Estimated read time 3 min read

On Friday, the Dow Jones Industrial Average dropped by nearly 300 points, while both the S&P 500 and Nasdaq experienced their second consecutive week of declines

On Friday, stocks declined as investors concluded a volatile week in anticipation of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average fell by [more…]

Estimated read time 2 min read

The European Central Bank increases key interest rates to a record high, suggesting it could be sufficient to address inflation while leaving the door open for possible future hikes

The European Central Bank (ECB) has raised interest rates by a quarter percentage point to a record high, marking its 10th consecutive rate hike, despite [more…]

Estimated read time 2 min read

Alibaba’s stock drops by over 3% as the former CEO’s unexpected departure from the cloud business impacts the company’s shares.

Chinese tech giant Alibaba witnessed a 3.5% decline in its shares on Monday after it made a surprising announcement that outgoing CEO Daniel Zhang would [more…]