Recent articles
Taylor Swift: Time's Person of the Year
Taylor Swift is named Time's Person of the Year for her positive impact on society and monumental musical success. Her influence extends beyond music, inspiring young women worldwide to pursue their dreams fearlessly.
Stocks Set to Rise on Expectations of Fed Rate Cuts
Stocks are expected to rise as investors anticipate multiple interest rate cuts by the Federal Reserve, while monitoring jobs data and market trends. Nvidia's collaboration with the U.S. government benefits its stock, Apple's market cap sur...
IBM Shares Rise on Emerging AI Trend
IBM shares have surged in value, signaling growing interest in the company's role in the emerging AI trend. An analyst has reiterated a 'Buy' rating, and IBM predicts strong results in 2024, driven by revenue growth and advancements in AI a...
Kenya's Central Bank Raises Key Interest Rate
The Central Bank of Kenya has increased its key interest rate from 10.50% to 12.50% in response to persistent inflation and currency depreciation. The rise in interest rate has affected the cost of living for Kenyan citizens. The central ba...
Bitcoin Holds Gains as Stocks Slide
Bitcoin remains stable as stocks decline. Price nears $42,000, signaling potential for further rise. Optimism surrounding ETF approval and macroeconomic outlook contribute to Bitcoin's rally. Momentum and resistance levels suggest continued...
Johnson & Johnson Sets Guidance for 2024 and Beyond
Johnson & Johnson anticipates solid sales growth and adjusted EPS figures for 2024 and the longer term. Despite competition, the company remains optimistic about its future prospects.
U.K. Grocery-Price Inflation Hits Lowest Rate Since July 2022
Grocery-price inflation in the U.K. has reached its lowest rate since July 2022, driven by promotions and own-label products. Lidl and Aldi are the fastest-growing grocers, while Sainsbury's experiences strong growth. Kantar predicts record...
Evolution Mining to Acquire Majority Stake in Northparkes Copper and Gold Mine
Evolution Mining plans to raise $348 million for an 80% stake in the Northparkes copper and gold mine in Australia. The acquisition will support copper production and tap into the increasing demand for the metal.
TotalEnergies Signs Agreement for Largest Wind Energy Project in Kazakhstan
TotalEnergies signs an investment agreement for the Mirny wind energy project in Kazakhstan, aiming to provide low-carbon electricity to over 1 million people and reduce CO2 emissions by 3.5 million tons annually. The project entails constr...
Mortgage Rates and Home Prices
If inflation fears ease and interest rates start to decline, buyers may hold out for still lower rates, which would result in sellers needing to cut their prices to close deals. According to Realtor.com, a real-estate listings website, mort...