Today the global marketplace is quickly gaining prominence as a powerful economic force—and a significant factor in many individuals' financial decisions. Whether you're a small business owner, an investor, a millionaire, or a blue-collar worker, it's essential that you understand how the world financial situation will affect you. The New York Stock Exchange's European division can help provide this information. Those who have money invested in corporations with interests overseas need to know how the European monetary system works, as well as how European stocks and bonds are trading.
China is another extremely important player on the world economic stage. The United States currently owes a huge amount of money on loans from China, meaning that America must eventually pay China billions of dollars in principal and interest. Some members of Chinese financial markets now refuse to invest in the United States because of this massive debt.
It's important to keep an eye on the world's resources. Whether these are imports or exports, gold or oil, they all influence how money is exchanged, how much stocks are worth, and how secure the United States' finances will remain. Dow Jones & Co. has its finger on the pulse of the marketplace, showing investors what their money is doing. Of course, stocks are not the only controllers in this game. In fact, taxes often play an even larger role, since they are controlled by the government and influence how much money is left for citizens to spend.
The current economic crisis has caused people to rethink the way the economy works—and many are becoming interested in the recession's global impact. Many businesses have been forced to declare bankruptcy or lay off workers, spreading anger and desperation about the state of the economy to more and more individuals. Companies hesitate to make large capital purchases, and now frequently engage in equipment leasing as an alternative. These shifts have produced new challenges for everyone involved in the global economy—not just for the United States. It's important to find readily accessible sources of information on the new global economy, in order to make educated choices about investments and other financial decisions. Keeping informed about the latest business news is absolutely necessary to ensure that your money is protected during these uncertain times.