The European Union has announced a plan to remove tariffs on U.S. industrial goods, starting August 21, 2025. This move signifies an intention to enhance economic ties with […]
Norway’s Economic Strength Drives Down EUR/NOK
The Norwegian Krone (NOK) is expected to strengthen against the Euro (EUR), fueled by Norway’s resilient economy amidst global economic challenges. This downtrend in the EUR/NOK currency pair […]
New Policies Impact Local Businesses: What You Need to Know
**Understanding the New Policy Changes & Their Potential Impact** Over 1,000 local businesses across the nation are facing significant changes as new policies roll out. These policy adjustments […]
Fed Rate Cut Debate: Why Economists Think It’s Time
The possibility of a Federal Reserve rate cut is sparking intense discussion among economists, investors, and everyday consumers. Kevin Hassett, former White House economic advisor, has weighed in […]
ECB: US-EU Trade Deal to Weigh On Growth, Uncertainty Remains
Christine Lagarde, President of the European Central Bank (ECB), stated that the recent trade deal with the U.S. is expected to have a dampening effect on economic growth […]
Fed Policy Tightening: Balance Sheet No Longer Fueling Economic Growth
Jefferies strategist David Zervos asserts that the Federal Reserve’s current policy stance has neutralized the role of its balance sheet as an economic driver. The Fed’s balance sheet, […]
Bowman Pushes for 2025 Rate Cuts to Combat Weak Job Market
Amidst mounting pressure to lower interest rates due to a weakening U.S. job market, Federal Reserve Governor Michelle Bowman has called for three rate cuts in 2025. She […]
Fed’s Bowman Calls for Three Rate Cuts This Year Amid Labor Market Concerns
Michelle Bowman, Vice Chair for Supervision at the Federal Reserve, has urged for three interest rate cuts this year, citing recent labor market data that she believes signals […]
World Bank Warns of Slower Global Growth due to Tariffs and Trade Disruption
The World Bank has issued a concerning report warning that tariffs implemented by the U.S. are significantly impacting global economic growth. The bank predicts a slowdown in major […]
U.S. Job Openings Surge Unexpectedly in April: Strong Labor Demand Remains
The U.S. job market showed surprising strength in April, with a surge in available positions and increased hiring rates. According to the U.S. Bureau of Labor Statistics (BLS), […]
OECD Forecasts Global Economy Slowdown as U.S. Trade War Impacts Growth
The Organisation for Economic Co-operation and Development (OECD) has downgraded its global growth forecast to levels not seen since the COVID-19 pandemic. The organization attributes this slowdown primarily […]
Japan’s GDP Expected to Shrink Again in Early 2025
Economists predict Japan’s revised GDP data, due for release next week, will confirm the country’s economic contraction in the first quarter of 2025. A corporate survey released on […]
U.S. GDP Shows Slight Improvement in First Quarter
New data from Odaily reveals that the U.S.’s first-quarter real GDP growth rate has been revised upward, showing a decrease of -0.2%. This represents an improvement over the […]
U.S. Retail Sales Show Uptick in April
Despite initial forecasts of stagnation, U.S. retail sales saw a surprising 0.1% gain in April, according to data compiled by BlockBeats. This modest increase suggests a potential leveling-off […]
S&P 500 Recovers After U.S.-China Tariff Deal
The S&P 500 index has fully recovered from losses, driven by a trade truce between the United States and China. This agreement led to a significant decrease in […]