by New Momentum | Jun 15, 2023 | News
European Central Bank Raises rates to 22-Year High, Diverging from Fed 📌The European Central Bank (ECB) has announced an increase of 25 basis points for its main interest rate to 4%, diverging from the U.S. Federal Reserve’s decision to pause its own rate hikes... 
by New Momentum | Jun 7, 2023 | News
US Launches Lawsuits Against Coinbase and Binance in Escalating Crypto Crackdown 📌The top US securities regulator, the Securities and Exchange Commission (SEC), has filed two lawsuits against major cryptocurrency platforms Binance and Coinbase, marking a significant... 
by New Momentum | May 31, 2023 | News
Asian stocks slide as China data disappoints, dashing recovery bets 📌 For the past few weeks, the United States has been facing a delicate situation regarding its debt ceiling. As negotiations to raise the U.S. government’s $31.4 trillion debt ceiling reach a... 
by New Momentum | May 24, 2023 | News
Potential US debt ceiling crisis and consequences of a US default 📌 For the past few weeks, the United States has been facing a delicate situation regarding its debt ceiling. As negotiations to raise the U.S. government’s $31.4 trillion debt ceiling reach a... 
by New Momentum | May 17, 2023 | News
Wall Street Ends Lower as Home Depot Outlook and US Retail Sales Disappoint 📌U.S. stock indexes closed lower on Tuesday due to several factors impacting investor sentiment. The Dow Jones Industrial Average declined by 1.01% (336.46 points), the S&P 500 dropped by... 
by New Momentum | May 10, 2023 | News
Ireland considers new sovereign wealth fund for corporate tax revenue 📌 Ireland is considering using its skyrocketing corporate tax receipts to create a new sovereign wealth fund, according to Finance Minister Michael McGrath. The fund would act as a « longer-term...
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