Prime Focus

Inflation Cooled Sharply in June as Energy Prices Fell – What It Means for the Global Economy and Fed Rate Cuts

The United States inflation data for June delivered a result that caught markets off guard. The Consumer Price Index rose…

Wall Street Rallies on Cool Inflation Data and Strong Bank Earnings, Signaling a Shift in Global Economy Sentiment

U.S. equity markets closed sharply higher after a combination of softer-than-expected inflation figures and better-than-anticipated earnings from major financial institutions…

Kenya’s Economy Holds Steady in 2024 as Global Turmoil Tests Emerging Markets

Kenya's economy has demonstrated a degree of resilience that few analysts anticipated when the global economic environment began deteriorating sharply…

Buffett Redirects His Fortune Away From the Gates Foundation

Warren Buffett said Tuesday he has stopped donating money to the Gates Foundation, following revelations about interactions between Microsoft co-founder…

The Backlash Against Data Centers Is Turning Into Actual Policy

A growing number of governments, regulators and cities around the world are moving to freeze, restrict or ban new data…

China’s Memory Chip Champion Is About to Become a Public Company

ChangXin Memory Technologies, China's largest maker of DRAM memory chips, expects to raise about 57.9 billion yuan ($8.55 billion) before…

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