Below are the 10 wealthiest people on the planet, according to the Bloomberg Billionaires Index. Once again, their fortunes were closely correlated to the performance of tech stocks, which rose to fresh records this year despite recession fears, lingering inflation, lofty interest rates and geopolitical turmoil. Tech billionaires saw their wealth grow by 48% or…
As I mentioned, there are several commonly used definitions of a recession. For example, journalists often describe a recession as two consecutive quarters of declines in quarterly real (inflation adjusted) gross domestic product (GDP). The government has also put in place safety nets for people who lose their jobs, in the form of unemployment benefits…
Relatively high increases were recorded for the mining of coal and lignite, for pharmaceutical products, for mining support activities but also for computers and electronical equipment. On the other side of the spectrum the production of chemical products declined https://g-markets.net/ by 6.1 %, the extraction of crude petroleum and natural gas dropped by 6.0 % and the…
By studying how others perceive the future NFP outcomes and identifying patterns from past reports, traders can enhance their ability to navigate market conditions effectively. The Non-Farm Payroll (NFP) report is one of the most influential economic indicators in the forex market. Bureau of Labor Statistics and provides crucial insights into the state of the U.S. labor market. Understanding…
Many of the orders floating around are placed by market makers either from their own firm’s trading accounts or on behalf of their clients, which may often be large financial institutions. These market makers may give online brokers a rebate for routing the market makers’ trades—a practice called “payment for order flow”. Direct access trading…
Sales in the rest of the Asia Pacific region were $10.2 billion, up 7%. Apple and Microsoft have long paid dividends (both yield under 1% now). Meta Platforms surprised Wall Street Thursday by initiating a cash dividend. Apple said it expects gross margin in the quarter in the 46% to 47% range, up a little…
Backd’s goal is to make it quick, easy, and possible for every entrepreneur to get the funding they need when they need it. Backd offers competitive rates, same-day decisions, speedy applications, and flexible terms. In most instances, when someone refers to working capital, they are referencing net working capital (which is what this blog has…
Backd’s goal is to make it quick, easy, and possible for every entrepreneur to get the funding they need when they need it. Backd offers competitive rates, same-day decisions, speedy applications, and flexible terms. In most instances, when someone refers to working capital, they are referencing net working capital (which is what this blog has…
This time zone is the mean solar time located at the Royal Observatory in Greenwich, London. Originally it was the standard for civil time, but it has since been replaced by Coordinated Universal Time. Earth spins at an uneven rate because of its elliptical orbit and the tilt of its axis. Convert between Eastern Standard…
