Fuel shortages and high prices push adoption of EVs in Africa, led by Ethiopia
Nairobi, KENYA — Use of electric vehicles in Africa is surging, led by Ethiopia, as soaring prices and…
Goldman Sachs warns that AI is raising computer and electricity costs
The artificial intelligence revolution in America is beginning to have an ugly downside: less money in your wallet.…
Shekel hits 33-year-peak, hammering exports, yet policymakers are insistently inactive
Israeli tech exporters and manufacturers are warning of an unfolding economic crisis as the shekel’s rise to a…
Housing Bubble & Bust #1 and #2 as Seen through Employment at Mortgage Lenders and Mortgage Brokers
Nonbank mortgage lenders shed 40% of their jobs this time, and loan brokers 38%. They react to demand,…
Rising paychecks still leave many New Yorkers behind as inflation outpaces income growth
New York (WRGB) — Even as paychecks rose across New York over the past five years, many households…
Germany news: Exports jump higher than expected – DW.com
Germany news: Exports jump higher than expected DW.comGerman Industry Slumped in March on Outbreak of Iran War WSJGermany’s March exports…
Affirm CEO says ‘the American consumer is unbelievably resilient’
Affirm CEO Max Levchin told Jim Cramer the American consumer remains strong, even as concerns about the economy…
Ray Dalio: the ‘heart attack’ of America’s debt crisis is just the beginning of a ‘great turbulence’
Ray Dalio has been warning for years that America’s debt problem could trigger an economic “heart attack.” Now he’s…
Ghana plans $1billion local bond sale to stabilise cocoa sector
The fundraising plan, expected before the next cocoa season starts around August, would be carried out in…
Iran may have a higher tolerance for economic pain—but 100% inflation in just days hits some items
Iran’s regime has so far withstood U.S. and Israeli bombardment, but the economic forces that sparked the most…
Mortgage Rates End Week Slightly Lower
It ended up being a decent round trip for rates this week. Monday kicked things off with a…
S&P 500, Nasdaq post 6th weekly win as chip stocks rally, jobs data boosts sentiment
Nvidia (NVDA), Apple (AAPL), and the Roundhill Magnificent Seven ETF (MAGS) all hit their second intraday record high…