Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says
Markets need to begin thinking about the structural impact of Donald Trump’s proposed 10% tariff increase, which “shakes up every…
Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025
JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of…
U.S. carries out new strike in Yemen after Biden vows to keep pressure on
The United States carried out an additional strike against Yemen’s Houthi forces on Friday, two officials told Reuters, after President…
Saudi Arabia nearly doubles estimate for the value of its mineral resources
Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during…
U.S. slams ‘meritless’ Israel genocide suit, reigniting tensions with South Africa
South Africa’s genocide accusation against Israel has placed further strain on an already frayed relationship with the U.S. and could…
Top Goldman Sachs analyst says the world is moving into a new super cycle
The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to…
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table
Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about…
China’s Xiaomi unveils its first EV as it looks to compete with Porsche, Tesla
BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete…
A slew of new conflicts could erupt in 2024, analysts say — while the world is watching Gaza and Ukraine
With the eyes of the world on the ongoing wars in Ukraine and Gaza, an unprecedented number of potentially “catastrophic”…
