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U.S. Household Wealth Hits Record $163.8 Trillion in Q2, Fueled by Stocks and Real Estate

Sep 13, 2024 16:37 pm UTC| Business Economy

U.S. household wealth soared to a record $163.8 trillion in the second quarter, boosted by robust gains in the stock market and rising real estate values. A $1.8 trillion increase in real estate holdings and $700 billion...

Fed Faces Decision Between 25 or 50 Basis Point Rate Cut Amid Economic Uncertainty

Sep 13, 2024 16:34 pm UTC| Business Economy

The Federal Reserve is grappling with whether to cut interest rates by 25 or 50 basis points in its upcoming meeting, according to The Wall Street Journals Nick Timiraos. Conflicting economic signals, including persistent...

영국 경제, 선거 이후 불확실성 속 두 달 연속 정체

Sep 13, 2024 04:36 am UTC| Economy Politics

영국 경제는 7월에 성장 없이 정체되며 두 달 연속 정체를 기록했다. 영국 통계청(ONS)의 공식 자료에 따르면, 선거 이후 반등에 대한 기대에도 불구하고 7월 경제는 0.5% 성장한 3개월을 마치고도 회복세를 보이지 않았다. 최신 공식...

브라질 경제 성장 가속 속 11주 만에 금리 인상 전망

Sep 13, 2024 02:01 am UTC| Economy

브라질 경제학자들은 다가오는 통화정책 회의에서 금리 인상을 예상하고 있으며, 이는 11주간 지속된 금리 동결 전망을 끝낼 것으로 보인다. 이러한 변화는 2분기 경제 성장이 예상보다 강하게 나타나면서 브라질의 경제 성장 전망이 상향...

Central Banking Series

유럽 주식 1% 상승, 기술주 강세 영향; ECB 회의 주목

Sep 13, 2024 02:00 am UTC| Economy Central Banks

(로이터) - 유럽 주식은 목요일에 1% 상승하며 기술주들의 강세로 지지받았고, 투자자들은 이날 예정된 유럽중앙은행(ECB)의 금리 결정에 주목하고 있다. 금리 인하는 거의 확실시되고 있다. 범유럽 STOXX 600 지수는 1% 상승한...

걸프 지역 여성 1300만명 '실종' 이유, 경제 발목 잡는 원인

Sep 13, 2024 01:58 am UTC| Insights & Views Economy

현대의 석유 부국인 사우디아라비아, 카타르, 아랍에미리트(UAE) 같은 걸프 국가들을 떠올리면 흔히 사치스러운 생활을 생각할 수 있다. 하지만 고층 빌딩과 화려한 대형 쇼핑몰 뒤에는 여성들이 경제적 측면에서 자주 사라지는 심각한...

Metal Supply & Demand Series

닛폰 스틸과 US 스틸, 미 승인을 위한 마지막 노력

Sep 13, 2024 01:50 am UTC| Economy Business

워싱턴 (로이터) - 닛폰 스틸(Nippon Steel) 고위 임원과 U.S. 스틸의 CEO가 닛폰의 149억 달러 규모 U.S. 스틸 인수 제안을 구제하기 위해 수요일에 미국 고위 관리들과 만난다고, 이 사안에 정통한 한 소식통이 전했다. 이번 회의에는...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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