Three threats to worldwide economic expansion

This week, the World Bank highlighted geopolitical tensions and trade disputes as potential threats to the world economy. Global economic growth will remain stable at 2.6% in 2024, according to the World Bank, which increased its earlier forecast from 2.4% growth. However, the organization did stress that the expansion would not be uniform or comparable …

Proposed CFPB Rule to Eliminate Medical Bills from Credit Reports

For fifteen million people, medical bills totaling as much as $49 billion are unfairly dragging down their credit ratings. This rule would rectify the situation. The nation’s capital – Among the many suggested changes announced by the Consumer Financial Protection Bureau (CFPB) regulation is the removal of medical bills from most credit reports; more privacy …

As a result of the financial technology breakdown, the trustee for Synapse has said that $85 million of consumer savings are gone

According to the trustee designated by the court in the Synapse bankruptcy case, there is a gap of $85 million between the amount of money that partner banks of the fintech intermediary Synapse are holding and the amount that depositors are entitled Customers of fintech companies who went through the process of connecting with banks …

Among the most prominent experts on Wall Street, there is a positive prognosis for these three equities

The ongoing discussion on the starting point for the Federal Reserve to begin reducing interest rates continues to have an impact on the attitude of the market The present status of the economy in the United States is being deciphered by investors via the interpretation of significant macroeconomic data, which includes information on the labor …

Singapore will dominate the gold market as the ‘center of gravity’ swings east, predicts World Gold Council

Due to the fact that the “center of gravity” is shifting to the east, the World Gold Council believes that Singapore is well positioned to assume the position of leader in the gold market. In light of the fact that commerce is moving in an easterly direction, Shaokai Fan, who is the Head of Asia-Pacific …

Big Oil has issued a stern warning, stating that peak oil and a significant supply excess are anticipated by the year 2030

The International Energy Agency said in its most recent medium-term market analysis, which was named Oil 2024, that the rise of oil consumption was expected to slow down before reaching its peak at 106 million barrels per day by the year 2030 In addition, the International Energy Agency (IEA) forecasts that the total oil production …

An investment of $274 million has been made in a German company that specializes in the fabrication of chips of the next generation

This investment was made in response to the increased demand for semiconductors in Europe Black Semiconductor, a new company that aims to create semiconductor technology for the future generation, has revealed that it has gathered a total of 254.4 million euros ($274 million), the most of which comes from public investment. The company’s goal is …

In May, consumer prices increased 3.3% over the previous year, marking a slight slowdown in inflation

The month of May sees a slowdown in inflation, with consumer prices increasing by 3.3% compared to the same month last year. Despite the fact that it was 3.3% higher than it was a year ago, the consumer price index remained unchanged in May. Both of these figures were 0.1 percentage points below than what …