The U.S. manufacturing sector has experienced a sixth consecutive month of contraction, according to data from August 2025. This decline underscores the ongoing impact of Trump’s import tariffs […]
US Luxury Brands: Could They Outperform European Rivals Amid New Trade Tariff?
Recent trade agreements have significantly impacted the luxury market, with a new tariff potentially reshaping landscapes for brands in both Europe and the US. While France remains hesitant, […]
U.S. Treasury Secretary Names Eleven Candidates for Federal Reserve Chair
U.S. Treasury Secretary Janet Yellen has revealed a strong pool of eleven individuals who are being considered for the position of Federal Reserve Chair. Interviews are scheduled to […]
U.S. Businesses Gear Up Spending for Equipment Investments: July Orders Rise
U.S. core capital goods orders saw a significant jump of 1.1% in July, defying market expectations and signaling a resurgence in business investment after months of cautious spending. […]
U.S. Labor Market Slump Raises Concern for Fed Policy Adjustments
Recent analysis by BlockBeats suggests a significant downturn in the U.S. labor market. Data revisions for May and June revealed a drastic decrease of 258,000 jobs, exceeding the […]
U.S. Government Exploring 10% Intel Stake
The U.S. government is exploring acquiring a 10% stake in Intel through President Trump’s announced plans, according to BlockBeats. Trump characterized this deal as successful and indicated similar […]
U.S. Manufacturing Growth Fuels Strong Dollar, But Crypto Remains Stable
Recent data from the S&P Global PMI suggests a robust U.S. economy with manufacturing thriving. The August figure hit 53.3 – a 39-month high – and has sparked […]
PMI Data Drives Crypto Volatility: Recession Fears Fueling Market Shifts
Recent U.S. economic data has spurred volatility in the cryptocurrency market, with key indicators revealing a strong economy but also highlighting potential risks for cryptocurrencies.
U.S. Pushes Forward with Bitcoin Reserve Strategy
BitMine chairman Tom Lee has lent his support to U.S. Treasury Secretary Janet Yellen’s statement about the country’s strategic Bitcoin reserve plan. Lee believes creating a Bitcoin reserve […]
S&P 500 Climbs on Strong Retail Sales, Signaling Robust U.S. Consumer Market
The stock market closed out the week with a positive note on Friday as optimism surrounding retail sales data fueled gains for the S&P 500 and Dow Jones […]
U.S. PPI Falls Short of Expectations: Moderate Cost Increases Drive Decline
The U.S. core Producer Price Index (PPI) for May fell short of forecasts, showing modest price increases despite expectations of more significant changes. The Bureau of Labor Statistics […]
Treasury Sec. Bessent Emphasizes U.S. Investment Leadership Through OBBB
Treasury Secretary Scott Bessent highlighted the anticipated benefits of the One Big Beautiful Bill (OBBB) for American businesses and investors, emphasizing its role in reinforcing the United States’ […]
U.S. Inflation Seen as Likely to Rise Structurally, Fed Meeting Expectations Highlighted
A recent analysis by China International Capital Corporation (CICC) suggests that the U.S. may experience a one-time price spike in the coming months, marking a shift from the […]
U.S. Treasury Secretary Bessent Speaks on China Trade Talks
Treasury Secretary Scott Bessent testified before the House Ways and Means Committee today, providing insights into the ongoing trade talks with China. The discussions covered various topics, including […]
U.S. Core CPI Growth Signals Slowdown in Inflation
A recent dip in U.S. core Consumer Price Index (CPI) growth, with a 0.1% increase compared to the previous month, suggests inflation is leveling off. This unexpected development […]