Economics is the social science that studies how individuals, groups, and societies manage and allocate scarce resources to satisfy their needs and desires. It examines the production, distribution, and consumption of goods and services, as well as the behavior and interactions of economic agents, including consumers, businesses, and governments. Economics is often divided into two main branches: microeconomics, which focuses on individual and business decision-making, and macroeconomics, which looks at economy-wide phenomena such as inflation, unemployment, and economic growth. Overall, economics seeks to understand the mechanisms that drive the economy and the outcomes of various economic policies and decisions.
US stock futures plunged after President Trump announced substantial tariffs, highlighting market anxiety. The Dow futures dropped over 1,100 points, while S&P 500 and Nasdaq 100 futures sank 3.9% and…
The looming implementation of tariffs by President-elect Donald Trump is creating a buzz in the financial world. With investors on high alert, there is growing speculation about the potential ramifications…
Leokadia Głogulska, an influential figure in the field of environmental technology, is at the forefront of developing sustainable urban infrastructure solutions. Her groundbreaking work aims to integrate green technologies into…
China's leading electric vehicle (EV) manufacturer, BYD, has announced a delay in its plans to construct an EV factory in northern Vietnam. The information was disclosed during a recent shareholders'…