Conference Board survey shows pervasive pessimism over U.S. economy
U.S. consumer confidence sinks to early pandemic levels as inflation and tariffs fuel recession fears among Americans....
Tag : U.S. economy
Wall Street steadies as stock futures inch higher post-sell-off
U.S. stock futures rise as markets stabilize following a sharp sell-off triggered by recession concerns and economic uncertainty....
Kiyosaki: U.S. debt is unsustainable, Bitcoin is “money with integrity”
Robert Kiyosaki calls Bitcoin’s latest price crash a chance to buy, blaming economic instability on rising U.S. debt and urging investors to shift to Bitcoin,...
U.S. jobless claims rise to 242,000, highest level in three months
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains...
U.S. Treasury yields drop despite stronger-than-expected inflation data
Treasury yields declined despite inflation data exceeding forecasts. Investors focused on upcoming Fed signals as markets awaited the PCE index to gauge inflation trends and...
Trump moves to eliminate penny, citing millions in taxpayer losses
Trump directs Treasury to halt penny production, citing high costs. The U.S. Mint loses millions annually, fueling debate over the coin's future amid rising metal...
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
U.S. stocks dropped Monday after Trump announced tariffs on China, Mexico, and Canada, but pared losses after he delayed Mexico tariffs for one month following...
Investors eye inflation data as Treasury yields hit fresh highs
The 10-year Treasury yield hit a 14-month high as investors await inflation reports, with key data on producer and consumer prices expected to influence Federal...
Gold reaches record high amid weak dollar and rate cut hopes
Amid a weakening dollar and rising expectations of a Fed rate cut, gold prices reached a record high of $2,500.99 per ounce, signaling strong market...
U.S. consumers ramp up retail spending in July despite high prices
Consumer spending in the U.S. experienced a notable boost in July, with retail sectors like autos and electronics leading the gains....