As we ushered in the New Year on January 1, 2025, the film industry recorded a remarkable $42.9 million in box office revenue, marking the most successful New Year’s Day since the pandemic. This resurgence is indicative of a broader trend as the film market begins to recover and flourish post-COVID. The performance surpassed last
Art
As we usher in the new year, the financial landscape has taken on new dimensions, showing both promise and caution. The rise in U.S. stock index futures indicates a positive outlook, but there’s more to the story beneath the surface. Investors and analysts alike are grappling with the implications of shifting political dynamics and anticipated
As the year draws to a close, Asian markets are feeling the pressure from a lackluster performance on Wall Street, echoing a sentiment of unease and instability. Particularly on Thursday, stocks across the region showed a decline, highlighting the fragile mood among investors. The absence of significant market activity in many major markets, which were
As we delve into the future, the possibility of unexpected events and shifts in economic dynamics can have profound implications for both markets and policy decisions. Wolfe Research recently identified five potential surprises that could shape the landscape for 2025, ranging from labor strikes to shifts in Federal Reserve leadership. By dissecting these insights, we
The restaurant industry has experienced another tumultuous year, with numerous chains wrestling with declining sales, shifting consumer preferences, and rising operational costs. The repercussions of these challenges have led many establishments to close their doors, forcing a restructuring that reflects the changing dynamics of dining out. This article delves into the factors behind these closures,
In 2024, Macau celebrated a significant increase in its casino revenues, witnessing a remarkable rise of nearly 24% compared to the previous year. This surge brought the total revenue to an impressive 226.8 billion patacas—or approximately $28.35 billion. While this growth might appear encouraging, it starkly contrasts with the pre-pandemic revenue figures of 292.5 billion
In a recent note, Goldman Sachs economists presented their outlook for the U.S. economy in 2025, focusing on a set of pivotal questions that underscore their predictions. Central to this discussion is the projected GDP growth, which Goldman Sachs anticipates will reach 2.4%—exceeding the broader consensus of 2.0%. This optimistic forecast stems from robust domestic
In a remarkable turn of events within the world of global finance, Abu Dhabi’s Mubadala Investment Company has positioned itself as a dominant force among sovereign wealth funds. In 2024, it accounted for approximately 20% of the near $136.1 billion that sovereign wealth funds globally allocated, marking a significant leap in influence and spending. This
The cessation of Russian natural gas exports through Ukrainian pipelines marks a pivotal moment in European energy relations. Effective from January 1, 2025, the expiration of transit agreements paired with the ongoing conflict between Moscow and Kyiv has not only ended a longstanding energy partnership but also dramatically reshaped the landscape of European energy supply
Broadway has long been synonymous with the magic of live theater, and this past holiday season underscored that sentiment in spectacular fashion. The week ending December 29 witnessed a remarkable increase in box office earnings, with the community collectively enjoying the joys of the theater in full swing. However, amid this celebration, a notable anomaly
The political landscape in Israel has become increasingly fraught as Prime Minister Benjamin Netanyahu finds himself navigating a turbulent coalition amid challenges posed not only by external pressures but also by internal dissent. Recently, he took the remarkable step of leaving his hospital bed following prostate surgery to ensure the passage of the vital 2025
The financial markets are always in a state of flux, and midday trading sessions can reveal astute trends, investor sentiments, and potential trading opportunities. Today, we take a closer look at several companies making waves, from tech giants to biopharmaceuticals, each with their unique catalysts and market dynamics. Intel’s stock has experienced a tumultuous journey,
The conclusion of 2024 brings a stark portrait of the housing market: while supply is on the rise, a significant portion of it is stagnant. This scenario has left both sellers and buyers grappling with the implications of longer listing periods and elevated mortgage rates, creating an environment that oscillates between hope and peril for
As 2024 draws to a close, Wall Street finds itself riding a wave of optimism with its key indexes poised to open the last trading session of the year on a positive note. This surge can be largely attributed to a combination of factors, including a post-pandemic economic recovery, expectations for reduced borrowing costs, and