Author: Admin

We are past the halfway mark of the Q2 earnings season, with more than 60% of S&P 500 companies having already reported. With another 27% of the index on deck this week, we will have seen the bulk of Q2 earnings by Friday.While the spotlight has recently been on blockbuster results from the Magnificent Seven, this week’s lineup offers a diverse mix of broad-market leaders. Reports will span legacy operators like Disney, Eli Lilly, and Caterpillar, as well as gig-economy mainstays like Uber, DoorDash, and Airbnb.The Q2 earnings season continues to validate our constructive view on corporate fundamentals. Rather than…

The following is an in-depth analysis of the fintech and wider digital economic development of South Sudan in 2026. In South Sudan, money often moves slowly. It travels through cash payments, informal traders, personal networks and physical journeys between towns. For much of the population, formal banking remains distant-both geographically and institutionally. This makes the country’s fintech story less about convenience and more about access. Digital finance is emerging in an environment where basic financial infrastructure is still limited, trust in institutions remains fragile and economic activity is heavily shaped by conflict, displacement and dependence on oil revenues. South Sudan’s…

(RTTNews) – The Taiwan stock market used a record surge on Friday to end the five-day losing streak in which it had plummeted almost 3,950 points or 9.3 percent. The Taiwan Stock Exchange now sits just above the 41,110-point plateau and it’s expected to add to its winnings on Monday. The global forecast for the Asian markets is positive, with retail and energy stocks expected to lead the way higher. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The TSR finished sharply higher on Friday with record gains,…

Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a three-week losing streak. The S & P 500 gained 1% last week, while the tech-heavy Nasdaq climbed 1.6%. Both avoided three down weeks in a row. For the month, however, performance was more mixed. The Dow edged up 0.32% in July, extending its monthly win streak to four. It was back-to-back monthly losses for the S & P…

July 2026 Measuring Macroeconomic Stars: A Framework with Scarring Effects Manuel Gonzalez-Astudillo, Jean-Philippe Laforte, Antoine Lepetit Abstract: Potential output and the natural rate of unemployment are commonly estimated through trend-cycle decompositions, where they are identified as underlying trends reflecting slow-moving supply factors. In this paper, we extend this framework to accommodate the possibility that cyclical disturbances affect trends endogenously through “scarring” effects. Two major changes occur relative to standard specifications. First, a significant share of business-cycle fluctuations is absorbed by endogenous movements in the trends rather than shifts in the cycle. Second, the estimated cycle–relieved of explaining the…

California governor Gavin Newsom announced that the state’s minimum wage will rise to $17.40 next year, a ay floor set to become the highest of any US state.The pay bump will go into effect starting 1 January, Newsom announced on Friday. The state’s current minimum rate is $16.90. In a news release, Newsom touted the move as a salve for working families amid high living costs and took a jab at the Trump administration.“For years, Donald Trump and Republicans have blocked efforts to raise the federal minimum wage while handing tax breaks to billionaires and big corporations,” Newsom said.The federal…

Goldman Sachs ‘ dealmaking prowess may grab all the glory, but the biggest driver of growth last quarter came from the daily-grind of equities trading. Sure, Goldman and the other top Wall Street banks were able to cash in on all the market volatility lately. Many are even on track for their best year ever when it comes to trading revenue. But Goldman, in particular, has put itself in a position to meet the moment through years of investment and a strategy shift within its Global Banking & Markets group, which includes investment banking, equities, fixed income, currency, and commodities…

ChatGPT AI predicts a multi-year breakout for XRP, with the price prediction extending all the way to the end of 2027. From today’s $1.07, the model lays out a credible bull-case target of $8 to $15, with an extreme, cycle-driven upside above $20 if crypto enters a genuinely euphoric bull market.Full regulatory clarity sits at the top of the catalyst list. Increasing institutional adoption of Ripple Payments is cited alongside the expanding use of the XRP Ledger for real-world asset tokenization, the kind of use that would finally give XRP a function beyond speculation.Broader adoption of RLUSD and potential inflows…

The conglomerate that Warren Buffett built rallied to an eight-month high this week. There could be more gains ahead if they play catch up with the S&P 500.

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxChocolate Finance has appointed Shiv Sharma as its new Chief Business Officer as it targets further growth beyond Singapore.Sharma joined the company in June 2026 and reports to founder and CEO Walter de Oude.He will lead its growth and finance functions, including customer acquisition, strategic partnerships and corporate development.Sharma was previously President and Chief Operating Officer of Stocktwits. He has also held roles at Amazon Web Services (AWS) and Cisco.Shiv SharmaShiv Sharma, Chief Business Officer of Chocolate Finance, said,“Chocolate has already built a strong foundation with clear customer…