The IRS has just updated the federal tax brackets for 2025. Here’s a breakdown of how much tax you owe based on your taxable income, […]
Category: Finance
IMF 2024 Growth Projections Revealed: U.S. at 2.8%, Brazil 3.0%, Germany 0%, China 4.8%, India 7.0% – What It Means
The International Monetary Fund (IMF) has updated its economic growth forecasts for 2024, raising expectations for the U.S., Brazil, and Britain, while lowering them for […]
DII Investment Surpasses ₹4 Lakh Crore in 2024; October Inflows Reach ₹63,981 Crore Amid ₹67,310 Crore FPI Outflows, with Mutual Funds Investing ₹23,300 Crore in Equities and LIC Committing ₹1.3 Lakh Crore for the Fiscal Year
Domestic institutional investors (DIIs) have aggressively bought shares in the stock market, investing over Rs 4,04,593 crore so far this year, hitting a record milestone […]
China’s Economy Grows 4.6% in Q3 2024: Key Stats on 4.6% GDP Growth, 5.4% Industrial Output, and 10.1% Drop in Property Investment
China’s economy grew at its slowest pace since early 2023 in the third quarter, but consumption and industrial production in September were better than expected. […]
Global Manufacturing PMI Signals Contraction for the Third Month in a Row
In September, the J.P. Morgan Global Manufacturing PMI fell to 48.8, indicating worsening operating conditions for the third consecutive month. This decline was the fastest […]
Goldman Sachs Predicts 3% Annual Return for S&P 500, Down from 13% Over the Last Decade
Goldman Sachs predicts the S&P 500 will see a much lower annual return of just 3% over the next decade, compared to the 13% it […]
Steel Demand Outlook for 2024-2025: Global Demand to Fall by 0.9%, India Projected for 8% Growth While China Faces 3% Decline
The World Steel Association has released an update on the Short Range Outlook (SRO) for steel demand in 2024 and 2025. They predict a 0.9% […]
Bank of America Warns of Growing National Debt Threat: Urges Action and Highlights Gold as a Safe Haven for Economic Stability
Brian Moynihan, CEO of Bank of America, is raising concerns about the U.S. national debt, which has now exceeded $35.7 trillion. This means every American […]
Top 75 Stock Market Terminology Every Investor Should Know
Introduction to Stock Market Terminology In the complex world of finance, understanding stock market terminology is essential for both novice and experienced investors. The stock […]
September Mortgage Purchase Applications Lowest Since 1995
U.S. mortgage applications have decreased by 17.0% over the last week, marking the steepest decline since April 2020. This shows a sharp slowdown in home […]
ECB Lowers Deposit Facility Rate by 25 Basis Points
ECB has reduced the deposit facility rate by 25 basis points. Main interest rate: Now 3.40%, down from 3.65%, as expected. Deposit facility rate: Now […]
September 2024 Survey: 1 in 7 Americans Expect to Miss Debt Payments, Rising to 14.2%—Highest Since April 2020
The Federal Reserve Bank of New York recently released its September 2024 survey, revealing that 1 in 7 American consumers expect to miss a debt […]