European Hotels Challenge Airbnb's Overtourism Claims

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European Hotels Challenge Airbnb’s Overtourism Claims – Image Credit Unsplash    The issue of overtourism has sparked significant debate across Europe, with cities like Barcelona, Genoa, and Lisbon witnessing protests against the influx of tourists. The question of who bears responsibility for this phenomenon has become a contentious topic, with vacationContinue Reading

Gold closes week above $2,700, US PCE data in Focus

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In: Business & Finance

Gold prices rally 1.50% on Friday, boosted by a decrease in US 10-year Treasury yields to 4.40%. Escalating geopolitical concerns, including potential expansion of the Russia-Ukraine conflict, fuel demand for Bullion’s safe-haven status. US economic data shows mixed signals; Services and Composite PMIs outperform while Manufacturing PMI remains in contraction.Continue Reading