China’s key growth drivers are showing increasing signs of strain, with the property sector continuing to weigh heavily on the broader economy. This intensifies the need for government intervention to
September has long been recognized as a challenging month for traders, and 2024 could prove even more treacherous due to uncertainties surrounding the Federal Reserve's anticipated interest-rate cuts. Historically, September
A key executive from CrowdStrike Holdings Inc. is set to testify before Congress regarding the company’s significant IT outage in July, which disrupted multiple industries worldwide. Adam Meyers, Senior Vice
Economists now see a clear trajectory for the Bank of Canada, with inflation nearing its target and the economy appearing poised for a soft landing. According to a recent Bloomberg
Stocks climbed on the back of encouraging economic data, reinforcing a "Goldilocks" scenario where the U.S. economy appears resilient enough to sustain growth, yet soft enough to justify the Federal
Alphabet Inc.’s Google announced on Wednesday that it will gradually reintroduce the capability for users to generate images of people using its advanced artificial intelligence models, following a suspension earlier
A leading figure in Turkey’s business community has raised concerns about the significant challenges posed by the central bank’s stringent monetary policies aimed at curbing inflation. Erdal Bahcivan, chairman of
The nearly $3 trillion surge in Nvidia Corp.'s market value over the past two years, fueled by the unveiling of ChatGPT, has significantly reshaped the U.S. stock market. Nvidia, a
Cerebras Systems Inc., an emerging player in the artificial intelligence (AI) computing space, is making bold moves to challenge Nvidia Corp. with the introduction of a groundbreaking new chip. This
Italian Prime Minister Giorgia Meloni and her coalition government are grappling with a significant fiscal challenge: a €12 billion ($13.4 billion) budget shortfall. To bridge this gap, they are considering