Economy News

Economy

Microsoft CEO Satya Nadella Advocates for Enhanced Energy Infrastructure in Talks with President Trump

Microsoft CEO Satya Nadella discusses with President Trump the importance of AI and the need for enhanced energy infrastructure. Microsoft also announces a shift in its partnership...

Economy

JPMorgan CEO Jamie Dimon Advocates for Tariffs as a Tool for National Security

JPMorgan Chase & Co CEO Jamie Dimon discusses the role of tariffs in national security, the impact of a strong dollar on the economy, and critiques the US bureaucracy, advocating f...

Economy

US Mortgage Applications See a Slight Increase Amid Falling Interest Rates

Mortgage applications in the US increased by 0.1% as of October 17, with a decrease in the average interest rate for 30-year fixed-rate mortgages to 7.02%. The Purchase and Mortgag...

Economy

Germany's Economy Faces Continued Stagnation in Early 2025, Bundesbank Reports

The Deutsche Bundesbank forecasts continued economic stagnation for Germany in early 2025, with high inflation rates expected to decrease in the coming months, offering some relief...

Economy

Boosting Wages to Two-Thirds of Singapore's Pay Could Lure Malaysian Talent Back Home

Malaysia proposes raising wages to two-thirds of Singapore's levels to address the brain drain of skilled workers. Initiatives include a minimum wage hike and investments in educat...

Economy

ECB's Villeroy Predicts 100 Basis Points Rate Cut by Summer 2025 Amid Inflation Concerns

ECB's Francois Villeroy predicts a 100 basis point rate cut by summer 2025, discusses potential inflationary effects from US policies, and the possibility of decoupling ECB and Fed...

Economy

ECB President Lagarde Open to Significant Rate Cuts Amid Economic Uncertainty

ECB President Christine Lagarde discusses the possibility of significant rate cuts, emphasizing data-driven decisions and the impact of energy prices on future policies. She also t...

Economy

ECB's Lagarde Anticipates Trump's Tariff Moves, Stresses EU Preparedness

ECB President Christine Lagarde discusses the EU's readiness to respond to potential U.S. tariffs on European goods, highlighting the importance of preparedness and monitoring futu...