The Federal Reserve’s plans for rate cuts in 2025 have been adjusted, with the number reduced from four to two. This decision is driven by increasing economic uncertainty […]
Canadian Dollar Weakens Amidst Persistent Headwinds
The Canadian dollar faces a challenging near-term outlook, experiencing its weakest fundamental backdrop since 2016. A confluence of factors, including persistent productivity issues, high household debt, and the […]
Is the U.S. Financial Stability Crisis Signaling Trouble for Crypto?
A rising cost to insure U.S. government debt against default is raising alarm bells in the financial markets, and experts are watching closely to see how it affects […]
U.S. Job Openings Plummet: Signals Emerging Economic Concerns
A recent analysis by Odaily reveals a sharp decline in U.S. non-farm job openings. This unprecedented drop, only witnessed three times since 2000, coincides with economic recessions. The […]
US Stock Markets Soar After Trump Delays Tariffs
Following a four-day losing streak, US stock markets experienced a significant rebound on Tuesday, fueled by President Trump’s decision to postpone the implementation of 50% tariffs on European […]
Fed Faces Uncertainties: Will Rate Cuts Come in June?
The Federal Reserve (Fed) meets in June 2025 amidst growing economic uncertainties. Persistent inflation, a robust labor market, and trade tensions pose challenges for the Fed’s decision on […]
U.S. Consumer Confidence Index Soars Despite Recession Concerns
The U.S. Consumer Confidence Index experienced a significant surge in May, rising to 135.9 according to Odaily reports. This improvement is largely attributed to a dramatic increase in […]
Russia’s Economy May Be Cooling Down Too Quickly
Russia’s economy is facing a potential slowdown, according to Economy Minister Maxim Reshetnikov, who urged the central bank to lower its high interest rates. The Bank of Russia […]
Canadian Manufacturing Sales Plunge 2% in April 2025
Canada’s manufacturing sector experienced a significant decline in April 2025, with sales falling by 2.0%. Statistics Canada reported that the petroleum, coal, and automotive industries were major drivers […]
Canadian Manufacturing Sales Plummet 2% in April 2025
The Canadian manufacturing sector faces a challenging landscape as sales plummeted by 2% in April 2025, according to preliminary data from Statistics Canada. This marks the largest decline […]
Japan Invests $6.3 Billion to Mitigate U.S. Tariffs’ Impact
Facing pressure from escalating US tariffs, Japan has unveiled a $6.3 billion economic relief plan aimed at stabilizing its economy and bolstering vulnerable sectors. The funding will address […]
Musk Warns of Dollar Crisis, Bitwise CEO Highlights Bitcoin’s Potential
Elon Musk has sounded the alarm on the growing U.S. national debt, warning of a potential pathway toward bankruptcy if spending continues to outpace productivity growth. He advocates […]
Global Markets Navigate a Tug of War: Trade Truce Meets Treasury Turmoil
This week’s financial markets experienced an erratic dance between hopeful optimism and fear of uncertainty, leaving investors grappling with shifting tides of signals. A tentative U.S.-China trade truce […]
Trade Uncertainty Triggers Economic Hesitancy as Fed Prepares for Decisions
The uncertainty surrounding trade policies is casting a shadow over the American economy, prompting anxiety among economists and businesses alike. Austan Goolsbee, President of the Chicago Federal Reserve, […]
Elon Musk Advocates For Increased Government Spending To Fuel Economic Growth
Facing economic uncertainty driven by escalating tariffs and rising Treasury bond yields, tech mogul Elon Musk is proposing a novel approach to stimulate the U.S. economy. Through his […]