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 […]
Goldman Sachs Warns of Rising Inflation Amidst Tariffs
Goldman Sachs economists have issued a warning about potential inflationary pressures stemming from recent tariffs. They predict that these tariffs may lead to increased prices for U.S. goods […]
Economist Dr. Roubini Shifts Economic Outlook, Sees U.S. Growth Driven by Tech Advancements
Renowned economist Nouriel Roubini, often dubbed ‘Dr. Doom,’ has revised his outlook on the U.S. economy, moving away from a recession prediction to one of optimism. He predicts […]
U.S. May Non-Farm Payrolls Surge by 139,000
The U.S. non-farm payrolls showed a slight increase of 139,000 jobs in May, suggesting a cooling economic expansion that could impact the Federal Reserve’s decision making and market […]
U.S. Short-Term Interest Rates Rebound After Employment Data Release
Short-term interest rate futures in the U.S. have reversed earlier losses following the release of employment data, prompting traders to scale back expectations for a Federal Reserve interest […]
U.S. Employment Numbers Revised: March and April Show Contraction
The U.S. Bureau of Labor Statistics recently released revised non-farm employment figures for March and April, revealing a downward trend in job creation. Initial estimates showed an increase […]
Elon Musk Condemns Trump’s Economic Plan as Threat to Stability
Elon Musk has publicly criticized former President Donald Trump’s proposed economic legislation, asserting that it poses significant risks to the U.S. economy. The billionaire entrepreneur urged citizens and […]
U.S. Jobless Claims Surge to Highest Point Since October
The number of initial jobless claims in the United States for the week ending May 31 reached a significant high, exceeding market expectations and signaling a potential shift […]
U.S. Economy Slows Amid Rising Inflation Fears
The latest Beige Book from the U.S. Federal Reserve paints a picture of economic slowdown with heightened inflation concerns fueled by rising tariff-related prices. Businesses are bracing for […]
U.S. M2 Money Supply Surpasses $21.86 Trillion
The U.S. M2 money supply has reached an all-time high of $21.86 trillion, according to data from Blockbeats and Cointelegraph reports. This significant figure reflects the current state […]
U.S. Recession Probability Drops Significantly, Kalshi Data Shows
Recent data from Kalshi suggests a significant shift in the likelihood of a U.S. economic recession this year. The probability has decreased to 28%, down significantly from 70% […]