When governments subsidize low productivity and penalize high productivity with enormous taxes, the economy suffers. This is ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
European shares climbed to a record high early on, as strong results from Dutch chip equipment maker ASML sent its stock ...
US gross domestic product grew by 2.8% in 2024, compared with just 0.7% in the Eurozone. Plagued by structural weaknesses and high energy costs, Europe is being led by the US in terms of growth, ...
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust ...
The Fed kept rates steady at 4.25%-4.50%, signalling caution amid strong US growth and elevated inflation. Meanwhile, the ECB ...
European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U ...
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