U.S. Treasury Secretary Janet Yellen anticipates major trade agreements will bolster the US deficit, citing anticipated tariff revenue as a key driver of optimistic economic projections. Her announcement […]
Stablecoin Regulation Expected To Boost U.S. Economy, Says Advisor
David Sacks, White House advisor on crypto and AI, highlights the potential economic benefits of the recently passed Senate bill regulating stablecoins. The GENIUS Act, which provides a […]
Cryptocurrency Market Thrives Amidst Surprise in US PMI Data
Recent U.S. economic data, particularly the S&P PMI report, has highlighted a surprising increase in average prices since August 2022. This surge, as indicated by the initial release, […]
U.S. Jobless Claims Hit Lowest Since April
The US labor market continues to demonstrate strength with initial jobless claims dropping to 227,000 in the latest week, the lowest level since April 19th. This figure fell […]
BPI Proposes US Strategic Bitcoin Reserve for Global Leadership
The Bitcoin Policy Institute (BPI) has unveiled a policy manifesto urging the U.S. to take leadership in Bitcoin infrastructure development. The manifesto, released on May 21st, outlines strategic […]
Standard Chartered Forecasts US Interest Rate Cuts in 2025
Investment giant Standard Chartered predicts the US Federal Reserve will cut interest rates in 2025, aiming to stabilize the bond market and boost economic growth. This forecast anticipates […]
Gold Soars as Investors Seek Safe Haven Amid US Fiscal Uncertainty
Gold prices rallied for a fourth consecutive day on Thursday, climbing to a new record high of nearly $3,336 an ounce. This surge in gold is driven by […]
US Bitcoin’s Rise: A New Era of Prosperity Begins?
River Financial has released a report titled ‘America Report 2025’, which explores the US position as a potential leader in the world of Bitcoin and its impact on […]
Trump Faces Pressure as Tax Bill Stalls in House
President Trump has warned that Americans may face significant tax hikes if the proposed tax bill, often referred to as “the big beautiful bill,” is not passed. The […]
US Corporate Bankruptcy Rate Soars Amidst Economic Turmoil
A record surge in corporate bankruptcies has been observed across the United States this year, marking the highest number in over a decade. This alarming trend is attributed […]
Kashkari Warns of Economic Uncertainty Amid Tariff Concerns
Despite a robust start to the year, Federal Reserve official Neel Kashkari has expressed concerns about the current economic environment. He points to unresolved tariff issues as a […]
Trump Refutes Moody’s US Credit Downgrade
Former President Donald Trump has publicly contradicted Moody’s recent decision to downgrade the U.S.’s credit rating. The White House confirmed his opposition, highlighting their belief that the agency’s […]
US-China Tariff Deal Signals Easing Trade Tensions
A historic deal between the US and China has brought a temporary halt to escalating trade tensions, sending shockwaves through global markets. The agreement reduces tariffs on goods […]
Williams Highlights Positive Economic Trends as Unemployment Remains Balanced
Federal Reserve official John Williams emphasized a positive outlook on the US economy. In his remarks to CNBC, he noted that recent economic indicators suggest the country’s near-full […]
Moody’s Downgrade Impacts US Economy: Fed’s Bostic Highlights Key Concerns
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 […]