Despite the ongoing government shutdown’s delay in releasing crucial employment data, private institutions and companies are providing their own assessments of the U.S. job market. The insights vary […]
U.S. Services PMI Shows Slight Decrease in October
October’s data from S&P Global reveals a slight dip in U.S. activity. The final reading for the U.S. S&P Global Services PMI came in at 54.8, slightly below […]
U.S. Economic Data Delayed as Government Shutdown Enters its Second Month
The release of key U.S. economic data, such as ADP employment figures and CPI inflation rates, has been delayed due to the ongoing government shutdown. BlockBeats reports that […]
Government Shutdown Enters Record Length: Market Uncertainty Mounts
The U.S. government shutdown has reached its 35th day, a record-breaking period that parallels the longest shutdown in history from 2018 to 2019. This prolonged deadlock is significantly […]
U.S. Shutdown Risks Major Economic Impact
A potential government shutdown in the U.S. could trigger significant economic repercussions, according to Goldman Sachs economist Alec Phillips. The economist warns that the shutdown’s impact may be […]
U.S. Treasury Secretary Calls for Rate Cuts Amidst Inflation Decrease
U.S. Treasury Secretary Janet Yellen has expressed support for lowering interest rates if inflation declines, advocating for a potential shift in monetary policy by the Federal Reserve. In […]
U.S. Economic Growth Projected at 4% in Q3
The U.S. economy is poised for strong growth, as projections from the National Economic Council indicate a robust 4% expansion in the third quarter. This optimistic outlook underscores […]
Shutdown Talks Intensify as U.S. Government Risks Spilling Over
Negotiations for a resolution to the ongoing U.S. government shutdown are heating up, with key figures like Senate Majority Leader John Thune and House Speaker Mike Johnson spearheading […]
U.S. Secures $490 Billion Investment Deal
U.S. Commerce Secretary Gina Raimondo has unveiled plans to sign a monumental $490 billion investment agreement, marking a significant step in bolstering economic growth and infrastructure development across […]
U.S. Unemployment Rate Steady Amid Government Shutdown
Despite delays in official unemployment figures due to the ongoing government shutdown, the Chicago Federal Reserve offers a glimpse into its stability. According to their latest forecast, the […]
Bank Reserves Plummet as Fed Prepares to Slow Balance Sheet Reduction
The U.S. banking system is facing a significant liquidity crunch, contributing to the Federal Reserve’s decision to pause its balance sheet reduction program. According to recent data released […]
Goldman Sachs Predicts U.S. Inflation to Rise Slightly in September
Goldman Sachs forecasts U.S. inflation to rise slightly, with both headline and core CPI expected to increase by 0.3% month-on-month in September. Despite this modest growth, the bank […]
U.S. Economic Activity Stays Steady Despite Inflationary Pressures
The latest Beige Book from the Federal Reserve paints a picture of U.S. economic activity remaining relatively stable despite ongoing inflation challenges. While consumer spending has slightly decreased, […]
U.S. Economy Shows Minimal Growth: Federal Reserve Beige Book Highlights Economic Stagnation
The latest Federal Reserve Beige Book paints a picture of stagnant U.S. economic growth, with minimal expansion observed across different regions since early September. This report has triggered […]
U.S. Economy Surprises with Unexpected Growth, Signaling Potential Monetary Policy Shift
Federal Reserve Chair Jerome Powell announced a significant economic surprise: robust U.S. growth exceeding expectations. This positive outlook stems from increased productivity amid adjustments to tariff and immigration […]