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As German train drivers commenced their longest strike on Wednesday, the economic implications are becoming increasingly concerning. The strike, which is expected to last for six days, is causing significant disruption to both passenger and freight t...

Netflix experienced significant growth in the fourth quarter, surpassing expectations with over 13 million new subscribers, largely driven by international markets. The company's total subscriber count soared to 260.3 million, resulting in a 7%...

The post-ETF euphoria that characterized the crypto world is subsiding. Bitcoin's recent fall continues, sinking to its lowest point since early December. As of Tuesday, the cryptocurrency was hovering around $38,767.10, marking the first instan...

Japanese consumer inflation slowed in December for the second consecutive month, reaching 2.3%. This marked a decrease from the previous month's 2.5% figure, aligning with market expectations. The year-long cooling trend has seen inflation fall...

In 2023, China's economy expanded by 5.2%, aligning with the government's target, despite facing many challenges. The growth, mirroring the same rate in the last quarter compared to the previous year, was described by the National Bureau of Statistic...

In a tumultuous start to the year, shares of airline companies have felt the impact of several concurrent factors. The NYSE Arca Airline Index has plummeted 15%, significantly lagging behind the S&P 500's modest 0.6% decline.Boeing's woes have se...

The International Monetary Fund (IMF) chief, Kristalina Georgieva, warned of the potential risks of artificial intelligence (AI) to job security but emphasized the "tremendous opportunity" it offers to boost global productivity.According to the IMF,...

Boeing's stock experienced a significant drop following a report that cast doubts on the company's ability to clear a new federal safety audit. The concerns come in the wake of a recent incident involving an Alaska Airlines 737 Max 9, where part of t...

Microsoft has reclaimed its position as the most valuable publicly traded company in the world, surpassing Apple, a title it had not held for most of the past decade. At the close of the market on Friday, Microsoft's stock price stood at $388.47...

Bitcoin climbed in frantic trading Thursday after the Securities and Exchange Commission (SEC) conditionally approved the first-ever spot Bitcoin ETFs to trade in the U.S., as expected.The cryptocurrency was last up 1% at $46,289.15. Earlier, it push...

In a groundbreaking decision, the U.S. Securities and Exchange Commission (SEC) has approved the establishment of bitcoin exchange-traded funds (ETFs) in the United States. This move, announced on Wednesday, is expected to revolutionize investor...

Amid a challenging global fintech funding environment, the United Arab Emirates (UAE) emerged strongly, registering a remarkable 92% surge in total investment during 2023. This stands in stark contrast to the global downturn, where fintech investment...

Asia-Pacific markets mostly rose this week, rebounding from a sell-off in the previous session, with the Nikkei 225 hitting a 33-year high on the back of gains in tech stocks. The index scaled an intraday peak of 33,969.17, its highest level since Ma...

The U.S. economy added 216,000 jobs in December 2023, exceeding expectations and bolstering confidence in the economy's path. The figure significantly surpassed market forecasts, which anticipated 170,000 new jobs, as the Bureau of Labor Statistics r...

The stock market's journey in 2024 began with turbulence, wiping away some of the gains achieved during the year-end rally. The S&P 500 index lost 1.4%, while the Nasdaq Composite and the Dow Jones Industrial Average dropped 2.8% and 0.7%, respec...