June 19 2023 🕓 5 min
Depression vs recession – what is the difference?
It is important to know how recession and depression differ from each other. It is also important to know they are a part of the economy and business cycle.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
December 11 2022 🕓 7 min
Have no fear, Christmas is here!
Christmas is a time for cheer, joy and a quality time spent with your family. Are we letting money ruin what is really important?
December 10 2022 🕓 3 min
European Central Bank (ECB) employees furious over low salary increase
The ECB's staff is angry at the central bank as their wages are increasing disproportionally to the rise in inflation levels.
December 5 2022 🕓 4 min
The German housing is in trouble – what is the root of it?
Higher interest rates are taking a toll on the German economy, specifically on the housing market, which is tumbling. This, however, might only be the start.
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Three biggest financial mistakes to avoid during Christmas
People have several misconceptions about Christmas and personal finances. We narrowed them down into the three most common ones.
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Can we afford Christmas?
Christmas this year will surely bring much awaited cheer as holiday spirit starts returning to pre-Covid levels. But can we afford these festivities?
December 1 2022 🕓 2 min
BMW pursues low carbon future with copper firm Jetti
BMW is preparing for a greener future by investing in a company that helps reduce greenhouse gas, lowering the impact of climate change.
November 30 2022 🕓 3 min
US bond yields rise after a barrage of US data
Bond prices fell again, pushing yields higher as investors await today's Powell speech.
November 28 2022 🕓 4 min
Web3 and the current FIFA World Cup
FIFA brings new games to the World Cup in Qatar from the Web3 space, including Upland, Matchday, Phygtl and AI League.
★ Premium This content is only available for registered users - sign up for free now November 27 2022 🕓 5 min
Rise of internet and social media – what you did not know
More than 4.6 billion people use social media while spending 7 hours a day on the internet on average.
November 26 2022 🕓 3 min
EU requests a swift response to Joe Biden’s green package
Relationship between United States and Europe heats up as resolution of Biden's "buy American" green package is not yet known. Trade war is brewing.
November 24 2022 🕓 4 min
Consumers expected to spend more on Black Friday this year
Sales on Black Friday will probably hit a new record as buying power of the population increased. Growth however is not as high as expected.
November 24 2022 🕓 2 min
Russia to revive car production after 20 years
Russia has started producing the legendary Moskvich cars from the Soviet era. Production is underway at the former Renault factory.