News of the day: The main news from global markets - Monday at 7 AM Eastern Time

On May 6, 2024, at 07:15 Eastern Time, stock futures rose slightly amid positive expectations fueled by a not-so-strong employment report, which revived hopes for a possible interest rate cut this year.

How online shopping is saving traditional stores

Retailers are increasingly using their physical sales locations as centers for order fulfillment.

The boom in India is facing a problem: wealth distribution.

To reach a level of economic power similar to that of China, India must urgently address the issue of rising income inequality.

The services sector indicator in China shows a slowdown in growth activity.

A private index tracking China's service sector showed that growth in April was slightly less vigorous, although there are arguments in favor of a recovery in consumption, considering the significant spending during recent holidays.

Why the Federal Reserve is right in its strategy of holding interest rates.

Despite the criticism of Jerome Powell's latest move, James Mackintosh's Streetwise column warns against hasty conclusions.

The economy of Indonesia is steadily growing at the beginning of the year.

The economy of this country showed steady growth in the first quarter due to strong domestic consumption; however, strict monetary policy and weakness in the export sector raise questions about whether such a growth rate can be sustained.

Stock funds fell by 5% in April.

Although this month's pullback has affected the market, its results are still positive for 2024.

The waiting game in the real estate sector is becoming increasingly complicated.

With the fading hopes of interest rate cuts, some borrowers in commercial real estate are looking to sever ties.

Investors have long suffered from the low profitability of European banks, but now the situation has changed.

After many years of stagnation, European banks have managed to clean up their balance sheets, and as a result, stock prices have risen significantly.

“Rocket fuel” for the second shock in China: weak currency and deflation

The combination of stable or falling prices against the backdrop of inflation in other regions and a weakened national currency has provided a strong boost to exports from China.