Kategori: Economy

The US Federal Reserve has decided to keep interest rates unchanged, as expected. The Fed's decision means that the interest rate remains between 3.5 percent and 3.75 percent. The statement included The Committee decided to maintain the target range for the federal funds rate at 3.5 percent to 3.75 percent to support the Federal Reserve's…

US markets opened lower as investors await the Federal Reserve's (Fed) interest rate decision. Rising inflationary pressures, tensions with Iran, and the possibility of a hawkish rate decision have increased selling pressure. The Dow Jones index fell 0.14% to 52,674.21 at the opening, while the S&P 500 index lost 0.14% to 7,418.16. The Nasdaq index…

The Social Security Institution (SGK) has determined the procedures and principles for deducting SGK debts from retirement salaries. Accordingly, deductions can be made from the salaries of those with certain debts without the need for enforcement proceedings or consent. While a maximum deduction of 25% is allowed directly from the salary, it has also been…

The Housing Development Administration (TOKİ) is putting 737 plots of land up for sale in 49 provinces through an open auction method. The prices of the plots in provinces such as Antalya, Çanakkale, Samsun, Istanbul, and Izmir start at 315,000 lira. The plot sales will take place on August 12, 13, and 14, 2026, at…

The lowest average salary in Turkey's private sector was found to be in Mardin, with a rate of 16% above the minimum wage, while the highest average salary was in Kocaeli, with a rate of 154% above the minimum wage. SGK expert journalist Ahmet Kıvanç analyzed the salaries by province. As of 2025, the lowest…

The producers who have been waiting for a long time in Giresun have finally received the news they have been waiting for. It has been decided that the hazelnut harvest in Giresun will start on August 8. Giresun Chamber of Agriculture President Nurittin Karan announced in a message on his social media account that the…

Commerzbank has updated its year-end forecasts for precious metal prices. The bank significantly revised its gold price forecast downward, from $4,800 to $4,500 per ounce. As part of its downward revision of year-end precious metal price forecasts, Commerzbank also updated its expectations for other metals. The bank lowered its price forecasts for silver, platinum, and…

The Competition Authority has launched an investigation into the procurements of nuclear medicine services used in public hospitals for cancer diagnosis and treatment. The allegations of 11 companies collaborating to restrict competition will be investigated. The Competition Authority initiated an inquiry to determine whether the rules of competition were violated in the procurement of nuclear…

German luxury car manufacturer Porsche has announced that it will lay off approximately 9,000 employees by 2035 due to the downturn in the Chinese market and difficulties in the transition to electric vehicles. This decision comes after the company's sales in China, once its most profitable market, have plummeted, and its electric vehicle strategy has…

Recent developments in the gold market have led to pressure due to concerns over the Fed's potential interest rate hike and diplomatic traffic between the US and Iran. Gram gold followed a buying-heavy trend parallel to the limited increase in ounce prices yesterday and completed the day with a 0.61% increase to 6,205 lira. Newly…