by EFSD | Oct 31, 2018 | Economic News
Taxi-app service Careem founder sees no funding issue arising from recent events involving Saudi Arabia. The Uber rival is looking to expand its offerings into other internet based services such as food deliveries. Earlier this month the firm announced it had secured...
by EFSD | Oct 30, 2018 | Economic News
A growing market chorus is urging the Fed to reconsider its intention to keep hiking rates, but that’s not likely to happen anytime soon. “They have to portray an image before the financial markets as the adult in the room,” says Deutsche...
by EFSD | Oct 28, 2018 | Economic News
China’s ultra-wealthy are driving the trend, adding two new billionaires per week last year, and growing at a rate almost double that of the Americas and Europe. According to the report, there were just 16 billionaires in China 12 years ago — that number has...
by EFSD | Oct 25, 2018 | Economic News
Brian Cornell sees no change in how Americans are feeling, standing by August remarks about the “consumer environment” being the best he’s ever seen. For the U.S. consumer now, “they’re at work, they’re seeing wages rise, their...
by EFSD | Oct 24, 2018 | Economic News
The primary concern among American CEOs is rising interest rates, says The Conference Board’s Steve Odland. “We’re sitting here with a Goldilocks economy, and nobody wants it to be damaged by the increase in interest rates,” he says. The...
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