JPMorgan Chase and other fund managers are swarming into emerging markets as volatility clouds global financial assets amidst the escalating Israel-Iran conflict, according to a recent Bank of America survey.Emerging markets were hit rather significantly in April after the Trump administration announced unprecedented tariffs on the bloc.However, with the 90-day…
The International Monetary Fund warns that Europe is slipping into stagnation without massive efforts to change the tide. The rising…
Brazil’s Central Bank hiked its benchmark interest rate, the Selic, to 15%, the highest since 2006, suggesting a firm…
A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding…
Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in…
Iran’s economy is barely holding together. In fact, it was collapsing before the war even began.As missile strikes with…
As the US Fed is expected to keep benchmark interest rates unchanged, the US President intensified his long-standing criticism…
The Federal Reserve on Wednesday kept its benchmark interest rate unchanged, holding the target range at 4.25% to 4.5%,…
Shares of cryptofirms Coinbase (COIN) and Circle (CRCL) surged on Wednesday after the US Senate passed the key stablecoin…