Global car manufacturers face a significant financial threat as Moody’s Rating predicts a $30 billion loss in operating profits by 2025. President Trump-era tariffs are cited as the […]
Trump Tariffs Impact Automakers: $30 Billion Annual Losses Predicted
Automakers are bracing for substantial financial consequences as Trump’s tariffs threaten to drain industry revenues by up to $30 billion annually, according to Moody’s. The impact extends beyond […]
Federal Reserve Weighs Cautious Interest Rate Cut Approach
Federal Reserve Governor Christopher Waller has proposed a cautious approach to interest rate cuts, emphasizing the need for gradual adjustments. He supports a potential 25 basis point reduction […]
Gold Prices Surge Amidst Growing Concerns Over Fiscal Policies
Rising gold prices are signaling growing skepticism about global fiscal policies, according to Ajay Rajadhyaksha, Chairman of Barclays Global Research. His recent report highlights that the current economic […]
Barr Offers Cautious Outlook on Inflation and U.S. Economy Amidst Shutdown and Rising Rates
Fed Board Member Michael Barr delivered a cautious assessment of the current economic climate, highlighting both positive developments and potential risks. His recent remarks address the inflation outlook, […]
White House Weighs Potential Layoffs as Shutdown Looms
Kevin Hassett, Director of the White House National Economic Council, has warned about potential government employee layoffs if a funding stalemate between Democrats and Republicans drags on. While […]
Vietnam’s Central Bank Seeks 20% Credit Growth Amidst Cryptocurrency Adoption Surge
Vietnam’s central bank forecasts a substantial credit expansion of around 20% by 2025, which could fuel liquidity in the global cryptocurrency market. This growth is being driven by […]
Fitch: Limited US Shutdown Impact Expected Short Term
Fitch Ratings predicts minimal short-term economic impact from the U.S. government shutdown due to the stable dollar and existing fiscal policies. Although a prolonged shutdown could slow growth, […]
Government Shutdown Halts Bureau of Labor Statistics Data Releases
The U.S. Bureau of Labor Statistics (BLS) has been forced to halt all operations due to the ongoing government shutdown, leading to delays in crucial economic data releases. […]
Economists Predict 25 bp Rate Cut from Fed, With More to Come
Economists predict a half-percentage point rate reduction by the Federal Reserve in September, demonstrating caution amidst concerns about slowing job growth and persistent inflationary pressures. This prediction suggests […]
US Jobless Claims Surge to Highest Level Since 2021
The U.S. labor market is showing signs of cooling, as initial jobless claims hit a new high since October 2021. In the week ending September 6, 2025, claims […]
The BLS Blunder: How Weak Jobs Data Impacts Crypto Markets
The August jobs report from the US Bureau of Labor Statistics (BLS) revealed a weaker-than-expected job market, sending shockwaves through crypto markets and highlighting the growing challenges facing […]
US Supreme Court To Weigh Trump’s Global Tariffs Appeal – Potential Economic Impact Highlighted
The US Supreme Court has agreed to hear a case challenging former President Donald Trump’s global tariffs. The court will consider arguments from both sides in early November, […]
U.S. Nonfarm Employment Expected to Decline Significantly in 2025
New projections from BlockBeats reveal that the U.S. nonfarm employment is projected to experience a substantial decline of 911,000 jobs by the end of 2025. This figure surpasses […]
New Policy Changes Impact Local Businesses: Over 200 Directly Affected
A significant number of local businesses are facing the impact of recent policy changes, with over 200 directly affected. Economic growth is projected to decline by 5% this […]