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Tesla’s decline in Europe: political controversy hits sales
9 hours ago · The company lost market share in January, falling from 14 to four percent, a clear indication that the political engagement of the Tesla owner is not liked by a large part of the German population, which could be a signal that the right-wing AfD will not have the expected success in the elections to be held on February 23.
US aid suspension spares key programs, but global health faces …
3 days ago · "Revising and realigning foreign aid on behalf of hardworking taxpayers is not only the right thing to do, it's a moral imperative," Rubio said.Programs such as emergency food aid to Sudan, military donations to Israel and Egypt, as well as other key initiatives, are exempt from the current suspension.
Wall Street surge powers JPMorgan to record-breaking 2024 results
Jan 16, 2025 · JPMorgan Chase & Co.'s annual profit hit a record high on a strong fourth-quarter market. JPM earned $14 billion in the period, the most in its history and the most by any U.S. savings institution. The company's annual profit of $58B was driven largely by a surge in its Wall Street operations as ...
Canada advances toward conservative government in 2025
Dec 23, 2024 · And there are also these 'strange' attempts on the part of the US to “flex its muscles” while it enjoys economic primacy. To have President- elect Donald Trump suggest that Canada should become the 51st US state, and then say that he would also like to reassert US control over the Canal in Panama, and then hint that he would like to purchase Greenland from Denmark — which would be the ...
US 4Q GDP shows steady growth amid uncertainty
6 days ago · The first estimate of 4Q real GDP came in at +2.3% annualized, a figure below consensus and the FRB Atlanta estimate. Real final domestic demand was stronger at +3.1%, as solid consumer spending and government activity helped offset headwinds in fixed business investment and inventory building.
Global economic slowdown impacts markets and investment
Jul 25, 2024 · Background of the crisis. The deficit widened instead of narrowing, and Brazil's debt-to-GDP ratio rose again. In particular, the carefully monitored and targeted primary deficit (as a share of GDP) moved away from the fiscal framework target of -0.25% for 2024.
Five key macro trends to watch in 2025 - financial-world.org
Nov 24, 2024 · Analysts believe that 3i's (Inflation, Inequalities and Immigration) were the principal culprit in political revolutions that over the last 15 months have either swept from power or meaningfully weakend almost all incumbent governments (e.g. US, UK, France, Germany, the Netherlands, Austria, Italy, Poland, Japan, and India).
Generational wealth gap widens as millennials lag behind
Aug 30, 2024 · Meanwhile, households in the 0.1% to 1% range have lost some ground, with their share dropping from 18% pre-COVID to below 17%. Similarly, those in the top 1% to 10% have also seen a decline, holding about 37% of national wealth, down from 40% before the pandemic.
Traders analyze December employment report for direction
Jan 10, 2025 · As for the rest of the day, traders will turn their focus to the US employment report for December. The report is gaining some prominence because recent comments from Fed officials have offered a mix of opinions regarding the outlook for inflation and policy rates, which has left traders looking for direction in the data, again.