The U.S. labor market is facing a slowdown as job growth continues to be sluggish, with economists predicting another weak report on Friday evening. This potential for continued […]
U.S. Economic Growth Faces Contrasting Trends: Strong Services, Inflation Concerns
Despite recent data showing a strong service sector performance in August, with the S&P Global Market Intelligence report suggesting the second-strongest reading this year, U.S. economic growth prospects […]
U.S. Economy Shows Strength, But Inflation Concerns Persist
The U.S. economy continues to demonstrate resilience, fueled by robust service and manufacturing activity. According to S&P Global Market Intelligence’s Chris Williamson, the August Services PMI final reading, […]
U.S. Tariff Revenue Soars to $31 Billion in August, Setting 2025 Record
The United States hit a record-breaking milestone for tariff revenue in August 2025, generating $31 billion. This surge is largely attributed to President Trump’s trade policies that implemented […]
U.S. Job Openings Dip Short of Projections for July
The number of U.S. job openings fell short of expectations in July, according to recent data released by Blockbeats. The figure reached 7.181 million, a decrease from the […]
U.S. Manufacturing Contracts for Sixth Consecutive Month
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 […]