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 […]
US & China Tariff Reduction Fuels Market Recovery, Recession Fears Lowered
A landmark agreement between the U.S. and China to reduce tariffs for 90 days has sent shockwaves through global markets, signaling a potential end to the economic uncertainty […]
2025 Stock Market Outlook: How Global Trends Shape Predictions
As we look to 2025, global economic trends are driving significant shifts in stock market expectations. The US economy is showing signs of moderation, while trade growth faces […]
Powell Warns of Tariff Impact: Inflation Risks and Slower Growth
Federal Reserve Chair Jerome Powell voiced concerns about the inflationary impact of President Trump’s tariffs during a recent speech, emphasizing their potential to exacerbate economic slowdown. The Fed […]
U.S. Jobs Surge in April 2025, Signaling Economic Resilience Despite Tariff Concerns
The U.S. labor market defied expectations with a robust job growth report for April 2025, adding an impressive 177,000 non-farm jobs. The unemployment rate remained steady at 4.2%, […]
US Job Market Shows Modest Growth as Unemployment Remains Steady
The US labor market saw a modest 177,000 jobs added in April, exceeding expectations but marking a slowdown compared to previous months. This growth was primarily driven by […]
US Economy Contracts 0.3% in Q1 2025, Tariffs Weigh On Economic Growth
The US economy experienced a contraction of 0.3% in the first quarter of 2025, according to data from the Commerce Department, raising concerns about the impact of tariffs. […]
Eurozone’s Economy Surprises with 0.4% Growth in Q1
The Eurozone economy defied expectations by growing 0.4% in the first quarter of 2025, exceeding analysts’ predictions. The data from Eurostat revealed stronger-than-anticipated output despite facing pressure from […]
Atlanta Fed Cuts Q1 US Economic Growth Estimate
The Atlanta Federal Reserve’s GDPNow model has revised its projection for the first-quarter U.S. gross domestic product growth down to -2.5%, a decline from the previous estimate of […]