Saudi Arabia and the UAE are expected to drive a significant surge in Gulf Cooperation Council (GCC) debt maturities over the next five years, with total regional maturities projected to reach $500 billion, according to a recent analysis by Kamco Invest. The report estimates that Saudi Arabia’s fixed-income maturities will total $174.5 billion between 2026…
A lucky ticket holder in Arkansas has won an estimated $1.8 billion Powerball jackpot, marking the second-largest lottery prize in US history. The winning numbers—4, 25, 31, 52, 59, and the red Powerball 19—were drawn on Monday, bringing excitement and curiosity to the Little Rock suburb of Cabot, home to about 27,000 residents. Sharon Strong,…
The US Federal Reserve has acknowledged that economic inequality in the country has widened in recent years — and some policymakers admit it is not a problem the central bank can easily resolve. During the pandemic, the Fed slashed interest rates to historic lows to protect the economy from collapse. While the move stabilized markets…
US economy growth hits fastest pace in two years The US economy growth accelerated sharply in the third quarter of 2025, expanding at an annualized rate of 4.3%, the Commerce Department reported Tuesday. This represents the fastest pace of growth in two years and is up from 3.8% in the second quarter. Consumer spending, particularly…
