The China’s economy is the world’s second-largest by nominal GDP and the largest by purchasing power parity (PPP). It is the world’s largest exporter and the second-largest importer of goods. China is also the world’s largest manufacturer and the world’s largest market for many commodities. The Chinese economy has been growing rapidly for decades, and…
March Madness has taken hold of the financial markets as U.S. employers added 311,000 jobs in February, another stronger-than-expected showing for the labor market. However, the four biggest U.S. banks lost $52 billion of market value on Thursday, contributing to a broad rout across financial stocks. Job Creation Surpasses Expectations Despite concerns over the pandemic…
The Dubai real estate sector continues to surge, boosted by wealthy investors and Proptech companies creating a strong foothold in the market. In February 2023, the city recorded AED 16,639,913,116.53 worth of sales transactions for ready and off-plan residential apartments, and AED 3,741,855,828.79 for ready and off-plan villas. The average price per square meter for…
Intel Corporation, the world’s largest chipmaker, has announced a two-thirds cut in its dividend, dropping it to 50 cents a year. The move comes as the company faces mounting pressure to fund its expensive turnaround plan amid concerns over its competitive position and a sinking market for PC sales that still drives the bulk of…
Vint Cerf has been known as one of the fathers of the internet and has been heavily involved in the development of the protocols and technologies that support the internet’s architecture. Therefore, when Cerf speaks, people tend to listen. The rise of artificial intelligence and the potential of conversational AI has caught the attention of…
The stock market saw broad-based gains this week as it continued to recoup losses from the previous weeks. The S&P 500 index saw gains across various sectors, with energy being the biggest gainer in Monday’s trading. Traders were optimistic about the latest read on inflation, as the consumer-price index data released on Tuesday showed a…
During the COVID-19 pandemic, many Americans Retail Investors turned to the stock market, leading to a surge in shares of forgotten companies and the rise of amateur traders. Retail investors, who are collectively the largest holders of US equities, are becoming cautious about investing in the stock market in 2023. Despite a surge in shares…
Investment has been an integral part of human history since ancient times. The concept of investing money for future gains dates back to the ancient civilizations of Mesopotamia, where people invested in crops and livestock. The Romans also had a thriving investment culture, with wealthy citizens investing in real estate and businesses. The economic and…
Monopoly, the board game had changed the Property Ownership to unprecedented level. In 1903, Elizabeth Phillips created The Landlord’s Game, which eventually evolved into the Monopoly game we know today. Phillips was a supporter of the economist Henry George and envisioned a world where land values were the only form of tax. The game aimed…
Bonds are a type of investment that is used by many people to generate income and build their wealth. They are essentially loans that are issued by companies, governments, or other organizations to raise capital for various purposes. The bond market refers to the place where these bonds are bought and sold. In this article,…