News Portal

Global economic sentiment isn't as positive as it is in the U.S., says…

AlixPartners CEO Simon Freakley joins 'Money Movers' to discuss his expectations around a recession, what Freakley senses as the top CEO concerns, and more.

Global economic slowdown predicted for third straight year: World Bank

The World Bank predicted on Tuesday that the global economy will slow for a third straight year in 2024. Struggling with high global interest rates, inflation and a struggling Chinese economy, the World Bank will grow by just 2.4 percent this year. That would be down from 2.6 percent growth in 2023, 3 percent in 2022 and 6.2 percent in 2021, though that year was bolstered by COVID pandemic recovery. The World Bank projected slower growth for the U.S. as well, reducing from 2.5 percent in 2023 to 1.6 percent in 2024. “Near-term growth will remain weak, leaving many developing countries — especially the poorest — stuck in a trap:…

Sei Price Rose By 220% In December; Will It Remain Profitable?

The Sei (SEI) price is at $0.677 with an intraday gain of 0.17%. Its market capitalization is $1.55 billion, which has decreased by 1.33% in the past 24 hours. The trading volume of SEI is $733 million. The circulating supply is 2,300,000,000 SEI and the maximum and total supply is 10,000,000,000 SEI. The fully diluted market cap is $6,768,355,254. The Sei crypto price has been in a strong bullish trend for some time. The SEI price recorded its all-time high of $1.07 in January 2024. The price has declined by 35% from its all-time high. The price prediction sentiment is bullish with 18 technical indicators giving a bullish signal…

Colorado property management firm to pay $1 million after state probe finds…

A Front Range property management company has agreed to pay about $1 million to the state after illegally billing tenants for standard apartment services like repairs, the Colorado Attorney General’s Office announced Tuesday. Boulder-based Four Star Realty reached the settlement with Attorney General Phil Weiser after an investigation by the Colorado Department of Law exposed multiple instances of the company charging renters for unnecessary work, unrelated damages and other fees not outlined in their leases. The settlement marks the first time the Department of Law has taken action since a went into effect in May 2022 that allowed…

JPMorgan CEO Dimon 'skeptical' of 'Goldilocks' economic scenario

JPMorgan Chase CEO Jamie Dimon said Tuesday that he remains “skeptical” of the “Goldilocks” economic scenario — the coveted soft landing — that financial markets are now largely expecting for the U.S. economy. “I’m a little skeptical in this kind of Goldilocks kind of scenario. I still think the chance of it not being a soft landing are higher than other people,” Dimon said on Fox Business Network’s “Mornings with Maria.” “That’s not terrible,” he continued. “It might be a mild recession or heavy recession.” Financial markets, and even Treasury Secretary Janet Yellen, appear fairly confident that the economy has achieved a soft…