ACCRA (Reuters) – The International Monetary Fund (IMF) said on Thursday that Ghana’s economy is showing signs of stabilization, with softening inflation, an increase in international reserves and a less volatile exchange rate. The IMF statement was issued at the end of a week-long visit to the country as part…

Markets estimate that the U.S. Federal Reserve is on course to hike interest rates by 0.25-percentage-points after its next two-day meeting on July 26. There is more economic data to come before then. However, the Fed’s own economic projections paired with recent comments by Fed Chair Jerome Powell and the…

Norfolk Southern stock (NYSE: NSC) currently trades at $223 per share, around 25% below its level of $298 on Jan 2, 2022 (pre-inflation shock high), and it seems like it has little room for growth. NSC saw its stock trading at around $227 at the end of June 2022, just…

“Man cave (noun): a room or space (as in a basement) designed according to the taste of the man of the house to be used as his personal area for hobbies and leisure activities,” explains MerriamWebster.com. Teddy Roosevelt had one filled with hunting trophies. Winston Churchill’s was an art studio…

Americans picked up their spending at retail stores in May as inflation showed welcome signs of slowing down.  Retail sales, a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, rose 0.3% in May, the Commerce Department said Thursday. That is slightly…

Dyson is known for its consumer gadgets such as vacuum cleaners, hair styling products and air purifiers, but it is now breaking into a new generation of products.Recently launched devices like its 360 Vis Nav robot vacuum boast “intelligent” features, which require more software development — and the company has…

BEIJING — U.S. Secretary of State Antony Blinken said Monday he failed to revive military-to-military talks with China, despite earlier hopes of reopening that communication channel.Blinken’s trip to Beijing over the last two days — the secretary’s first under the Biden administration — marked a resumption of high-level U.S.-China government…

China’s central bank has cut its main benchmark lending rates for the first time in 10 months, in its latest effort to bolster growth as the world’s second largest economy falters. The rate cuts come as Wall Street banks, including Goldman Sachs, slash their forecasts for China’s economy. Goldman said…

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