The US PCE inflation rate, a key indicator for the Federal Reserve’s policy decisions, has unexpectedly fallen to its lowest point in eight months. The Commerce Department reported […]
J.D. Vance Predicts Massive Adoption of Bitcoin as Safeguard Against Inflation and Government Control
Vice President J.D. Vance has expressed strong support for Bitcoin and cryptocurrencies, viewing them as a potential solution to economic challenges like inflation and governmental interference. In a […]
Next FOMC Meeting: June 17-18, 2025, Key Dates & Insights
The Federal Open Market Committee (FOMC) sets the US monetary policy by determining the target range for the federal funds rate, which impacts borrowing costs across the economy. […]
U.S. Weighs 15% Tariff Increase for 150 Days
The U.S. administration under President Trump is exploring the possibility of implementing tariffs at a rate as high as 15%. This measure would be in effect for a […]
US Budget Deficit Raises Economic Concerns, Posing Potential Growth Stimulants
The escalating US budget deficit is prompting lively economic discussions. Citigroup’s equity strategist Scott Chronert has highlighted the potential impact of new legislation on the national economy. His […]
US Dollar Gains Momentum: Key Court Ruling Fuels Market Optimism
The US dollar is experiencing a significant uptick, driven in part by recent positive developments within the U.S. legal system that have boosted investor confidence. This upward trend […]
Trump Tariffs Blocked: Legal Battle Continues Over Economic Powers
A federal court has halted the Trump Liberation Day tariffs, citing that the president exceeded his authority in enacting trade policies. This major legal setback raises questions about […]
US Court Ruling Threatens UK Trade Deal and Car Exports
A recent court ruling against former President Donald Trump’s global tariff policy has cast uncertainty over the future of Britain’s trade agreement with the United States, potentially hindering […]
U.S. Jobless Claims Surge Past Projections
The U.S. reported a surge in initial jobless claims for the week ending May 24, reaching 240,000, exceeding market expectations of 230,000. This marked an increase from the […]
U.S. GDP Shows Slight Improvement in First Quarter
New data from Odaily reveals that the U.S.’s first-quarter real GDP growth rate has been revised upward, showing a decrease of -0.2%. This represents an improvement over the […]
Court Strikes Down Trump Tariffs, Impacting US Trade Policy
A major blow to the White House trade strategy has been dealt by a federal court ruling that has blocked the controversial Trump tariffs. The decision now raises […]
Trump’s Tariff Setback Pushes Dollar Up While Crypto Markets Remain Unfazed
Crypto markets remained relatively calm amidst a surge in the US dollar following a court ruling that temporarily blocked President Trump from imposing sweeping import tariffs on American […]
Recession Concerns Surge as Uncertainty Engulfs US Economy
Experts are raising alarm bells about a potential recession looming over the United States economy, fueled by growing uncertainties and economic instability. Neel Kashkari, President of the Minneapolis […]
US Households Maintain Financial Stability Amid Inflation Concerns
Despite ongoing inflation worries, a new Federal Reserve survey shows that 73% of US households report stable financial situations. However, inflation continues to have a significant impact on […]
Trump Endorses Bitcoin Act, Pledges $1 Million BTC Reserve
In a move that sends shockwaves through the financial world, Donald Trump has publicly endorsed the Bitcoin Act, proposing the US government purchase one million Bitcoin. This unprecedented […]