China is in a unique situation when it comes to its transportation network. It has the world's longest high-speed rail system and one of the biggest aviation industries. The government has been investing heavily in high-speed trains, connecting cities in just a few hours. This isn't something privat
China's markets have been on a roller coaster lately, with the government rolling out major stimulus plans. From cutting interest rates to boosting bank cash reserves and supporting stock markets, the Chinese government is going all out. The CSI 300 index, which tracks top stocks, has even jumped by
Asian markets, excluding China, took a dip on Tuesday as investors waited for earnings reports. Japan's Nikkei slid 1. 1%, Australia's S&P/ASX 200 fell 1. 6%, and South Korea's Kospi dipped nearly 1%. Meanwhile, Hong Kong's Hang Seng and Shanghai Composite rose slightly after China's interest rate c
Bitcoin, the most talked-about cryptocurrency, has been through its ups and downs. On April 26th, it was trying to bounce back from a recent crash that saw it drop from its all-time high. So, could Bitcoin really reach $117, 000? Let's dive in and find out. When Bitcoin experienced a significant lo
At the TechLive conference in Laguna Beach, California, Federal Reserve Bank of San Francisco President Mary Daly shared her thoughts on the future of interest rates. Daly believes that the Federal Reserve should keep reducing interest rates to protect the labor market from any further decline. She
Meet Perplexity Finance, an exciting new tool from the fast-growing AI company Perplexity AI. It’s all about simplifying stock market research for beginners. The platform offers a bunch of handy features like real-time stock prices, historical earnings data, and industry comparisons. But how does it
Elon Musk, known for his innovative projects, kicked off a buzz recently with his plan to reward swing state voters with daily $1 million prizes. The goal is to encourage support for the First and Second Amendments. Registered voters in key swing states can sign a petition to win big bucks every day
Banijay Iberia has decided to dive deeper into the world of Spanish sports by launching Banijay Iberia Sports. The new division will be led by Gonzalo Miró, a well-known figure in Spanish TV and radio. This announcement was made at Mipcom on Monday. The goal is to produce original content related to
Not too long ago, experts were ready to declare long-haul low-cost airlines (LHLCCs) a failure. After all, they couldn't match the success of short-haul low-cost carriers. But as the pandemic eased, something unexpected happened. Demand for budget flights surged, and LHLCCs started making profits. H
The United States economy is shifting gears, moving from a period of slow growth and low-interest rates to a phase of faster growth, higher prices, and market volatility. This change means it will cost more to borrow money and savings will yield better returns. Workers might also enjoy higher wages.
