Oil Prices Sink During Global Economic Uncertainty
Oil prices dropped by 4% in one day on September 4th, a nine month low. Oil production had dropped from nearly 959,000 barrels per day on August 26th to around 591,000 barrels per day as of...
Spotlighting Student Journalism Globally
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Market Skepticism and What it Means for Nvidia Stocks
Nvidia is inarguably one of the most dominant companies in the world right now, making up 30% of the S&P500’s revenues from the start of this year through June, and taking up 90% of the market...
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Russo-Ukrainian War and its Effect on Both Economies
If you visit Ukraine amidst its current tragic circumstances, you may be struck by a sense of normalcy in areas away from the front lines. Many shops, schools, restaurants, and other facilities remain open and fully...
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Gold Price Hits A New Record; Bars Now Worth $1 Million
Soaring gold prices have sent the cost of a single bar to a colossal new milestone: $1 million. The price of gold is currently at record levels, with spot gold prices having eclipsed the $2,500 per...
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The Unseen Crisis of Youth Unemployment in South Africa
Apartheid was a tragic point in South Africa’s history. Although it happened over 30 years ago, remnants of that ideology can still be felt in the country’s economic and political structures. This system of institutionalized racial...
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“Black Monday” on Wall Street: Market Fluctuations or Signs of a Systemic Crisis?
On Monday, Aug. 5, 2024, Wall Street experienced a dramatic plunge, reminiscent of the infamous stock market crash on Oct. 19, 1987. Dubbed “Black Monday,” the day saw the S&P 500 fall by 3%, the Nasdaq...
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Kamala Harris’ Economic Plan and its Repercussions
Kamala Harris was recently elected to be the Democratic party’s main presidential candidate ever since Biden dropped out of the race last July. Kamala Harris’s economic plan, delivered on August 16th, will aim at creating more...
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Inflation cooling down in the U.S: The calm after the storm
Consumer prices have been steady, but July data on U.S. inflation shows surprisingly lowering rates despite the previously high readings that would’ve originally suggested otherwise. This report is also good news as it can support the...
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What’s been going on with the US economy?
On August 5th, the S&P 500 posted its worst day since 2022. The Dow Jones Industrial average had dropped 2.6%, the Nasdaq dropped 3.43%, and the S&P 500 dropped 3% These unprecedented numbers had come as...
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Civil unrest in Kenya: What to Know
Throughout the past few months, many massive protests have erupted throughout Kenya because young Kenyans want to take action against the government’s new tax hikes. Many have mobilized to spread this information through social media platforms...
