President Trump announced a reduction in tariffs on UK car exports to the U.S., marking a significant development in trade relations between both nations. Key details of this […]
U.S. Jobless Claims Drop, Signaling Labor Market Stability Amid Rising Tariff Concerns
A surprising decrease in U.S. initial jobless claims last week offers a glimmer of hope for the labor market despite increasing tariff risks. According to BlockBeats, the number […]
Federal Reserve Chair Powell Addresses Meeting Protocol with President
Federal Reserve Chair Jerome Powell has clarified his meeting protocol with U.S. Presidents, stating he has never requested a meeting and will not do so in the future. […]
Powell Focus: Fed’s May Meeting to Unveil Recession Clues
The Federal Reserve’s upcoming May meeting is shaping up to be a closely watched event. Despite nearly unanimous expectation of keeping interest rates steady at 4.25% – 4.50%, […]
Federal Reserve Faces Complex Dilemma Amid Trump’s Tariff Policies
The U.S. Federal Reserve is facing a difficult decision amid President Donald Trump’s tariff policies that have created economic uncertainty. The central bank is caught between addressing a […]
US Debt Ceiling Approaches Critical Point, Treasury Secretary Warns
Treasury Secretary Scott Bessent has issued a warning that the United States is nearing its debt limit, adding urgency to the crucial fiscal matter. While he acknowledged receipt […]
U.S. Economic Agenda Makes Progress: Tariffs Reduced, IRS Budget Cut
U.S. Treasury Secretary Janet Besent is highlighting progress on President Trump’s economic agenda, citing significant tariff reductions as evidence of success. In addition, the Department has reportedly saved […]
Arthur Hayes Doubts US Bitcoin Purchases Despite Growing Reserve Bill Support
Bitcoin expert Arthur Hayes casts doubt on the likelihood of the US purchasing additional BTC, citing concerns over public perception and the country’s mounting national debt. While Senator […]
Polymarket Predicts 59% Chance of US Recession in 2025
The online prediction platform, Polymarket, projects a significant probability of the U.S. economy entering a recession by the year 2025. Data from Polymarket’s official website reveals a prediction […]
Trump Remains Undeterred by Economic Slowdown, Seeks Fed Rate Cut
President Donald Trump dismissed concerns about a potential recession, claiming the nation is currently experiencing a transitional phase and asserting confidence in a prosperous future. He attributed slower […]
U.S. Job Market Hesitates as Non-Farm Payroll Report Delays Fed Action
The U.S. economy’s job market remains dynamic, with the upcoming Non-Farm Payrolls report impacting the Federal Reserve’s expected rate cuts. The report’s postponement highlights the uncertainty surrounding future […]
Senator Lummis Introduces Bitcoin Act: A Strategic Reserve for U.S. Economy
Senator Cynthia Lummis has introduced the BITCOIN Act, a legislative proposal that would create a strategic Bitcoin reserve for the United States. The initiative aims to acquire 1 […]
US Non-Farm Payrolls Surge; Dollar Strengthens
The U.S. Bureau of Labor Statistics released its April 2025 non-farm payrolls report, exceeding expectations and showcasing a robust job market. The data led to a strengthening dollar, […]
US Job Growth Fuels Market Expectations: What it Means for Crypto Investors
A robust US job market saw a significant surge in hiring, exceeding expectations and prompting interest rate discussions that directly impact the crypto world. The April Nonfarm Payrolls […]
Apple Invests $19 Billion in US Chip Production: A Step Towards Domestic Tech Resilience
Apple has made a significant move towards strengthening American semiconductor manufacturing, pledging to invest $19 billion in chips produced within the U.S. This bold decision reflects a broader […]