Money

Is the US Economy Heading for a Recession?

Over the past few days, global stock markets have been experiencing significant declines. Trading screens across the US, Asia, and Europe are filled with...

Wall Street Braces for Steep Decline as U.S. Recession Fears Intensify

Wall Street is poised for a significant downturn as U.S. stock index futures plummeted on Monday, with Nasdaq futures falling nearly 4%, as fears...

Dollar Weakens After Fed Meeting, Yen Hits Four-Month High

The US dollar weakened on Wednesday after the Federal Reserve held interest rates steady but signaled a potential rate cut as early as September....

Bank of England Implements First Interest Rate Cut Since 2001 Amid Economic Pressures

In a significant move aimed at addressing economic uncertainties, the Bank of England (BoE) has announced its first interest rate cut since 2001, lowering...

IMF Approves ‘Landmark’ $3.4bn Bailout for Ethiopia as Currency Devalues

The International Monetary Fund (IMF) has approved a significant $3.4 billion (£2.6 billion) bailout for Ethiopia, marking a crucial step in the country's economic...

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