Finance
-
Discount Decision From Ford After Tesla: The Price of Mustang Mach-E Has Dropped
In response to the intensifying competition in electric cars, Tesla shifted their pricing policy recently. With Elon Musk at its helm, the company decreased prices by thousands of dollars after experiencing a decline in vehicle availability. Recently, the American automaker Ford made headlines with their announcement that the Mustang Mach-E has seen a dramatic price decrease in the US. This reveal follows an increase in this model’s prices back in…
Read More -
Intel ‘s Weakening Benefited AMD Stocks
Intel experienced a huge hit, with their stock dropping by 6.41% to $28.16 on the NASDAQ exchange – at one point, even declining in double digits. This drop is especially concerning when we look back two years ago when Intel was near its all-time high of just under $70 per share. In stark contrast, AMD’s stocks rose 0.32% to $75.40 and have seen an increase of 17% since the start…
Read More -
Google’s New Feature Used Cars To Be Listed!
In the recent past, there have been whispers of Google’s desire to maximize user experience by prioritizing useful and applicable information. True to its word, Google has now made a remarkable update that created a separate tab for used cars — proving its commitment to impeccable service! Here are the specifics… Google Will Create A New Tab For Cars! SearchLab has revealed a new Google update, which is set to…
Read More -
Survive Stock Market and Economic Crises with These Five Tips
The US Federal Reserve has had to step in due to the Ukraine war and coronavirus pandemic, resulting in inflation hitting its highest point of 40 years. Therefore, stock consumption increased. This month, they have implemented a turnaround on interest rates multiple times and initiated tighter monetary policy. Yet this tightrope act must be carefully balanced as higher interest can reduce inflation and slow economic growth, further fuelling recessionary fears…
Read More -
Shared Currency Steps from Russia
While on his African tour, Russia ‘s Foreign Minister Sergey Lavrov addressed the press in Angola with a noteworthy announcement. Russian Foreign Minister Sergei Lavrov highlighted the “increasing need for a shared currency, as discussed within BRICS, with initiatives to create currencies in Latin American and Caribbean countries. As these discussions come closer to fruition, they will certainly be decided on at the end of August when South Africa hosts…
Read More -
Here Are the Expected Growth Rates of Emerging Economies in 2023 and 2024
Morgan Stanley Investment Management confidently declared that emerging markets would be the main victor throughout this decade. This is due to their optimistic outlook for developing countries and comparatively low valuations compared to US equities. Jitania Kandhari, Emerging Markets Research Manager at Morgan Stanley’s Investment Management Unit, expressed enthusiasm about India specifically as she believes its growth rate far surpasses America’s potential. Emerging Aggressive Interest Rates of Central Banks Will…
Read More -
Apple Spent the Most Money on Lobbying
Apple Increases Lobbying Spending Every Year Technology Companies are also Investing in Chip Production According to public statements, Apple was the company that increased its lobbying spending the most compared to other similar competitors in the late year. Although the expenditure for the Cupertino-based company is a record for itself, it is still at a lower level than its competitors. Apple Increases Lobbying Spending Every Year Last year, Apple experienced…
Read More -
Solid Growth is Expected in the American Economy in 2023
After a year of economic turbulence, the American economy sailed into 2023 with positive energy and signs of growth despite inflation, exorbitant interest rates, and mounting worries of an impending recession. According to a FactSet survey, it is estimated that gross domestic product (the most inclusive measure for determining economic output) grew 2.3% annually from October-December – providing hope for what the future holds economically! The Impact of Last Year…
Read More
