Despite the German economy having left the recession behind, a true upswing is not evident, according to the Bundesbank The German economy is displaying limited momentum during the summer. “In the third quarter of 2023, the German economy is expected to remain…
Amid the scorching heat of summer, the stock market has experienced a cooling effect, with the S&P 500 index retracing 4% of its gains in August alone after a stellar 20% climb from January to July. This dip, often seen as a…
In an era of skyrocketing college expenses, parents are devising innovative strategies to secure their children’s higher education. Recent reports indicate that the average cost of private college tuition and fees surged to nearly $40,000 last year, an amount that could potentially…
A leading construction conglomerate in the country is failing to meet its interest obligations; a collapse of the supply chain and the spread of the crisis to state-owned developers could have catastrophic consequences Last week, households across China went into panic mode…
A quarter of a century ago, the “Economist” labelled Germany as the sick man of Europe. Reunification, a rigid job market, and diminishing export demand put the economy to a tough test and pushed unemployment into double digits. However, reforms in the…
Following the National-Roaming deal between 1&1 and Vodafone, Telefónica Deutschland shares experienced a significant drop in price After JPMorgan withdrew its buy recommendation for Telefónica Deutschland stocks, they are approaching a record low. On Tradegate, they experienced a loss of 1.6 percent,…
As economic uncertainty looms and concerns about a possible recession intensify, The Conference Board, Inc. has conducted a comprehensive study to pinpoint the industries most susceptible to job losses. The research group’s findings shed light on the sectors that might face the…
Europe is increasingly importing cars and machines from China instead of Germany German companies are facing increasingly stronger competition from Chinese rivals in their European home market, as indicated by a study conducted by the Institute of German Economy (IW). Experts predict…
Financial analysts and experts have been ringing the alarm bells, forewarning the possibility of an impending recession in 2023 or 2024. These cautionary forecasts, while evoking anxiety, beg the question: should we truly be bracing for a downturn in the economy? Examining…
After weathering a storm of market uncertainties last year, the stock market has emerged with renewed vigor in 2023. A driving force behind this resurgence is the remarkable ascent of artificial intelligence (AI), propelling select players in the AI space to new…