South Korea’s exports experienced a notable decline in May, indicating the growing economic pressure faced by this trade-reliant nation as global demand weakens and uncertainty surrounding US tariffs […]
Fed Expected to Keep Interest Rates Steady in June
The US Federal Reserve (Fed) is likely to hold interest rates steady in June, according to a high probability of 98%. This decision reflects the ongoing economic dilemma […]
U.S. Consumer Sentiment Index Rises to 52.2 in May
The U.S. consumer sentiment index saw a notable jump, reaching 52.2 in May, exceeding predictions and ending four months of decline according to the University of Michigan. This […]
France Faces Debt Crisis, Potential Retirement Fears Loom
France is grappling with escalating debt interest rates, raising alarm bells about a looming economic crisis. With public debt exceeding 113% of GDP and expected interest payments to […]
Atlanta Fed Forecasts US Q2 Growth at 3.8%, Driven by Net Exports
The Atlanta Federal Reserve has revised its GDP growth forecast upward, predicting a 3.8% increase in the second quarter of 2025. This revision is primarily attributed to an […]
US Court Strikes Down Trump’s Tariffs, Impacting Global Trade
A landmark ruling by the U.S. Court of International Trade has blocked the majority of tariffs imposed during the Trump administration. The decision affects global trade and presents […]
Corporate Profits Plummet to Lowest Level Since 2020
The U.S. Bureau of Economic Analysis (BEA) recently released data revealing the steepest quarterly decline in corporate profits since Q4 of 2020, dropping by $118 billion in Q1 […]
US Economy Slows: How it Impacts Crypto Markets
A recent US GDP contraction, signaling a slowdown in economic growth, raises questions about the impact on the crypto market. While cryptocurrencies operate independently of traditional financial systems, […]
Fed Meets with Trump to Discuss Economic Outlook
Following the Federal Reserve’s decision to keep interest rates steady, cryptocurrency investors await an altcoin boom that has yet to materialize. Additionally, recent trade tariff developments have led […]
Powell Meets Trump: Economic Policy Tension Under Scrutiny
A historic meeting between Fed Chair Jerome Powell and former President Donald Trump underscores the ongoing political divide in U.S. economic policy, raising concerns about market stability. The […]
Powell Meets Trump at White House: Fed Chairman’s Economic Discussions With President
In a surprise meeting, Federal Reserve Chair Jerome Powell met with former President Donald Trump at the White House today. The discussion focused on key economic issues such […]
Economic Downturn Signals: Jobless Claims Rise While GDP Contracts
Recent data paints a concerning picture of the U.S. economy, raising alarms about a potential downturn. Jobless claims surged to 240,000 for the week ending May 24, exceeding […]
White House Predicts New Trade Deals Amid Tariff Talks
Kevin Hassett, Director of the White House National Economic Council, anticipates new trade agreements as ongoing tariff discussions continue. His prediction comes amidst negotiations with over 50 countries, […]
Crypto Mining Stocks Plummet Following Fed’s Warning About Economic Uncertainty
The cryptocurrency mining industry has been hit by a notable downturn in stock prices after the Federal Reserve issued a warning about potential economic tradeoffs. This decline reflects […]
Rising Recession Risk: Fed Official Warns of Economic Uncertainty
Federal Reserve officials have voiced growing concerns about the rising risk of recession, citing a complex mix of economic uncertainties that are impacting businesses and consumer sentiment. Neel […]