World Archives - Page 69 of 321

AI sector to become $1 trln market in 5 years

Artificial intelligence is estimated to grow from a market worth $207.9 bln at present to $1.87 trln by 2030, surging by 788.64% to the end of the decade, according to estimates. The

4th May 2023

Life & Society/Markets/World

Failing Fed makes mistake with 25bp hike

The Federal Reserve has made a mistake by delivering a 25 basis-point interest rate hike amid ongoing financial market turmoil and recession red flags, warned the CEO of a leading financial advisory and

4th May 2023

Markets/World

All eyes on Fed as investors fret about US regional banks

By Craig Erlam The Federal Reserve will announce its latest interest rate decision later Wednesday and investors will be hanging on every word in light of recent banking sector instability. This was

3rd May 2023

Markets/World

Markets eager for Fed hike pause

By Han Tan, Chief Market Analyst at Exinity Group Markets are widely expecting a 25-basis point hike by the Federal Reserve on Wednesday; anything else would be a shocker. What’s less certain

3rd May 2023

Markets/World

Life, critical illness insurance on the rise

Demand for life insurance and critical illness policies is soaring as people see an easing in the cost-of-living crisis, a survey by a leading financial advisory has found. Enquiries among deVere Group

3rd May 2023

Life & Society/Markets/World

Investors cautious ahead of Fed, ECB

By Craig Erlam Investors appear to be treading carefully ahead of some key interest rate announcements this week, most notably the Fed on Wednesday and the ECB a day later. Eurozone inflation

2nd May 2023

Markets/World

Gold breaks above $2000, gives up advance

By Jameel Ahmad, Chief Analyst at CompareBroker.io They say that “if at first you don’t succeed, try, try again” and that has very much been the story of Gold buyers who have

2nd May 2023

Markets/World

‘Too big to fail’ gets bigger, ISM pressure on Fed

By Edward Moya Wall Street is breathing a sigh of relief as the largest US lender, JPMorgan, will acquire First Republic Bank. It is starting to look like a few major banking

2nd May 2023

Markets/World

UK has fastest-growing crypto industry among top five markets

The crypto market is expected to gross $37.8 bln in revenue this year, 105% more than in 2022, and almost half of that value will come from the United States, the world’s

1st May 2023

Markets/World

U.S. first quarter GDP disappoints

By Moody’s Analytics The U.S. economy had perked up in the second half of 2022, with growth averaging near a modestly above trend 3%. However, this came on the heels of declines

30th April 2023

Guests/Markets/World