A recent report by JPMorgan’s Chief Economist, Michael Feroli, warns of the significant economic impact of tariffs imposed by President Trump. According to the report, while these tariffs […]
Economists Issue Recession Warning as Trump Tariffs Loom
Financial experts warn that escalating U.S. tariffs imposed by former President Donald Trump could trigger a recession if not reversed swiftly. Moody’s Analytics Chief Economist Mark Zandi expresses […]
Recession Risk Soars to Over 50% in U.S. by 2025, Analysts Warn
PANews reports that Geiger Capital analysts have shared on X (formerly Twitter) that predictions from Kalshi’s prediction market indicate a recession is likely to strike the U.S. economy […]
ADP Employment Data Expected to Spark Market Movement
The U.S. market is poised for volatility as the U.S. Department of Labor releases its March ADP employment figures tonight at 20:15 UTC+8. Analysts anticipate a significant increase […]
Trump Announces New Tariffs on International Trade for Liberation Day
On April 2nd, 2025, US President Donald Trump announced the implementation of new tariffs as part of what he termed “Liberation Day” to bolster American industries. These tariffs […]
U.S. Treasury Secretary Clarifies Tariff Limits: Ceiling Explained
Treasury Secretary Janet Yellen revealed that the recent tariff announcement is a ‘ceiling,’ as per BlockBeats and CNBC reports. This means tariffs will reach their maximum level tomorrow, […]
U.S. Manufacturing Contraction: ISM PMI Falls to 49.0
The U.S. manufacturing sector experienced a contraction in March, as the ISM Manufacturing PMI dropped to 49.0. This reading fell short of expectations of 49.5, signaling a decline […]
U.S. Consumer Confidence Plummets in February
Consumer confidence in the U.S. took a significant dip in February, as pessimism about the future surged, according to data from the Conference Board. The consumer sentiment index […]
Michael Saylor Unveils Digital Asset Framework for U.S. Economic Leadership
In a groundbreaking move, entrepreneur and Bitcoin proponent Michael Saylor presented a new framework titled ‘Digital Assets Framework, Principles, and Opportunity for the United States’ to the SEC […]