The electric vehicles (EV) market is booming as EV producers have seen a rise in demand in 2023. The auto industry is witnessing an expansion in the global sales of the overall electric car market share of up to one-fifth. China's EV market is progressing as sales have risen since May 2023.

The digital marketing sector is changing daily dynamics and progressing with innovations in working with different businesses and others. The constant growth of this field is leading to a high reach of competition. The market adapts new strategies to follow, from artificial intelligence (AI) to augmented and virtual reality, which helps reach customers better, resulting in more sales. The digital advertising sector is a component of digital marketing. The digital advertising sector also produces revenues by boosting sales in the short term but effectively using data-driven strategies. 

With new technologies, digital advertising creators find different ways to come up with the latest market trends to lure customers with their digital…

Automotive, telecommunication, and industrial equipment markets, among others, influence the semiconductor market industry. Asian countries play a significant role in the semiconductor market share compared to European and American countries. China is the largest consumer of semiconductors. 

Various factors are leading to the growth of the global semiconductor industry, geopolitical and macroeconomic factors being the major ones. According to a recent source, the semiconductors market is expected to generate a revenue of USD 599.80 billion in 2023. Since China is the largest consumer of semiconductors, most of the revenue is expected to come from China in global comparison, up to USD 217.10 billion in 2023. The semiconductor industry is…

As per the United States Bureau of Labor Statistics, Consumer price growth fell to its lowest rate in May 2023 after a long period since March 2021. Many geopolitical and economic reasons led to the increase in inflation rates.  

Annually the price growth rate came down to 4 percent; price growth rose to 0.1 percent month-over-month. According to the U.S. Bureau of Labor Statistics, in the last 12 months, the price index has increased 4 percent before all seasonal adjustments. The data also added that the shelter index is the largest one to contribute to the monthly increase in the price of all the items, followed by the trucks and cars index. The food index reached up to 0.2 percent in May 2023, but the energy index reduced to 3.6 percent…

Google DeepMind's Alpha Zero AI, an artificial intelligence (AI) system, innovated algorithms that translate into C++ standard programming language and assemble data up to three times faster than human-made models in 2023. This new AI model is expected to make computing more efficient and rational. This AI system will use AlphaDev to reinforce using enhanced computer science algorithms.

AlphaDev helps in the faster algorithm for sorting; the users go through this process every day without being aware of it. It helps underpin all activities ranging from online search results to data processing on computers and phones. The best of AlphaDev's algorithm takes 4 to 71 percent less time than human algorithms. According to Nature, the total time…

Due to the slow economic conditions globally, the low-interest rates have led the Federal Reserve to take decisive actions to get hold of inflation. It has been happening since the past 14 months to raise the federal funds' target rate by 500 basis points from March 2022. 

Based on recent surveys, the Fed raised its policy rate by 425 basis points for federal funds. But no other tightening cycle for the hike in interest rates in the last 40 years could come even closer to the current process based on scope and speed. Even long back, when the Fed was battling record-high inflation, the federal funds rate peaked at nearly 20 percent in 1980 or 1981.

At a press conference, the 16th chair of Fed, Jerome Powell, said they had raised the…

After the policies failed in China's property market, the country is working on new measures to support this sector. In non-core neighborhoods of major cities, regulators are reducing the down payment, lowering agent commissions, and inducing relaxations on restrictions for residential purchases under the guidance of the state council. 

The government of China also looks forward to refining and extending some policies laid out in the sweeping 16-point rescue package it rolled out in 2022. Chinese yuan also jumped on news of the potential measures underpinning more than 0.5 percent against the dollar, the largest advance in two months. Commodities like iron ore and copper also extended gains as dollar bonds rose, which are issued by…

The global economy is facing new challenges in 2023 due to various reasons. Without any deviation, this leads to a slowing economy that further checks the market growth. A blooming labor economy enhances sales in the market. 

According to International Monetary Fund (IMF), Some selected economies, which account for 83 percent of world output, and advanced economies like the United States and the United Kingdom, showed growth projections annually for the Gross Domestic Product (GDP) of about 0.5 and 1 percent for 2023. These two countries accounted for 3.2 and 2.3 percent of projections for 2022. For the blooming market and advancing economies like India and China, IMF accounted the annual growth projections in the GDP to be 6.1 and 4.6…

The European Commission (EU), along with the World Health Organization (WHO), have declared together the launch of a landmark digital health alliance in June 2023. With both organizations coming forward, this initiative will help citizens globally. 

Digital health technologies currently are an important part of our daily lives. People using technology to monitor their health significantly uplifts the tech sector in providing well-being to its users by adopting the EU system of digital COVID-19 certification, which will provide a digital system worldwide that will provide a better platform that will safeguard citizens from any occurring or future health diseases and aid mobility rate worldwide. The aim of WHO on Digital health is to…