The United States is leading in AI innovation, ahead of China and the U.K
The Stanford AI Index shows that the U.S. is the global leader in artificial intelligence
The U.S. economy expanded by 2.8% in Q3 of 2024
In the second quarter of 2024, consumer spending expanded by 3.5% in the American economy
A New Era in Trading: America’s First 24-Hour Stock Exchange Approved
The SEC’s approval of 24 Exchange brings America’s first 24-hour stock market, offering round-the-clock access to equities trading and redefining market norms
Dollar is reinforced against Yen, due to possible interest rate hikes
Uncertainty over the potential rate hikes by the Bank of Japan, the dollar gets stronger against the yen
Despite rate cut doubts and tariff pressures, the dollar sees a rise
The dollar witnessed a sharp rise in spite of uncertainty over the rate cuts and increasing tariff tensions
Mortgage Demand Surges as Rates Drop After Two-Month High
Mortgage demand surged as 30-year fixed rates dropped to 6.86%. Home purchase applications rose 12%, driven by improved inventory and buyer confidence.
Latin America’s Fintech Surge: The Turning Point in 2025
Latin America’s fintech market is rebounding in 2024, with $2.6B raised so far. Improved startup quality and scaling ventures signal a promising 2025 outlook.
Fed’s Inflation Gauge and Market Outlook: Key Highlights of the Week
A holiday-shortened week brings key market events, with the Fed’s inflation gauge, corporate earnings, and Bitcoin’s surge in focus amid economic updates
Declining Treasury yields indicate gaining U.S. economic vagueness
Treasury yields declined as investors looked for U.S. economic conditions, rising concerns over the growth and future rate of interest
Dollar and Bitcoin valuations increase as Trump returns to the presidency
The United States currency dollar remained strong, crossing its last four-month high level against other major currencies on Tuesday’s session. Eventually, Bitcoin has also continued to rise to its new record high. This boost in the market comes after the investors’ increasing optimism and confidence in the newly formed Trump administration about the policies that […]
