Economic World

Biden Warns of the Risks of Power Concentration and Oligarchy

In his latest address to the nation, US President Joe Biden expressed his growing concern about the risks posed by the concentration of power...

Growie Opens Doors to U.S. Real Estate Market for Investors of All Levels

Technology has revolutionised the real estate sector, allowing small and medium-sized investors to participate in projects that were previously exclusive to large capitals. Growie...

Nvidia Chip Restrictions Impact U.S. Trade Allies

The United States has announced new restrictions on the sale of advanced artificial intelligence (AI) chips, affecting companies such as Nvidia. These measures seek...

Strong U.S. Job Market Performance in December 2024

December 2024 witnessed a notable boost in job creation in the U.S., with 256,000 new positions filled, outpacing November's adjusted figure of 212,000. This...

The Escalating Wildfires in Los Angeles and Their Economic Toll

The wildfires raging in Los Angeles continue to spread and could generate an estimated $52 billion to $57 billion in economic losses, according to...

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