Finance News

The eurozone (20 countries using the euro) managed to escape a "technical recession" in the fourth quarter of last year. According to Eurostat, an EU statistical body, on the 30th (local time), the eurozone's gross domestic product (GDP) growth rate...

After a long period of gloom, Americans began to have a better outlook on inflation and the economy. This could sustain consumer spending, boost economic growth, and potentially affect President Joe Biden's political fate. The University of Michigan's measure of...

According to the World Economic Forum (WEF), uncertainty in the global economy is expected to grow and growth power is expected to weaken this year. On the 15th (local time), the Davos Forum released a report titled "Senior Economist Outlook:...

The Wall Street Journal (WSJ) reported on the 14th (local time) that Goldman Sachs, which has withdrawn from the retail finance business, is increasing loans to wealthy people. Goldman Sachs is expanding loans to individual asset owners who hold more...

The Organization for Economic Cooperation and Development (OECD) diagnosed that inflation is easing due to tight monetary policies in each country, but growth is slowing, including shrinking global trade. In an economic outlook report published on the 29th (local time),...

The global economy, which has shown remarkable resilience this year and is showing growth, is expected to stagger next year due to the stress of war, inflation aftershocks and high interest rates, the Organization for Economic Cooperation and Development said...

In October, the U.S. Consumer Price Index (CPI) rose 3.2% year-on-year. According to the U.S. Department of Labor on the 14th (local time), the consumer price index, an indicator of inflation, rose 3.2% year-on-year as of October. This figure is...

In a turbulent economic landscape marked by geopolitical tensions, Federal Reserve uncertainties, and surging Treasury yields, investors are closely monitoring this week's earnings reports from major tech giants for indications of the stock market's future direction. These multinational corporate behemoths...

In 2021, as the prices of raw materials, including organic cotton, experienced a sharp spike, the family behind White Lotus Home, a sustainable bedding company based in New Jersey, optimistically believed that the 20% to 25% price surges were a...

The U.S. recorded a surprise growth rate in the third quarter. Analysts say that consumers are likely to fall into a recession due to prolonged high-interest rates after the fourth quarter as they opened their wallets. The U.S. Department of...