We won’t let inflation oversmmeased the 2% target too much, fed chief assures
The US economy is temporarily experiencing slightly higher inflation as the economy revives and a lack of supply within some sectors pushes up prices. So Federal Reserve Governor Jerome Powell answered US lawmakers when asked if he was worried about high inflation.
Market Cap of Three Largest Gaming Companies Jumped by 50% in a Year and...
The gaming industry emerged as one of the few winners of the COVID-19 crisis, as more people than ever started playing games and streaming...
Top 500 U.S. companies add $2 trillion in market value amid a pandemic
Data acquired and calculated by Finbold reveals that the top 500 United States public companies' market value grew by $1.99 trillion between December 31, 2020, and...
Saudi Aramco’s Profit Halved in Two Years, Market Cap $210B Below Apple’s
Even before the pandemic, the oil and gas industry was faced with slumping prices. However, with a record collapse in oil demand amid the...
Facebook signs renewable energy contract in India
In India, social network operator Facebook has signed a contract with a renewable energy company. It is the first such treaty in the second-most populous country in the world.
Global Investments into Fintech Companies Plunged by Almost 40% amid Pandemic
The year 2020 was a challenging year for many fintechs. The global slowdown in funding caused by the COVID-19 led to a significant drop...
The automotive industry is struggling with a shortage of chips. Some manufacturers are closing...
The world suffers from a shortage of microchips, which are not only part of computers or mobile phones, but also a key component in...
WeChat Brand Worth $68B, More than Three Major Chinese Banks
As the leading social networking app in China and the fifth most widely used globally, WeChat saw impressive growth amid the COVID-19 pandemic, both...
US inflation is at its highest in 2.5 years. Stocks react with a drop
Prices of goods and services in the United States rose 2.6 percent year-on-year in March. This is the highest annual inflation rate recorded by the US since July 2018. Month-on-month prices rose 0.6 percent, up 0.2 percentage points from February.
Vietnam’s economy will grow fastest from ASEAN countries
The International Monetary Fund quotes Vietnam's economic development. The Stomillion country was already able to post gross domestic product growth of 4.5 per cent in...
