Author name: Steve

Global wealth inequality is becoming more pronounced as the world experiences an uneven economic recovery. While overall global wealth continues to grow, this growth is far from evenly distributed, deepening the divide between the ultra-rich and everyone else. Recent reports reveal that **global personal wealth increased by about 4.6% in 2024**, continuing a steady upward […]

Household net worth has been on an upward trajectory recently, largely fueled by gains in the stock market and rising real estate values. Even though economic uncertainty and market volatility have posed challenges, many households found their overall wealth increasing during the first quarter of 2025. To break it down, household net worth is essentially

The U.S. Treasury yield curve has just steepened for the first time in months, marking a notable shift in the bond market landscape. But what does this mean, and why should anyone outside of Wall Street care? Let’s break it down. At its core, the yield curve is a graph that plots interest rates of

Germany’s unemployment rate has been a hot topic lately, and for good reason. The country is experiencing one of its lowest unemployment levels in decades, marking a significant milestone in its labor market history. Let’s dive into what this means and why it matters. Right now, Germany’s unemployment rate is holding steady at around 6.3%.

Steel prices have been on a rollercoaster lately, but there’s a noticeable rebound happening as construction activity picks up again. After a period of sluggish demand and price dips, the construction sector is showing signs of life, which is breathing new energy into steel markets. For much of early 2025, steel prices—especially for construction-grade materials

France is making a bold move to reshape its energy landscape with a massive green energy investment plan that aims to secure the country’s energy future while tackling climate change head-on. This ambitious strategy revolves around boosting renewable power sources and modernizing infrastructure, all while maintaining a balanced mix that includes nuclear energy. At the

After a challenging half-year stretch, consumer sentiment has finally taken an encouraging turn. The latest data shows a notable rise in the Consumer Sentiment Index, breaking a six-month streak of decline and signaling a shift in how people feel about the economy and their personal financial outlook. This rebound is quite significant. The University of

Brazil’s inflation has recently bounced back, mainly driven by rising food prices, stirring concerns among consumers and policymakers alike. After a period of relative easing, the country is now grappling with inflation rates that are stubbornly above the Central Bank’s target, largely due to the costlier grocery bills hitting households across Brazil. Looking at the

Foreign investment flows into India have recently surged to a five-year high, signaling renewed global confidence in the country’s economic prospects. This uptick is particularly striking given the complex global environment marked by geopolitical tensions and economic uncertainties that have made investors cautious worldwide. In April 2025 alone, India attracted $8.8 billion in foreign direct

Corporate tax receipts have surged to unprecedented heights in the second quarter of 2025, marking a significant milestone for government revenue streams. This spike reflects a combination of factors that are reshaping the fiscal landscape and influencing how businesses contribute to public coffers. At the heart of this record-breaking increase is a notable rise in