The U.S. labor market has shown continued strength in May, according to Odaily. The report shows a robust 177,000 job additions in non-farm employment, surpassing economists’ expectations of […]
Trump’s Bitcoin Promises Fail to Shield U.S. Mining Companies from Losses
Despite President Donald Trump’s campaign promises to boost American Bitcoin mining, the nation’s top publicly traded miners are facing steep losses in the first quarter of 2025. This […]
U.S. Unemployment Claims Surge to New High
The U.S. unemployment rate climbed to a new high for the week ending April 26th, according to data from BlockBeats. Initial jobless claims reached 241,000, marking the highest […]
U.S. GDP Contracts, Revision Expected
The U.S. economy experienced contraction in the first quarter, as reported by BlockBeats. Treasury Secretary Besant attributes this decline to a significant backlog of imported goods held in […]
U.S. Economic Fears Mount Ahead of April Jobs Report
Economists worldwide are watching closely as the U.S. non-farm payroll report for April is set to be released on Friday. Growing concerns about potential disruptions in the American […]
U.S. GDP Contracts in Q1, Fueled by Trump Trade Policies
New data reveals a contraction in U.S. GDP during the first quarter, dropping by -0.3%. This unexpected decline is attributed to President Trump’s trade policies and reflects deepening […]
Trump Acknowledges Tariff Risks, but Pushes Ahead With Trade Strategy
President Donald Trump acknowledged the political risks associated with his sweeping tariffs while simultaneously asserting that he will not rush trade deals to appease investors. During a NewsNation […]
ARK Invest: U.S. Economy Expected to Recover Driven by Productivity Gains
ARK Invest has published a market analysis suggesting the U.S. economy has been in a period of ‘rolling recession’ for the past three years. With consumer spending and […]
U.S. GDP Contracts in Q1: Trump Blames Biden’s Policies
The United States experienced a contraction in GDP during the first quarter, according to Odaily. President Donald Trump criticized the situation, attributing it to the economic policies of […]
U.S. Consumer Confidence Plummets to Lowest Point Since 2020 Amidst Inflation Concerns
A recent dip in consumer confidence paints a worrying picture of the US economy. The U.S. Consumer Confidence Index, falling to 86.0 in April 2025, marks its fifth […]
U.S. Trade Deficit Hits Record High in March
The U.S. recorded a record goods trade deficit in March, exceeding expectations and reaching $162 billion according to BlockBeats. This figure marks a significant jump from the projected […]
U.S. Embraces Bitcoin: Commerce Secretary Unveils Bold Plan for Industry Expansion
The U.S. government is poised for a significant shift in its stance on Bitcoin, with the commerce secretary signaling a strong commitment to the cryptocurrency’s growth. Recent pronouncements […]
U.S. Treasury Sec. Bessent Confirms Commitment to Investment Hub Status
In a recent interview on CNBC’s ‘Squawk Box’, U.S. Treasury Secretary Scott Bessent addressed the ongoing trade discussions with China, emphasizing the US’ dedication to its position as […]
UBS Sees U.S. Stocks as Attractive Amidst Economic Uncertainty
UBS predicts continued attraction for the U.S. stock market despite a volatile environment fueled by ongoing economic uncertainties and policy shifts. According to the bank, reduced tariffs are […]
U.S. Economic Leaders to Meet: Top Negotiators Prepare for Key Discussion
Next week, top congressional negotiators will meet with White House officials for a crucial gathering. U.S. Treasury Secretary Mnuchin and Hassett, National Economic Council Director, are set to […]