The global economy, currently shook by raised inflation, is presently facing another geopolitical crisis in the Middle East after the surprise assault of Hamas on Israel and subsequent declaration of battle by the last option. On Saturday, Palestinian militants fired more than 5,000 rockets from the Gaza Strip toward Israel, killing no less than 700 […]
Israel-Palestine War: Impact on global economy Read More »
The COVID-19 pandemic caused a major disruption in America’s labor force — something many have alluded to as ‘The Great Resignation.’ In 2022, more than 50 million workers quit their jobs, following the 47.8 million who did so in 2021. In 2023, this pattern gradually subsided, with 30.5 million workers resigning as of August. A
Understanding America’s Labor Shortage: The Most Impacted Industries Read More »
Generative AI (Gen AI) is a sort of man-made brainpower intended to generate new satisfied without human intervention, like text, pictures, and even music. This innovation utilizes complex algorithms and machine learning models to memorize examples and rules from existing data and generate new happy comparative in style and design. Generating new satisfied in view
Generative AI and Its Economic Impact: What You Need to Know Read More »
Shantanu Mukherjee (L), director of the Economic Analysis and Strategy Division of the UN Branch of Economic and Social Affairs, talks at the launch of the UN World Economic Circumstance and Possibilities 2024 report at the UN Base camp in New York, on Jan. 4, 2024. Global economic growth is projected to dial back from an
UN report predicts more slow global economic growth for 2024 Read More »
In 2024, the global economy is expected to enroll slowing growth for the second sequential year. This is fundamentally because of the dampening impact of exorbitant interest rates in most significant economies globally, as well as weakening growth in China, the world’s second biggest economy. However, this comes after global growth reliably beat expectations in
Global Economic Outlook 2024: Navigating Trends Ahead Read More »
If one were to rank the greatest drivers of stock market performance in 2023, mega-cap dominance and the missing downturn would almost certainly be atop the rundown. The Magnificent Seven (“Mag 7”) stocks – AmazonAMZN – 0.2%, AppleAAPL – 0.8%, Alphabet, Meta, MicrosoftMSFT – 0.6%, Nvidia, and TeslaTSLA – 0.2% – gave the heft of
2024 Outlook On The Economy And Global Markets Read More »
