China's central bank decided to keep its key interest rates the same for the seventh month in a row. This happened even though the country's economy is facing some tough times. The rates for 1-year and 5-year loans stayed at 3% and 3. 5%, respectively. These rates are important because they help set
The economy was a hot topic this week. President Donald Trump gave a big speech about it. He said former President Joe Biden is to blame for high prices. But not everyone agrees. A recent poll shows only 33% of people approve of Trump's handling of the economy. Cartoonists had a field day with this
This week, politics and finance intertwined in some surprising ways. Let's dive in. First up, Donald Trump's bank account got a major boost. His net worth shot up by over half a billion dollars in just one day. This happened because shares of Trump Media & Technology Group, where he owns a big chun
In the heart of Wake Forest, North Carolina, a woman named Donna Clayton has turned her love for crafting into a successful business. She started Falcon Ridge Designs during the COVID-19 pandemic, selling her creations locally before moving online to Etsy. Her journey began with a simple idea: to us
Italy's economic outlook is showing signs of improvement, but there are still hurdles to overcome. The latest data reveals a boost in consumer and business confidence, which is a positive sign for the country's third-largest economy in the euro zone. Consumer confidence has seen a slight uptick, ri
Russia's economy is facing tough times. Inflation is high, the budget deficit is growing, and oil and gas revenues are dropping. But don't expect Putin to stop the war in Ukraine anytime soon. Experts say Russia can keep fighting for years, even with Western sanctions. The Kremlin is managing the e
In a move to stabilize the economy, Russia's central bank lowered its key interest rate to 16%. This decision came as inflation is easing, but the economy is still struggling to grow, partly due to the ongoing military actions in Ukraine. The central bank's announcement coincided with President Vla
Cyprus is making big moves in the banking world. The Bank of Cyprus just got a thumbs up from S&P Global Ratings. They changed the bank's outlook from stable to positive. This means they think the bank is doing well and will keep doing well. The bank is in a good spot because Cyprus' economy is gro
President Donald Trump recently shared his thoughts on healthcare. He said he won't introduce any big new healthcare plans. He believes Obamacare, the Affordable Care Act, will fade away on its own. Why? Because people find it too costly to use. Trump made these comments after Republicans in the Ho
Farmers across the U. S. are in a tough spot. They're dealing with low crop prices, high costs for things like fertilizer, and the fallout from trade wars. The USDA recently announced a $12 billion aid package to help ease the pain. But farmers say it's not enough to fix the problems they're facing.
