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 […]
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 […]