Federal Reserve Vice Chair Raphael Bostic has underscored the potential for economic ripples from Moody’s downgrade of the U.S. credit rating, indicating an expected rise in borrowing costs […]
U.S. 30-Year Treasury Yields Surge Past 5%, Reaching Highest Level Since November 2023
The U.S. 30-year Treasury bond yield has surged to its highest level in over a year, reaching 5.02% according to BlockBeats. This significant jump underscores the dynamic shifts […]
US Credit Downgrade Impacts Economic Outlook: Bank of Singapore Warns
A recent downgrade of the U.S.’s credit rating by independent agencies has sparked concerns about the country’s economic prospects, according to a report from the Bank of Singapore. […]
China’s Massive Reduction in US Treasury Holdings Raises Global Concerns
A recent report from the US Treasury Department reveals that China has significantly reduced its holdings of US Treasury bonds, selling off approximately $18.9 billion between February and […]
Moody’s Downgrades U.S. Credit Rating: Implications for Markets & Economy
Moody’s has lowered the long-term credit rating of the United States to Aa1, signaling increased fiscal vulnerability and potential market shifts. This downgrade reflects concerns about rising government […]
Trump Family Crypto Portfolio Suffers $53 Million Loss Amid Market Volatility
The Trump family’s cryptocurrency portfolio has experienced a substantial loss of 15%, resulting in a $53 million decrease. This dip highlights the inherent volatility within the cryptocurrency market, […]
Trump Launches U.S. Strategic Bitcoin Reserve Initiative
President Trump has initiated a strategic shift in the U.S.’s approach to cryptocurrency, establishing a new U.S. Strategic Bitcoin Reserve. This action comes as the world embraces digital […]
US Consumer Sentiment Plunges to Record Low, Driven by Tariff Concerns
Consumer confidence in the US has reached a historic low point. New data from the University of Michigan reveals a sharp decline, plummeting to 50.8 in early May. […]
Senators Call for Clarification of Crypto Tax Rules, Threatening Innovation
Two Republican Senators, Cynthia Lummis (WY) and Bernie Moreno (OH), are raising concerns about potential tax complications facing U.S. companies holding digital assets. In a letter to Treasury […]
Polymarket Predicts High Recession Risk in U.S. Economy by 2025
Predictions of an imminent US economic recession have taken center stage, with Polymarket suggesting a staggering 39% likelihood of entering such a phase by 2025. This prediction comes […]
Trump Set to Announce New Trade Deals Following Middle East Trip
President Donald Trump is set to announce new trade agreements upon his return from a trip to the Middle East, according to National Economic Council Director Larry Kudlow. […]
US Stock Market Soars: Key Indices Jump Open
The US stock market opened strong today, with major indices posting gains as investors exhibit a positive outlook. This optimistic start signals a potentially bullish day in the […]
Inflation Defies Predictions Despite Trump Tariffs
In a surprising turn of events, US inflation unexpectedly decelerated in April, dropping to 2.3% despite aggressive tariffs implemented by the Trump administration. This unexpected decline raises questions: […]
Economic Tensions Ease with Trade Agreement Progress
The US-China trade war has entered a new phase as progress towards a tariff agreement brings optimism to financial markets. After months of uncertainty fueled by escalating tax […]
Trump Signs $600 Billion Economic Deal with Saudi Arabia, Boosting Defense and Energy Sectors
On May 13, 2025, President Donald Trump and Saudi Crown Prince Mohammed bin Salman formalized a landmark $600 billion economic partnership in Riyadh. The agreement, marked by substantial […]