“Bank of America Surpasses Expectations with Strong Q1 Earnings and Revenue Growth”
Impressive Q1 Performance Surpasses Wall Street Expectations Bank of America delivered robust first-quarter results, surpassing analysts’ expectations for both profit and revenue. The bank reported a net income of $7.4 billion, an 11% increase compared to the same period last year. This translates
Gold Prices Fall from Near-Record Highs as Mixed US Job Data Alters Fed Rate Cut Expectations
Gold Prices Fall from Near-Record Highs On September 7, 2024, gold prices fell from near-record highs due to mixed US job data, which has created uncertainty about a major interest rate cut by the Federal Reserve. Gold had approached a peak of $2,531
Pakistan’s Foreign Reserves Surge to $9.4 Billion Amid Economic Update
On September 5, 2024, the State Bank of Pakistan reported that the country’s foreign exchange reserves have reached approximately $9.4 billion for the week ending August 30. This marks an increase of $33 million from the previous week. The bank also noted that