Navigating Economic Waters: Insights from Fed Leaders on Inflation and Monetary Policy

Nov 21, 2024 05:35 am UTC| Economy Central Banks

Susan M. Collins, President of the Federal Reserve Bank of Boston, recently shared her economic views. She noted that the economy is doing well, with inflation heading towards the 2% target and a strong job market. At an...

We rated the urban forests of 8 global cities – only Singapore passed the 30% canopy test

Nov 20, 2024 23:05 pm UTC| Insights & Views Economy

Can you see three trees from your home, school or workplace? Is there tree canopy cover shading at least 30% of the surrounding neighbourhood? Can you find a park within 300 metres of the building? These three simple...

Why Ghanaian farmers have been unable to capitalise on record cocoa prices

Nov 20, 2024 23:03 pm UTC| Insights & Views Economy

International cocoa prices have experienced a historic price surge, rising by over 300% in the space of 12 months from 2,166 per tonne of cocoa in April 2023 to 9,980 by April 2024. Prices have fallen since then, and are...

Biden Rushes Loan Forgiveness for Ukraine Before Potential Policy Shift

Nov 20, 2024 23:00 pm UTC| Economy Politics

The Biden administration forgave $4.7 billion in loans to Ukraine, State Department spokesman Matthew Miller said. Aimed at bolstering Ukraine against Russia, the move comes as officials expedite aid before leaving office....

Apple Fights Back Against DOJ Monopoly Allegations Amid Rising Big Tech Antitrust Pressure

Nov 20, 2024 22:46 pm UTC| Economy Technology Business

In a pivotal antitrust battle, Apple has requested a U.S. judge dismiss the DOJ lawsuit accusing the iPhone maker of stifling competition in the smartphone market. The case is the latest in ongoing scrutiny of Big Tech...

China’s Pony AI Pursues $4.55 Billion Valuation in Ambitious US IPO to Lead Robotaxi Surge

Nov 20, 2024 22:30 pm UTC| Technology Business Economy

Pony AI, a Chinese self-driving tech pioneer, has set its sights on a $4.55 billion valuation in its upsized US IPO. With backing from Toyota, the firm aims to raise $260 million, reflecting growing momentum in the...

Nvidia Shares Dip as Q4 Forecast Falls Short of Wall Street’s Lofty AI Hype

Nov 20, 2024 22:13 pm UTC| Economy Technology Business

Nvidias Q4 revenue forecast landed slightly above estimates at $37.5 billion, but failed to satisfy high investor expectations, with shares dipping amid supply-chain constraints. Nvidias Modest Forecast Raises Questions...