HomeGlobal Economic News

Global Economic News

The World’s Biggest Gold Mines

  Gold prices have surged to record highs, driven by geopolitical tensions, economic uncertainty, and ongoing purchases by central banks. This month, the price of gold climbed nearly 60% this year, surpassing the $4,000-per-ounce mark (average closing price from October 1 to 27) before stabilizing...

Spain’s Gas Demand Soars Following Major Blackout

Spain has seen a dramatic increase in gas demand for electricity generation, rising by nearly 37% from January to September. This surge comes as the country turned to more gas-fired power to stabilize the grid after Europe’s most significant blackout in modern history. In late...

Keep exploring

Ranking the Largest Health Insurance Companies That Control Nearly 75% of the Market

Staff Reporter In recent years, the health insurance industry has seen a wave of significant...

Goldman Sachs Releases 2025 Global Economic Predictions

Staff Reporter Goldman Sachs has shared its seven key macroeconomic predictions for 2025, highlighting a...

US Mortgage Rates Hit Highest Level Since Early July, Dampening Demand

Staff Reporter US mortgage rates surged to their highest point in nearly six months during...

Singapore economy grew 4.0% in 2024, advance estimate shows

Singapore’s economy grew 4.0% in 2024, accelerating from 1.1% growth in 2023, preliminary government data showed on Thursday. Gross...

Nvidia’s Market Value Rises by $2 Trillion in 2024

Staff Reporter Nvidia has emerged as the top global gainer in market capitalization for 2024,...

U.S. Credit Card Defaults Hit Highest Level Since 2008 Financial Crisis

Staff Reporter Credit card defaults in the United States have surged to their highest rate...

2025: Will It Be a Year of Hope or Just Another Year of Nope?

Staff Reporter A new graphic from via Visual Capitalist's Marcus Lu highlights the countries most...

Godfather of AI Raises Alarm: 10% to 20% Chance of Humanity’s Extinction in Next 30 Years

Staff Reporter Geoffrey Hinton, the British-Canadian computer scientist widely regarded as the "godfather of AI,"...

Nissan and Honda Plan Merger to Create World’s No. 3 Automaker

Japanese automakers Honda and Nissan have announced plans to work toward a merger that...

Amazon Workers Hit the Pause Button on Packages with Nationwide Strike in the US Amid Holiday Rush

Staff Reporter 'If your package is delayed during the holidays, you can blame Amazon's insatiable...

Survey: Trade Policy Changes Rival Geopolitical Instability as Major Economic Concern

The latest McKinsey Global Survey on economic conditions reveals that anticipated changes in trade...

Analysis: Decline in Labor Force Participation Among US-Born Men Amid Rising Immigration

The Decline of Native-Born American Workers: A Growing Concern Amid Rising Immigration The labor market...

Latest articles

Why Insurance and Investing Should Stay Separate

The pitch sounds enticing: get lifelong insurance protection while building wealth in a single...

Seeking Moral Direction in the Dark

In a church bulletin I once read, there was a piece of advice that...

Investing in a World That’s Tired of Progress

  As we navigate a world that feels increasingly unsteady, it's crucial to consider how...

The World’s Biggest Gold Mines

  Gold prices have surged to record highs, driven by geopolitical tensions, economic uncertainty, and...