Finance

Finance

Rising treasury yields hit tech stocks

U.S. government borrowing costs advanced for a sixth week, hurting tech stocks. This is because the investors are betting on rising interest rates, while three-year

Finance

German inflation could stay above 2%

German inflation is likely to accelerate from its already high level. The Bundesbank said in a monthly report, that it will stay above 2% through mid-2022.

Finance

Georgieva defended by Ex-World Bank official

A former World Bank official who prepared reports at the center of a data-rigging scandal defended IMF chief Kristalina Georgieva. Because, the Economist magazine called for her

Finance

Dollar wallows near one week low

The dollar wallowed near its lowest level in a week. This is because, the improved risk sentiment wiped out recent gains amid easing concerns about

Finance

Higher taxes are coming

Taxes in the world’s wealthiest countries are rising. In this unprecedented COVID-era debt surge and according to some investors, even a good thing if it