In America, 2,000 parents took part in a survey in which 80 percent believe that the role of a parent is more significant and more challenging now than it was years ago, as technology has taken over much of everyday life. The pandemic has made children even more attached to technology. One of the biggest …
Does Technology Addiction Make Children Grow Faster? Read More »
China has presented an extravagant display of high-end military technology at its largest air show. The once-secret technology in China’s arsenal for space exploration and self-propelled commercial aircraft is already out in the public in daylight. The country’s officials placed travel restrictions related to the pandemic in the city. This means that the air show …
On Thursday, the Dow Jones Industrial Average declined as Wall Street looked to close out a rough month. Remarkably, the 30-stock average sank 370 points, or over 1%, after increasing at the opening bell. Meanwhile, the broader S&P 500 dipped 0.5%, while the tech-heavy Nasdaq Composite gained 0.2%. The market witnessed its weakness on the …
Dow Jones fell as Wall Street close out a rough month Read More »
Asia-Pacific shares declined in Friday trade. Remarkably, Japanese markets are among the region’s biggest losers. The Nikkei 225 declined 2.31% in Friday afternoon trade to close at 28,771.07. Meanwhile, the Topix index dropped 2.16% to close the trading day at 1,986.31. According to the Bank of Japan’s quarterly tankan business sentiment survey published Friday, sentiment …
Asian shares fall; Japanese markets are the biggest losers Read More »
The latest news revealed that Goldman Sachs economists have cut their forecast for China’s economic growth in 2021. As we know, the economy faces another growth shock in terms of constraints on energy consumption. Goldman Sachs now anticipates China’s GDP to rise 7.8% in 2021 compared with a year ago. Remarkably, that’s the lowest than …
Goldman Sachs cut their forecast for China’s economic growth Read More »
When considering how to govern the crypto industry, the US should look to China for lessons on how to act. This, according to Katie Haun, a partner at Andreessen Horowitz. Delivering Alpha conference, Haun, a former federal prosecutor who now helps manage Andreessen Horowitz’s crypto investments, said, “This is an opportunity for the United States …
On crypto, the US should do the ‘exact opposite’ of China Read More »
OPEC predicts an unlikely winner in the face of an energy revolution away from hydrocarbons, predicting the cartel will significantly increase its dominance in the global oil market over the next two decades. The Organization of Petroleum Exporting Countries said in its annual report on long-term energy trends that it expects global oil demand to …
Apple is updating its suite of iWork applications. The update includes Pages and Numbers, and Keynote features. According to Apple’s vice president of Worldwide Product Marketing, many customers in the world love Numbers, Keynote, Pages because of their simplicity and powerful features. They allow you to get the most out of the experience with your …
U.S. stocks futures increased on Wednesday as the rapid rise in the 10-year Treasury yield eased. Notably, it led investors to buy some beaten-up tech stocks on the dip. Futures on the Dow Jones Industrial Average surged 200 points or 0.6%. Meanwhile, S&P 500 futures increased 0.7%, while Nasdaq-100 futures recovered by 0.9%. In the …
U.S. stocks futures rose as 10-year Treasury yield dip Read More »
European stocks retreated on September 28 as global investors monitored a rise in U.S. bond yields and Chinese growth concerns. Notably, the pan-European Stoxx 600 declined 1.3% by early afternoon, with tech stocks falling 3.6% to lead losses while oil and gas stocks surged 1.5%. Asian stocks were mostly down in Tuesday trade, as various …
European stocks retreated; U.S. bond yields soar Read More »
Gold prices dipped on Tuesday, pushed down by a stronger dollar. Rising U.S. Treasury yields increased as investors expected additional clues from Federal Reserve officials about the central bank’s monetary policy shift. By 0115 GMT, spot gold was down 0.1 percent to $1,748.01 per ounce, while U.S. gold futures were down 0.3 percent to $1,747.50. …
According to a closely watched business survey, severe shortages of workers and supplies have hardly hit Britain’s economy. Notably, economic growth in the United Kingdom has been dragged down to the weakest levels since COVID-19 pandemic restrictions were eased in March. Remarkably, the latest data from IHS Markit and the Chartered Institute of Procurement and …
The UK economic growth slows to weakest since March Read More »
Gold prices moved up on Monday as continuing fears over the fate of debt-laden property behemoth China Evergrande and its broader implications bolstered the precious metal’s safe-haven appeal. Spot gold increased 0.5 percent to $1,757.79 per ounce by 0127 GMT. The U.S. gold futures were up 0.3 percent at $1,757.30. Asian shares got off to …
The outcome of Germany’s federal election on September 26 looks impossible to predict. Remarkably, one recent survey revealed that a significant number of Germans have not yet decided who to vote for. Last week, a survey by the Allensbach Institute showed that 40% of 1,259 people were still deciding on how they will vote. Moreover, …
Without Merkel, Germans haven’t yet decided who to vote for Read More »
The greenback hovered above a one-week low versus main peers on September 24, as questions remained regarding the fate of property giant China Evergrande Group. The dollar index, which measures the U.S. currency against a basket of six rivals, gained 0.8% to 93.175. On Thursday, the dollar index dropped 0.36% to its lowest point since …
China Evergrande Group and its Impact on U.S. Dollar Read More »
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