The Launch and Rapid Success In a controversial move, U.S. President-elect Donald Trump launched his new cryptocurrency, “Trump.” Despite being newly introduced, the currency achieved rapid success, with its market value reaching $12 billion within hours, according to CoinMarketCap. The project was developed in collaboration with CIC Digital LLC, a subsidiary of the Trump Organization. […]

The S&P 500 index continues to attract increasing attention from investors worldwide as one of the most significant economic indicators reflecting the performance of U.S. markets. Representing approximately 80% of the total market value of U.S. stocks, the index includes the shares of 500 major companies across various sectors. Investing in the S&P 500 is […]

The United States continues to deliver economic performance that surpasses its wealthy peers, despite mounting challenges and increasing competition. According to a recent report by The Economist, the U.S. economy has maintained faster growth rates than other advanced economies over the past three decades, driven by a unique dynamism that combines innovation with supportive policies. […]

Wall Street Declines Amid Investor Caution and Strong Retail Sales Data U.S. stock markets opened lower on Tuesday as investors exercised caution ahead of this week’s Federal Reserve decision on interest rates. The decline came in response to strong retail sales data, indicating sustained consumer demand. The Dow Jones Industrial Average dropped 61 points, or […]

n the summer of 2023, South Africa, a BRICS member, announced the acceptance of six new countries (Saudi Arabia, UAE, Egypt, Argentina, Ethiopia, and Iran) to join the bloc starting January 2024. This expansion is historic, as it includes three major oil-producing nations, potentially weakening the petrodollar, which has underpinned global oil trade since the […]