Indonesia’s GDP to grow faster than its peers in Southeast Asia
According to the World Bank, Indonesia’s GDP growth will outpace its rivals in Southeast Asia, such as Malaysia, Thailand, Vietnam, the Philippines, Cambodia, Singapore,...
UK economy to outpace Europe, but challenges remain
The IMF expects the UK economy to grow by 1.6% this year, the fastest rate among the major European nations in 2025 and in...
Wealth tax spurs savings and delays retirement, challenging critics’ claims
Some people have proposed taxing the wealthiest people in the United States as a way to reduce the country’s chronic trillion-dollar deficits. This tax...
Giant companies holding back US economy
America’s giant companies are getting too big, say two professors of finance. After businesses grow beyond a certain size, financial concentration slows investments, which...
Spain could enforce 100% property tax on non-EU buyers
Spain is bracing for a steep new property tax on home purchases by foreign citizens from outside the European Union. Prime Minister Pedro Sánchez...
US mortgage rates near 7% as homebuyers edge away
The new year has kicked off with mortgage rates edging even closer to 7%. This shift, noted in recent data from Freddie Mac and...
China’s economy: resilience, growth, and future plans for stability
Manufacturing Activity Sees Steady Growth
China’s economy is showing some positive signs as its manufacturing sector reported growth in December, marking its third consecutive month...
Potential Bitcoin boom in 2025: what you need to know
As Bitcoin continues its upward trajectory, 2025 could become a pivotal year for the world’s best-known cryptocurrency.
Analysts, media experts, investors, and industry leaders predict...
US homelessness increased in 2024, HUD report shows
Homelessness in the United States increased in 2024, according to the US Department of Housing and Urban Development.
A one-night count carried out in January...
Holiday sales grow 3.8% in US – e-commerce strong
US holiday sales – from November 1st to December 24th – grew by 3.8% compared to the same period last year, says Mastercard SpendingPulse.
Strong...