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Investments and Business

Rocket Lab sees strong growth and secures first customer for Neutron launch

Claude Sophia Merlo Lookman

Rocket Lab recently made headlines with the announcement of significant third-quarter results, which led to a surge in its shares in after-hours trading. The space infrastructure company reported a notable…

Investments and Business

The Federal Reserve faces new challenges with Trump's presidency

Claude Sophia Merlo Lookman

In a recent press conference following a meeting of the Federal Open Market Committee, Federal Reserve Chair Jerome Powell answered a series of questions from reporters asking for his views…

Investments and Business

Rivian's quarterly performance fell short of expectations

Claude Sophia Merlo Lookman

Rivian's latest quarterly results reveal performance that fell short of market expectations, as the company reported an adjusted loss per share of 99 cents, compared to the expected loss of…

Investments and Business

Unemployment rates show mixed trends in October

Claude Sophia Merlo Lookman

In October, the unemployment rate for white Americans saw a slight increase, rising to 3.8% from 3.6% the previous month, according to the latest data from the Department of Labor.…

Investments and Business

US homeowners begin to tap into real estate capital as rates change

Claude Sophia Merlo Lookman

An aerial perspective of existing homes alongside new construction in the Chatsworth neighborhood of Los Angeles on September 8, 2023, highlights a significant moment in the real estate market. Recent…

Investments and Business

The Federal Reserve is preparing to adjust interest rates amid political changes

Claude Sophia Merlo Lookman

Federal Reserve Chair Jerome Powell will address the nation following the conclusion of the Federal Open Market Committee (FOMC) meeting, where another interest rate cut is expected. Scheduled for Thursday,…

Investments and Business

China's economic strategy in light of Trump's victory

Claude Sophia Merlo Lookman

The recent election of Donald Trump as president has set the stage for significant implications regarding China's economic policies, particularly regarding the fiscal stimulus measures expected to be announced soon.…

Investments and Business

Wall Street CEOs express skepticism about further Fed rate cuts

Claude Sophia Merlo Lookman

At a recent economic conference in Riyadh, Saudi Arabia, top Wall Street CEOs expressed concern about ongoing inflation in the U.S. economy and questioned whether the Federal Reserve will continue…

Investments and Business

Saudi Arabia's Future Investment Initiative faces new challenges amid regional tensions

Claude Sophia Merlo Lookman

Delegates are gathering at the King Abdulaziz Conference Center in Riyadh, Saudi Arabia, for the eighth iteration of the Future Investment Initiative (FII), a key economic forum central to the…

Investments and Business

Ray Dalio expresses concern about the political divisions and economic challenges of the United States

Claude Sophia Merlo Lookman

Ray Dalio, the founder of Bridgewater Associates, shared his insights on the current state of American politics and economics during his appearance at the Future Investment Initiative in Riyadh, Saudi…