OECD Cuts Global Economic Growth Outlook Amid Rising Trade Tariffs and Uncertainty
Global and U.S. Growth Projections Lowered The Organisation for Economic Co-operation and Development (OECD) has revised its economic growth forecasts, predicting a slowdown in both the global economy and the U.S. economy. The new report highlights concerns over rising trade barriers, geopolitical tensions,
Dow Jumps 650+ Points in Market Rebound but Records Worst Week Since 2023
Stock Market Sees a Sharp Recovery The stock market bounced back on Friday, recovering some of the heavy losses from earlier in the week as investors found relief from tariff-related concerns. This was the best trading day of 2025 for both the S&P
Dollar General and Dollar Tree Stocks Surge as Consumers Seek Budget-Friendly Options
Stronger-than-Expected Earnings Drive Dollar General’s Growth Dollar General (DG) shares surged 7% on Thursday after the company exceeded Wall Street’s expectations in its fiscal fourth-quarter earnings report. The discount retailer reported higher-than-expected revenue, earnings per share (EPS), and same-store sales growth, driven by
Stock Market Plunges as Recession Fears Rise; Dow Drops 890 Points, Tech Stocks Tumble
The stock market faced intense selling pressure on Monday as recession concerns grew and Canada retaliated against President Donald Trump’s tariffs. The Dow Jones Industrial Average and other major indexes tumbled, with Palantir Technologies, Nvidia, and Tesla among the biggest losers. Dow Jones
Cracks in the U.S. Economy: How Trump’s Policies Are Impacting Growth and Stability
Economic Challenges on the RiseThe U.S. economy, which has seen nearly five years of steady growth, is now showing signs of strain. Layoffs are increasing, hiring is slowing, consumer confidence is dropping, and inflation is rising. While these issues may have surfaced regardless
India’s Services Sector Booms in February, Driven by Strong Demand and Hiring
India’s Economy Sees Strong Growth India’s services sector witnessed remarkable growth in February, driven by high demand and a positive business outlook. A recent survey revealed a significant rise in hiring and foreign orders, marking a strong recovery from January’s slowdown. GDP Expansion
Dow Plunges 650 Points as Trump’s Tariffs Raise Fears of Economic Slowdown
U.S. stocks faced a steep decline on Monday, erasing more of their post-election gains after President Donald Trump confirmed that new tariffs on Canada and Mexico would take effect within hours. The S&P 500 tumbled 1.8% as Trump declared that there was “no
Nippon Steel Moves Forward with US Steel Acquisition Amid Political and Union Opposition
Nippon Steel remains committed to acquiring US Steel, despite former President Donald Trump’s claim that the Japanese steel giant is only pursuing an investment rather than a full buyout. Trump’s Opposition to the Deal After meeting with Japanese Prime Minister Shigeru Ishiba, Trump
UAE Corporate Tax Filing: Key Steps to Ensure Compliance and Avoid Penalties
Filing your first UAE Corporate Tax (CT) return requires careful preparation, compliance with tax regulations, and accurate financial reporting. To avoid penalties, businesses must ensure they meet all accounting standards and understand the tax implications. 1. Follow IFRS or IFRS for SMEs Businesses
Apple to Invest $500 Billion in US Facilities to Counter China Tariffs
Apple Expands US PresenceApple has announced a massive $500 billion investment to expand its US facilities over the next four years. This move aims to create 20,000 new jobs and reduce dependence on Chinese imports, which are now subject to new US tariffs.