Facing economic uncertainties in China, Fidelity International has decided to downsize the workforce at its China fund division by 16%, letting go of 20 employees from its 120-member team. This move comes amidst market volatility that continues to affect operations within the world's
The COVID-19 pandemic has magnified global inequalities, bringing into sharp focus the divide between the affluent and the less fortunate. What began as a health crisis quickly rippled out into an economic and social catastrophe, underscoring the gulf that separates different societal strata. The
In 2023, the U.S. faced a banking crisis, with the collapse of Silicon Valley Bank (SVB) and three other mid-sized banks capturing national attention. Although government interventions stabilized the initial turmoil, leading economists, including Viral V. Acharya and Raghuram Rajan, raised concerns
Evaluating the Current Economic Landscape The United States economy, negotiating a tightrope walk between growth and inflation, finds its monetary policy at a critical inflection point under the watchful gaze of the U.S. Federal Reserve. With inflation rates persistently breezing past the
Sure, here's how the content would be formatted with appropriate header tags: In recent times, the single-family housing market's pulse has been measured keenly through the NAHB/Wells Fargo Housing Market Index (HMI). This index, based on the opinions of prominent home builders, gauges
The US economy is a constantly changing entity, shaped by forces like inflation, consumer spending patterns, and the general public's economic confidence. These factors together sketch the broader economic scenario that's both complex and impactful. Exchange-Traded Funds (ETFs) such as
