On June 6th, President Donald Trump made a surprise visit to the Federal Reserve headquarters renovation site in Washington, D.C., donning a hard hat and touring two key buildings—Marriner S. Eccles and the East Building—accompanied by Fed Chair Jerome Powell. The visit comes amid intense public scrutiny over the hefty $2.5 billion renovation project, scheduled for completion in 2027.

U.S. stock markets surged on Monday (August 5), with investors cheering positive economic data and signs of steady interest rates from the Federal Reserve. The S&P 500 marked yet another all-time closing high, reflecting renewed confidence in the resilience of the world’s largest economy.

As artificial intelligence (AI) continues its meteoric rise, data centers have emerged as the unexpected epicenter of a new investment wave on Wall Street. Major private equity firms such as Blackstone, KKR, BlackRock, and Blue Owl are pouring hundreds of billions of dollars into this critical — yet traditionally overlooked — infrastructure.

Federal Reserve leaders are becoming increasingly cautious as new U.S. tariff policies under President Donald Trump raise concerns about a potential resurgence in inflation. The Fed has sent strong signals that it intends to keep interest rates unchanged, as price pressures begin to intensify.

Despite escalating U.S. export restrictions, Huawei Technologies achieved robust growth in 2024, with its intelligent automotive and consumer electronics segments leading the charge. However, the company’s net profit declined as it ramped up strategic investments in research and development aimed at building a future-ready technology ecosystem.

04/11/2024 This week, global markets are once again holding their breath as the U.S. Federal Reserve (Fed) prepares for a closely watched policy meeting. All eyes are on the central bank as it’s widely expected to cut interest rates by 0.25 percentage points — a seemingly modest move, but one that could signal a broader shift toward monetary easing as inflation continues to edge closer to the Fed’s 2% target.

Europe’s economy is navigating turbulent waters as it grapples with surging inflation and a growing risk of technical recession. Amid ongoing geopolitical tensions and global supply chain disruptions, the region finds itself facing some of the most complex macroeconomic challenges in recent years.

TotalEnergies EP Gabon reported solid financial results for the first quarter of 2024, posting a net profit of USD 25 million — up 14% year-over-year. Operating cash flow surged to USD 95 million, marking a 64% increase, while revenue climbed 14% to USD 120 million. The growth was fueled by higher average selling prices, increased sales volumes, and enhanced crude oil quality.