September continues to bring surprises in the crypto market, marked by a decline in Bitcoin (BTC) despite positive PCE figures. The ongoing legal drama involving Fed member Cook […]
Cryptocurrency Inflows Surge Amid Economic Uncertainty
New data from CoinShares shows significant shifts in cryptocurrency investments following recent U.S. economic developments. Initial outflows of $1 billion emerged after a weak employment report, but this […]
US Tariff Rate Reaches Highest Point Since 1933
The US has imposed an average tariff rate of 18.6%, the highest since 1933, according to Yale’s Budget Lab. This marks a significant economic shift with implications for […]
Federal Reserve Sees Larger Economic Impact from Tariffs
New insights from the Federal Reserve’s meeting minutes reveal a significant impact of tariffs on economic activity, exceeding earlier expectations. According to Odaily, staff members now forecast a […]
Federal Reserve Officials Predict Prolonged Inflation
A new report from BlockBeats reveals that Federal Reserve officials anticipate inflation may linger longer than anticipated. According to meeting minutes, nearly all members believe this trend will […]
US Customs Duties Reach Record $16.5 Billion in April 2025
The US Customs and Border Protection (CBP) reported a record-breaking $16.5 billion in customs duties collected during April 2025. This significant increase, following prior months of rising trends, […]
UK Tightens Visa Controls, Impacting Skilled Workers and Economic Sectors
The UK government has implemented stricter visa controls this May, significantly impacting international talent seeking work in the country. These changes, announced by Prime Minister Keir Starmer’s administration, […]
Fed Watches Economic Shifts Amidst Trade War Impact
The Federal Reserve is closely tracking economic shifts in response to the ongoing trade war between the U.S. and other countries, as recently imposed tariffs have impacted numerous […]
How Fed Tightening Impacts Bitcoin’s Potential: Expert Says Price Could Be 30% – 50% Lower
The Federal Reserve’s aggressive monetary policy tightening is posing a major challenge to Bitcoin’s long-term potential, according to economist Timothy Peterson. He argues that the central bank’s actions […]
Janet Yellen Raises Concerns Over Trump’s 2025 Tariff Plans
Former US Treasury Secretary Janet Yellen has voiced serious concerns about President Trump’s proposed tariffs, warning that they could significantly harm the US economy and international relations. These […]
Trump Administration Marked by Cryptocurrency Volatility and Economic Downturn
Former White House communications director Anthony Scaramucci has sharply criticized Donald Trump’s first 100 days in office, asserting they have been among the most detrimental to the US […]
Hasbro Takes Preemptive Action Against Tariff Impact on Toy Industry
Facing potential financial strain from new tariffs, Hasbro CEO Chris Cocks has unveiled a $1 billion cost-saving plan to offset the impact on the toy industry. The plan […]
Trump Raises Concerns About Millionaire Tax Impacting Wealth Flows
Former President Donald Trump has cautioned against implementing a millionaire tax, citing potential economic instability stemming from wealth redistribution and capital flight. His concerns were voiced during a […]
Bank of England Warns of Risks from US Tariff Policies, Market Volatility Expected
The Bank of England has issued a warning about potential economic risks posed by recent US tariff policies for the UK economy. Governor Andrew Bailey emphasized these risks […]
Goolsbee: Tariff Impact on Economy Limited
Federal Reserve official Lael Brainard recently addressed the potential impact of tariffs on the overall economy, suggesting these impacts may be limited. According to Blockbeats, Goolsbee emphasized that […]