Federal Reserve’s first meeting of 2021: five things to watch
As the Federal Open Market Committee gathers this week for its first meeting of 2021 — and the first since Joe Biden became president — the...
Author : Nelli Avetisyan
Microsoft Stock Jumps After Earnings Crush Wall Street’s Estimate
Microsoft shares are trading higher after the software giant reported better-than-expected quarterly results. The company showed strength across the board, getting a boost in particular...
UK unemployment reaches four-year high in Covid-19 lockdown
Unemployment in the UK has reached the highest level for more than four years as the second wave of the coronavirus pandemic and tougher lockdown...
Small-Investor Surge Shows No Sign of Slowing
The surge of everyday investor trading logged in 2020 is continuing into the new year. Analysts at Piper Sandler noted that off-exchange trading—which includes retail...
Chipmaking is being redesigned. Effects will be far-reaching
The global semiconductor business is becoming at once more diverse and more concentrated. This brings opportunities—and risks. The chipmaking industry is booming. The market capitalisation...
The fifth quarter of 2020
It might be 2021, but it doesn’t feel like a new year in many parts of the world. We haven’t yet turned the page on...
China’s Fintech Revolution
In 2008, Alibaba founder Jack Ma famously declared, “if the banks don’t change, we will change the banks.” His words sparked an entrepreneurial renaissance in China’s fintech industry....
World’s Economic Recovery Delayed by Slow Vaccine Rollouts
The world economy is facing a tougher start to 2021 than expected ascoronavirus infections surge and it takes time to roll outvaccinations.While global growth is...
Have banks now got too much cash?
The fates of the economy and banks are normally closely entwined; whencustomers endure misfortune, loans go unpaid. The summer was markedby a lull in covid-19...
Companies raise $400bn over three weeks in blistering start to 2021
Companies have launched a $400bn fundraising blitz in the first threeweeks of 2021 as the torrent of government and central bank stimulus torescue global economies...