Business & Market

The world economy is expected to expand just 2.9 percent this year, with U.S. growth halved and trade tensions threatening further damage, the OECD says.

The sharp upward revision follows signs of economic momentum despite headwinds from high interest rates and trade tensions.

More supply increases are scheduled over the coming months as the organization reverses a previous production cut.

The results indicate a silent decoupling is underway, according to an analyst.

Traders will watch JOLTS, ADP, and non-farm payroll data next week to gauge U.S. labor market health.

‘Global demand for Nvidia’s AI infrastructure is incredibly strong,’ said company CEO Jensen Huang.

The agency says it will be neutral on whether retirement plan fiduciaries include cryptocurrency options.

EV demand has surged across the continent, but Tesla has faltered amid controversy over CEO Elon Musk’s public remarks and political engagement.

On May 23, the U.S. president threatened to bring the levies in on June 1, causing most major share indices to drop.

The Chinese automaker’s triumph is temporary, as the Chinese regime is exploiting gaps in EU policy that may be closed soon, an expert said.

The West leads the nation in micro-housing share.

Some analysts believe the recent market recovery is still intact.