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 […]
Canada’s Economy Signals Early Recession, With GDP Shrinkage and Job Market Weaknesses
Economic indicators paint a concerning picture for Canada as the country appears to be edging into a recession. Forecasts predict a shrinking economy in Q2 2025 and Q3 […]
White House Defends Strong Dollar Amidst Economic Uncertainty
The White House has refuted the notion of secret economic strategies, emphasizing the resilience of the US dollar amidst global economic uncertainties. Global market volatility has contributed to […]
Bernard Arnault Criticizes Macron’s Economic Policy, Calls for Greater Entrepreneurial Freedom
Bernard Arnault, CEO of LVMH, has publicly voiced his opposition to France’s increasing government involvement in company operations. His strong stance highlights a growing clash between the state […]