U.S. jobless claims saw a significant decrease this week, falling below market expectations and potentially impacting financial markets. Initial claims were reported at 220,000 for the week ending […]
Representative Davidson Introduces Bill to Use Bitcoin for Federal Taxes
A groundbreaking proposal aimed at transforming federal tax payments in the United States has been introduced by Representative Warren Davidson. The ‘Bitcoin for America Act’ suggests that taxpayers […]
Representative Davidson Proposes Using Bitcoin for Federal Taxes, Aiming to Strengthen U.S. Economic Resilience
Congressman Warren Davidson has introduced a bill that could revolutionize how the US taxes its citizens: allowing payment of federal taxes using Bitcoin. This legislation, dubbed the “Bitcoin […]
U.S. Vice President Vance Warns Market Volatility Expected From Employment Report
U.S. Vice President Marcus Vance has warned investors about anticipated volatility in the stock market following the release of the upcoming non-farm employment report. His statement underscores the […]
Bitcoin Dips Despite Fed Minutes: Can Rate Cuts Happen in December?
Bitcoin’s price continues to decline, adding to the uncertainty surrounding the Federal Reserve’s future actions. The minutes from the recent FOMC meeting offer clues about the potential direction […]
Trump Suggests Replacing Powell as Fed Chair, Sparking Market Uncertainty
Recent reports suggest that former President Donald Trump may be considering replacing current Federal Reserve Chair Jerome Powell. Though no official confirmation has been provided by either the […]
Delayed US Economic Data Wave to Shape Markets in Next 45 Days
A significant wave of delayed U.S. economic reports is poised to significantly influence market sentiment over the next 45 days. This data deluge will shape expectations for rate […]
U.S. Grocery Bills Surge to All-Time High of $1,030 Per Month
American families are grappling with the highest monthly grocery costs in decades, as new data reveals the average cost of feeding a family of four has reached an […]
Government Shutdown Expected to Slow US Economy in Q4
The ongoing U.S. government shutdown may have a negative impact on the country’s Gross Domestic Product (GDP) during the fourth quarter, according to Kevin Hassett, Director of the […]
US Stock Market Soars: Indices Open Higher Driven by Positive Sentiment
The US stock market opened strong today, with major indices climbing significantly following a wave of positive news and trends. Analysts cite robust corporate earnings reports, encouraging economic […]
House Votes on Government Shutdown Tonight: What You Need to Know
The U.S. House is set to vote on a government shutdown bill at midnight (UTC) Thursday, with the outcome having far-reaching implications for millions of Americans. This decision […]
US Treasury Identifies ‘Inherited’ Affordability Crisis
Treasury Secretary Bessent acknowledged a longstanding affordability crisis in the US economy, stating it stems from past economic policies and mismanagement. This declaration comes amidst rising costs for […]
U.S. Government Shutdown Impacts Economic Reports Delaying Crucial Data Releases
The resolution of the U.S. government shutdown is shedding light on a potential backlog of economic data releases that have been delayed for over a month, impacting Wall […]
Daly Weighs U.S. Economic Challenges Amidst Tariff Impact
Federal Reserve’s Richard Clarida recently voiced concerns about the U.S. economy facing a potential slowdown due to weak demand, according to Odaily news. However, he also indicated that […]
Trump Unveils $2,000 Tariff Dividend Plan for U.S. Citizens
In a bold move, former President Donald Trump has proposed a proposal to distribute a $2,000 tariff dividend to every American citizen, with the exception of high-income earners. […]