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U.S. Household Wealth Hits Record $163.8 Trillion in Q2, Fueled by Stocks and Real Estate

Sep 13, 2024 16:37 pm UTC| Business Economy

U.S. household wealth soared to a record $163.8 trillion in the second quarter, boosted by robust gains in the stock market and rising real estate values. A $1.8 trillion increase in real estate holdings and $700 billion...

Fed Faces Decision Between 25 or 50 Basis Point Rate Cut Amid Economic Uncertainty

Sep 13, 2024 16:34 pm UTC| Business Economy

The Federal Reserve is grappling with whether to cut interest rates by 25 or 50 basis points in its upcoming meeting, according to The Wall Street Journals Nick Timiraos. Conflicting economic signals, including persistent...

영국 경제, 선거 이후 불확실성 속 두 달 연속 정체

Sep 13, 2024 04:36 am UTC| Economy Politics

영국 경제는 7월에 성장 없이 정체되며 두 달 연속 정체를 기록했다. 영국 통계청(ONS)의 공식 자료에 따르면, 선거 이후 반등에 대한 기대에도 불구하고 7월 경제는 0.5% 성장한 3개월을 마치고도 회복세를 보이지 않았다. 최신 공식...

브라질 경제 성장 가속 속 11주 만에 금리 인상 전망

Sep 13, 2024 02:01 am UTC| Economy

브라질 경제학자들은 다가오는 통화정책 회의에서 금리 인상을 예상하고 있으며, 이는 11주간 지속된 금리 동결 전망을 끝낼 것으로 보인다. 이러한 변화는 2분기 경제 성장이 예상보다 강하게 나타나면서 브라질의 경제 성장 전망이 상향...

Central Banking Series

유럽 주식 1% 상승, 기술주 강세 영향; ECB 회의 주목

Sep 13, 2024 02:00 am UTC| Economy Central Banks

(로이터) - 유럽 주식은 목요일에 1% 상승하며 기술주들의 강세로 지지받았고, 투자자들은 이날 예정된 유럽중앙은행(ECB)의 금리 결정에 주목하고 있다. 금리 인하는 거의 확실시되고 있다. 범유럽 STOXX 600 지수는 1% 상승한...

걸프 지역 여성 1300만명 '실종' 이유, 경제 발목 잡는 원인

Sep 13, 2024 01:58 am UTC| Insights & Views Economy

현대의 석유 부국인 사우디아라비아, 카타르, 아랍에미리트(UAE) 같은 걸프 국가들을 떠올리면 흔히 사치스러운 생활을 생각할 수 있다. 하지만 고층 빌딩과 화려한 대형 쇼핑몰 뒤에는 여성들이 경제적 측면에서 자주 사라지는 심각한...

Metal Supply & Demand Series

닛폰 스틸과 US 스틸, 미 승인을 위한 마지막 노력

Sep 13, 2024 01:50 am UTC| Economy Business

워싱턴 (로이터) - 닛폰 스틸(Nippon Steel) 고위 임원과 U.S. 스틸의 CEO가 닛폰의 149억 달러 규모 U.S. 스틸 인수 제안을 구제하기 위해 수요일에 미국 고위 관리들과 만난다고, 이 사안에 정통한 한 소식통이 전했다. 이번 회의에는...

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Economy

Europe’s AI Data Centre Boom Strengthens Case for Nuclear Power

Europes rapid expansion of AI data centres could increase demand for new nuclear power capacity as technology companies seek reliable, low-carbon electricity, according to J.P. Morgan analysts. European data centre...

South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom

South Koreas excess tax revenue could surpass 50 trillion won ($37 billion) in 2026 as a stronger-than-expected semiconductor cycle boosts corporate earnings and government receipts, Bloomberg reported, citing calculations...

US Stocks Face Jobs, Inflation Test as Fed Rate Hike Bets Rise

U.S. stocks face a crucial test in the coming week as investors await employment and inflation data that could shape expectations for the Federal Reserves next interest rate move. Major indexes remained near record highs...

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

Politics

Iran Holds Firm on Hormuz Reopening Terms Despite Trump Rejection

Iran has refused to ease its conditions for reopening the Strait of Hormuz, saying it is still waiting for a formal U.S. response through mediators despite President Donald Trumps statement that he rejected Tehrans...

Republicans Flood Safe House Races With Cash as Midterm Risks Rise

Republicans are directing fresh campaign money into dozens of U.S. House races once considered safe as internal polling raises concerns about the partys position ahead of the November 3 midterm elections. Since September...

China Says U.S. Shares Responsibility for AI Governance

China and the United States share both the ability and responsibility to guide the development of artificial intelligence, according to commentary published by a social media account linked to Chinese state broadcaster...

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...
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