America's Labour Shortage And Its Impact
In the wake of a pandemic that shook the global economy, the United States faces a paradoxical situation where job openings abound, but there aren't enough workers to fill them.
Go Deeper (5 min read)July 2023 - Commentary
Inflation's grip on the American economy appears to be loosening after more than two years of relentless pressure.
Go Deeper (3 min read)Corporate Debt Starts To Bite
The mounting threat of corporate debt defaults has long been downplayed by resilient credit markets, but the situation is taking a concerning turn as more companies face downgrades to junk credit ratings, leading to higher borrowing costs.
Go Deeper (3 min read)U.S.-Dollar Falls
The dollar has witnessed a significant decline of nearly 13% against a basket of currencies since reaching a two-decade high last year, reaching its lowest point in 15 months.
Go Deeper (3 min read)Inflation Is Getting Under Control
According to the latest report from the Labor Department on Wednesday, consumer prices in June rose by a mere 3% compared to the previous year - the smallest annual increase since March 2021.
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Eurozone Activity Slows
Preliminary data released on Friday indicates a slowdown in business activity growth in Europe, suggesting a challenging end to the second quarter.
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Softbank To Charge Ahead
SoftBank Group's chairman and CEO, Masayoshi Son, announced on Wednesday that the Japanese investment firm is preparing to transition from a defensive stance to an offensive strategy,
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Warming U.S. - China Relations
Secretary of State Antony Blinken engaged in discussions with China's top diplomat Wang Yi in an effort to prevent escalating tensions between the two rival powers from spiraling into conflict.
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India's Bright Spot
India's economic growth is shining brightly as its outsourcing sector thrives and an increasing number of tech companies move their manufacturing operations to the country.
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Oil Price Are Under Pressure
Goldman Sachs analysts have made a significant downward revision to their oil price forecast, citing increasing supply and sluggish demand for crude.
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Travel Is Still Up Despite Recession Fears
Persistent inflation and higher interest rates have put a strain on many households, causing consumers to be cautious about certain expenses like home improvement projects and apparel.
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