased overseas dollar transactions through the official global SWIFT system, the Central Bank vice governor said on Monday.
Trump Media & Technology Group Corp. (TMTG), is on the brink of entering the NASDAQ market,following a merger with Digital World Acquisition Corp. (DWAC).
The S&P 500 ended the week at 5,234.18, up 2.3%; the Dow Jones at 39,475.90, up 1.98%; the tech-heavy Nasdaq at 16,428.82, up 2.9%; and the small caps Russell 2000 at 2,072.00, up 1.60%.
Bitcoin's recent surge to a new record value has captivated investors, prompting a closer look at the various factors contributing to its remarkable ascent.
The market's recent performance prompts concerns about the strength of the bull market rally as investors assess the broader economic landscape.
The surge in immigration has sparked a complex interplay between economic growth, labor dynamics, and housing challenges.
Trump's stake in Truth Social may offer significant paper wealth, but legal and financial constraints could delay his ability to cash in.
SEC charges investment advisers Delphia and Global Predictions for deceptive AI practices, underscoring the emergence of AI washing in financial markets.
Hindenburg Research's accusations of accounting manipulation have sparked turmoil for Equinix Inc., raising doubts about its financial integrity.
Chipotle's board approved a groundbreaking 50-for-1 stock split, marking a historic first and signaling confidence in its financial performance.
Rising confidence in the U.S. economy prompts skepticism about anticipated Federal Reserve rate cuts, raising doubts about future monetary policy adjustments.
Japan's central bank on Tuesday scrapped its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.
Google and Apple are reportedly in talks to integrate Gemini's generative AI technology into iPhones, sparking a surge in both companies' stock prices.
Landmark antitrust settlement in U.S. real estate industry poised to revolutionize home buying with expected 25-50% drop in commissions.
In this week's regular March meeting, the Federal Open Market Operations (FOMC) will likely maintain its current interest rate policy.
The Consumer Price Index (CPI), a measure of retail inflation, rose 0.4% in February, the highest level in five months and above market expectations of 0.3%.
Apple reaches a $490 million settlement in a class-action lawsuit accusing CEO Tim Cook of misleading shareholders about declining iPhone demand in China.
Tesla faces significant challenges as analysts downgrade outlook amid concerns over stagnant growth and increasing competition in the electric vehicle market.
Wholesale prices in the U.S. unexpectedly surged in February, intensifying concerns about inflation and adding complexity to monetary policy decisions.
US consumer spending warmed slightly in February, according to government data released Thursday, with retail sales regaining ground after an earlier hit from cold weather.
Disney CEO Bob Iger gained a significant boost with JPMorgan CEO Jamie Dimon's endorsement in the ongoing proxy fight against activist investor Nelson Peltz.
"How can I pay you?" Tourists can pay for guesthouses and restaurants in pesos, euros or dollars.
The March Consumer Price Index (CPI) — a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services — rose 0.4% in February, above market expectations of 0.3%.