New data from BlockBeats indicates that the number of initial jobless claims in the U.S. for the week ending May 17 fell to 227,000. This figure is slightly […]
Trump Advisor Predicts 3% Economic Growth by 2025
Economic advisor to President Trump, Kevin Hassett, predicts robust economic growth of over 3% in 2025. His forecast comes as the administration continues its tariff negotiations with key […]
Target Misses Q1 2025 Revenue Expectations, Driving Market Analysis of Retail Challenges
Target Corporation reported disappointing first-quarter 2025 financial results, with revenue falling short of analyst expectations and signaling broader challenges in the retail sector. The company’s $23.8 billion revenue […]
Japan’s Interest Rate Hike Stalled: Weak Domestic Demand Holds Back BoJ
Japan’s interest rate decision is facing mounting obstacles as domestic demand remains weak, according to former Bank of Japan committee member Sayuri Shirai. Shirai argues that the central […]
US Companies Hit 15-Year High in Bankruptcy Filings
The US business landscape is facing a major shakeup as large companies are filing for bankruptcy at their highest rate in fifteen years. A surge of 13% was […]
Euro Gains Strength Against Dollar: US Tariffs Forecast to Weaken Economy
BlockBeats reports that Candriam analyst Nicolas Jullien believes U.S. tariffs will negatively impact the country’s economic growth, potentially boosting the euro’s value against the dollar. 💰 While quantifying […]
Japan’s Economic Crisis Deepens, Impacting Global Crypto Market
Prime Minister Shigeru Ishiba has stated that Japan’s economic situation is worse than Greece, triggering a global ripple effect in the crypto market. This crisis has led to […]
Crypto Market Volatility Expected This Week: Fed Speakers & Data Releases
With a packed week of economic events, especially from the US, the crypto market could experience significant volatility. The Federal Reserve’s prominent speakers and data releases like jobless […]
Crypto Markets Unfazed by France’s Unemployment Rate Increase
France’s unemployment rate rose to 7.4% in Q1 2025, representing a slight increase from the previous quarter. However, this change has not triggered immediate action or significant market […]
Trump Forecasts Positive Developments in Upcoming Month
U.S. President Donald Trump recently indicated optimism for upcoming positive developments during a statement released by BlockBeats. He anticipates these changes will likely take place within the coming […]
Japan’s Trade Stalemate: Tariff Standoff Threatens US-Japan Deal
Japan’s refusal to accept any trade deal without the removal of all US tariffs on its car exports is jeopardizing negotiations with Washington, raising concerns about a potential […]
Ken Griffin Questions Trump’s Manufacturing Push, Emphasizing Inflationary Concerns
Ken Griffin, CEO of Citadel, has voiced his reservations about President Trump’s focus on bringing manufacturing back to the U.S., arguing that these moves could trigger inflation. Griffin […]
Fed Chair Warns of Supply Chain Disruptions Threatening Economic Growth
Federal Reserve Chair Jerome Powell recently highlighted concerns about potential disruptions to global supply chains, which could impact small businesses and overall economic growth. These disruptions could lead […]
Stock Market Wobbles as Rally Cools Amid Economic Uncertainty
Thursday saw a downturn in the stock market with the Dow Jones Industrial Average, S&P 500, and Nasdaq all experiencing losses. The declines came amidst various news developments […]
U.S. Unemployment Claims and PPI Decline in April
The U.S. unemployment claims situation remains stable, with the number of initial claims reaching 229,000 for the week ending May 10th, as per PANews. This figure remained unchanged […]