Biz

These factors collectively contribute to the overall economic development and stability at national and local levels through the influence of start-ups and entrepreneurial ventures. 1. Job Creation: Start-ups generate employment opportunities by hiring skilled individuals, thus contributing to reducing unemployment rates and stimulating local economic growth. 2. Innovation and Productivity: Start-ups introduce innovative products, services, […]

oldman Sachs Research forecasts US mortgage rates in the coming year to be higher than it previously expected. Home prices are also projected to increase even as borrowing costs remain elevated. As interest rates have risen, 30-year mortgage rates are now expected to be 7.6% at the end of 2023, up from the previous estimate

While the rise of renewable energy is expected to cut demand for oil over time, that will not necessarily translate into lower oil prices, according to Daan Struyven, who leads oil research for Goldman Sachs. Uncertainty about the pace of transition away from oil may play a role in keeping prices high. “Over the next