Business and Technology
Bank of Japan Holds Rates at 0.5% amid Global Uncertainty
The Bank of Japan (BOJ) held its short-term interest rate at 0.5% in its March 19 meeting. The decision was widely expected, reflecting the central bank’s cautious approach as U.S. trade policies and a slowing Chinese economy weigh on Japan’s outlook.
Op-Ed: Why a semiconductor economy could make Arizona as the next tech hub in America
In the rapidly changing world of digitalization and technology, semiconductors seem to have become the next big thing in tech. Where these microchips for algorithms and digital devices go, is where the money follows.
Op-Ed: Is this the end of Ozempic’s rule?
Ozempic, a semaglutide drug (GLP-1) originally made to treat diabetes, is a word that has grown to become a part of the cultural lexicon.
As Global Luxury Sales Fall, the High-Fashion Industry Grapples
Post COVID-19, the luxury industry has taken hits after hits from multiple angles and aspects. The novelty is wearing off for entry-level consumers which discourages mass purchases, and the purchase power weakening amongst a massive revenue source - Chinese customers - waning economic prospects.
Southwest Airlines, The Bygone Days of Budget Airlines
Southwest Airlines shares jumped 4.7% last week, after board member Rakesh Gangwal made over $100 million in investments in the company between Sept 30th and Oct 1st. This is a rare occasion where Southwest has seen such positive news since the pandemic in 2020.
China’s Auto Boom Faces Global Pushback Amid Economic and Diplomatic Challenges
As part of an initiative to enhance its economic prowess, China is strategizing its auto-exports to grow its global consumer market share and increase the country’s diplomatic influence.
A New Era of Uncertainty?
Analysts believe that what is happening now is a shift in the market narrative. A fear of higher-for-longer interest and bond rates has turned into increasing hope for rate cuts and a gentle economic landing, with low inflation data throwing that shift into overdrive.