Treasury yields increased as tensions between the U.S. and China heightened over a trade dispute, casting uncertainty on market stability. 10-year Treasury yield climbed above 4.4% while 2-year […]
U.S. Inflation Rate Expectations Ease in May
The anticipated one-year inflation rate for the United States fell to 6.6% in May, according to data compiled by Odaily. This decline from the projected 7.1% and a […]
Budget Deficit Threatens U.S. Economy as Markets Feel Ripple Effects
The U.S. budget deficit is a growing concern, with potential implications for the economy and markets alike. Citigroup’s equity strategist, Scott Chronert, highlights that recent legislation is unlikely […]
U.S. Treasury Secy: Trade Partner Cooperation Remains Steady
U.S. Treasury Secretary Janet Yellen confirmed that cooperation with trade partners remains strong, stating there’s been no shift in their approach over the past 48 hours. Several key […]
U.S. Economy Slows Down: Is the Fed Ready for Rate Cuts?
Recent economic data has shed light on a slowing U.S. economy, with GDP contracting in the first quarter and weak consumer spending contributing to this trend. However, a […]
Trump’s Trade Wars Impact U.S. Economy, GDP Drops in Q1
The U.S. economy experienced a significant decline in the first quarter of 2025, with Real Gross Domestic Product (RGDP) falling at an annual rate of 0.2%. The BEA […]
U.S. Court Halts Trump’s Emergency Tariffs, Challenging Presidential Tariff Authority
A recent ruling from the U.S. Court of International Trade has dealt a blow to President Trump’s trade policies by halting his emergency tariffs. The court found that […]
White House’s Shifting Stance Fuels Debate on U.S. Economic Policy
As Bitcoin struggles to hold the $109,000 mark and Ethereum trades above $2,600 amidst uncertainty, altcoins are reacting to recent controversial remarks from the White House regarding tariffs. […]
Morgan Stanley Predicts U.S. Treasury Yields for Next Year
Financial analysts at Morgan Stanley anticipate a rise in U.S. 10-year Treasury bond yields to 3.45% by the second quarter of next year.
Moody’s Downgrades U.S. Rating: Implications and Fed Chair Bostic Discusses Economic Impact
The credit rating agency Moody’s downgraded the United States’ sovereign debt rating, raising concerns about the nation’s economic stability. Federal Reserve Chair Jerome Powell has also weighed in […]
U.S. Treasury Holds Back on Trade Agreements at G7 Finance Ministers Meeting
Despite expectations of potential trade deals, the U.S. Treasury appears to be refraining from making any announcements related to new agreements during the G7 finance ministers meeting in […]
Fed Chief John Williams Unfazed by Foreign Investment Concerns
In a recent address at the Mortgage Bankers Association conference, New York Federal Reserve President John Williams addressed investor concerns regarding potential divestments of U.S. assets. Despite market […]
Moody’s Downgrades U.S. Sovereign Rating: Debt Concerns Grow
Moody’s has issued a significant downgrade of the United States’ sovereign rating, marking the first such event since 1919. This move, which drops the rating from “Aaa” to […]
U.S. Inflation Surpasses Expectations, Consumer Confidence Weakens in May
The United States’ inflation rate for May has exceeded expectations. Odaily reports a preliminary estimate of 7.3%, surpassing the projected 6.50% and the previous value of 6.50%. The […]
Ken Griffin Raises Alarm Over Trump’s Manufacturing Strategy’s Potential Impact on Inflation & Jobs
Billionaire investor Ken Griffin, CEO of Citadel, expressed concerns about the potential inflationary impact and job displacement associated with President Trump’s manufacturing repatriation strategy. He warned that shifting […]