Bulgaria to Join the Eurozone in 2026
The European Commission and the European Central Bank (ECB) have approved Bulgaria’s adoption of the euro, with the currency switch set to occur on January 1, 2026. This milestone makes Bulgaria the
US Inflation Shows Minimal Change Amid Tariff Uncertainty
In April, inflation remained largely unchanged as the effects of President Donald Trump’s newly implemented tariffs had yet to show up in consumer prices, according to a report from the U.S. Commerce
Stocks Surge as Trump Wins 2024 Presidential Election
The U.S. stock market experienced a significant surge on Wednesday, reaching record highs as Donald Trump secured victory in the 2024 presidential election. The Dow Jones Industrial Average surged by 1,434 points,
Nobel Prize in Economics-Awarded to Daron Acemoglu,Simon Johnson And James A. Robinson
The 2024 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel has recognized Daron Acemoglu, Simon Johnson, and James A. Robinson for their pioneering research into how societal institutions shape
Fed’s Rate Cut Shakes Markets as Wall Street Stays Steady
In a surprising move, the Federal Reserve implemented a larger-than-expected interest rate cut on Wednesday, a strategy aimed at revitalizing the slowing U.S. economy. The half-percentage point reduction, the first in over