2024-11-14
TEMU Challenges Amazon’s E-commerce Dominance
Over a decade ago, Amazon, the behemoth of e-commerce, faced a formidable challenge in China as it grappled with fierce competition from local giants like Taobao and JD.com. Ultimately, in 2019, Amazo...
2024-11-12
Breakfast FM Radio | December 5, 2024
The current landscape of the global markets is quite diverse, showcasing a mix of optimism and caution. Jerome Powell, the Federal Reserve Chair, has expressed a robust outlook for the U.S. economy, s...
2024-11-09
Fed Outlook Divides U.S. Stocks: Tech Rally's Limit?
Last week, the U.S. stock market showed a mixed performance, influenced heavily by the Federal Reserve’s recent decision to maintain interest rates. This marked the seventh consecutive meeting in whic...
2024-11-08
African Economies Impacted by Dollar Dynamics
In recent months, numerous African currencies have faced significant devaluation against the US dollar, leading to an outflow of dollars from these countries. As a result, central bank foreign exchang...
2024-11-01
The US May Suspend Rate Cuts This Month
On a Wednesday, St. Louis Federal Reserve President James Musalem, a voting member of the Federal Open Market Committee (FOMC) for 2025, voiced his considerations regarding current economic conditions...
2024-10-27
US November ISM Misses Expectations Significantly
In the labyrinth of the U.S. economy, the service sector has always played a central role, accounting for a significant proportion of the nation's overall GDP. Recently, however, the service industry ...