Donald Trump’s new tariffs targeting Chinese goods have shaken global financial markets, including the cryptocurrency sector. The announcement triggered a significant decline in both Bitcoin and Ethereum prices […]
Williams Warns of U.S. Economic Slowdown in 2025
New York Fed President John C. Williams has issued a stark warning about the US economy’s future, predicting under 1% GDP growth and rising unemployment as early as […]
California Lawsuit Challenges Trump Tariffs, Sparking Economic Concerns
California has filed a federal lawsuit challenging the Trump administration’s trade tariffs, seeking to protect local businesses from financial strain. The lawsuit highlights opposition to the tariffs and […]
Crypto Market Buffeted by U.S. Economic Slowdown
The U.S. economic slowdown is casting a shadow over the crypto market, prompting cautious investment behavior from institutions and heightened volatility. Experts point to a growing recession risk […]
Growing Unease Over Trump’s Trade Talks with Japan
U.S. tariffs are hindering progress in the ongoing negotiations between the U.S. and Japan, adding a layer of complexity to an already delicate situation. While both sides claim […]
Wall Street Falters Amidst Tariff Jitters and Nvidia Shock
The U.S. stock market experienced a significant decline this week, with major indices plummeting sharply. The Dow Jones Industrial Average dropped over 900 points, the Nasdaq shed more […]
Crypto Markets Dip as Powell’s Concerns Weigh on Economic Outlook
Cryptocurrency prices experienced a decline Wednesday following comments from U.S. Federal Reserve Chair Jerome Powell, who highlighted concerns over rising inflation and potential trade disputes as impacting the […]
Powell Warns of Prolonged Inflation Due to Supply Chain Challenges
Federal Reserve Chairman Jerome Powell has warned that supply chain disruptions could persist, potentially fueling sustained inflation driven by tariffs. He also highlighted the potential negative economic impacts […]
Powell Discusses US Economy: Slow Growth, Inflation Control, and Trade Uncertainty
Federal Reserve Chair Jerome Powell delivered a speech at the Chicago Economic Club today outlining his assessment of the U.S. economy. Key takeaways include: the Fed’s policy stance […]
Atlanta Fed GDPNow Shows Slight Economic Uptick for U.S.
The Atlanta Fed’s GDPNow model reflects a slight economic improvement, with the estimate for Q1 2025 GDP growth now at -2.2%. This change comes after the previous -2.4% […]
China Accuses US of Threats & Blackmail in Trade War Escalation
In a counter-offensive to President Trump’s recent announcement of imposing a 245% tariff rate on Chinese goods, China has accused the U.S. of using pressure tactics and manipulation […]
Trump’s Tariff Policy Sparks Internal White House Conflict
Internal turmoil within the Trump administration has erupted over his aggressive tariff policy, leading to a significant split in economic strategy. Treasury Secretary Scott Bessent voiced concerns about […]
Bitcoin Surges Amidst Global Economic Uncertainty
California Governor Gavin Newsom announced plans to challenge tariffs imposed during the Trump administration, arguing their economic impact. The lawsuit highlights California’s ongoing disputes with federal policies, potentially […]
Giorgetti Calls US Stablecoin Policy a More Significant Threat to Europe’s Sovereignty Than Tariffs
Italy’s Economy Minister Giancarlo Giorgetti argues that the US policy on stablecoins poses a greater threat to European economic independence than trade tariffs. He believes that dollar-pegged stablecoins […]
Could U.S. Funds Fund Bitcoin Purchases?
The potential use of tariff revenue to purchase Bitcoin has been raised by economist Bo Hines, who suggested utilizing these fees as a starting point for building a […]