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news-12082024-193512

Macy’s Closures Spark Transformation in Shopping Malls

Macy's recent decision to close a significant number of its stores will have a ripple effect on shopping malls and communities across the United States. The company plans to shutter about 150 of its...
news-12082024-193444

US Stocks Lower as European Markets Close Mixed

US stock markets experienced a downturn as European markets closed with mixed results. In London, as European traders wrapped up their day, stocks in the US turned negative. The S&P index fell by -4.25...
news-12082024-193417

Where to Find Affordable Big Macs: The Big Mac Index Explained

McDonald's, known for its iconic Big Mac, has become a global phenomenon since its early days of strict food preparation and cleanliness rules. In the 1960s, McDonald's stood out from other restaurant chains by...
news-12082024-193333

RBNZ Focus Boosts New Zealand Dollar – Action Forex

The New Zealand dollar has strengthened at the start of the week, with NZD/USD trading at 0.6026 in the North American session, showing a 0.45% increase from previous levels.The Reserve Bank of New Zealand...
news-12082024-132622

Why a Global Recession is Unlikely: Economic Outlook and Trends

A weak jobs report in America has caused concerns about a possible global recession. This news has led to a decrease in stock markets not only in America but also in other countries like...
news-12082024-132557

Navigating XLK Tech Sector ETF Price Levels During Volatility

The XLK Technology Sector ETF has experienced a 6% decline this month due to concerns about the U.S. economy and recent changes in its portfolio. The fund increased its position in Nvidia and decreased...
news-12082024-132526

Analysis of HYB: Saba’s Effective Discount Reduction Strategy

The New America High Income Fund (HYB) is a fixed income closed-end fund that has recently seen a significant one-day price jump of +7% on August 9, 2024. This sudden increase was a result...
news-12082024-132452

Bear Market Warning: David Roche Predicts Market Downturn in 2025

The bronze bear sculpture in front of the Frankfurt Stock Exchange building symbolizes falling stock market prices. David Roche, a seasoned investor, predicts a bear market in 2025 due to several factors. He believes...
news-12082024-132426

UK Inflation Data Week Ahead: Market Expectations and Impact on US Numbers

All eyes are on the upcoming US CPI report this week, but before that, the UK will also release its inflation data. Due to base effects, it is expected that the UK's headline annual...
news-12082024-132358

Chinese Shoppers Shift to Lower Ambitions: Impact and Trends in Consumer Behavior

In China, there is a shift happening in consumer behavior as shoppers are lowering their ambitions when it comes to spending. A slogan on a lemonade from Mixue, a popular drinks-and-ice-cream chain, captures this...