Conference Board survey shows pervasive pessimism over U.S. economy
Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board...
Tag : U.S. economy
Wall Street steadies as stock futures inch higher post-sell-off
U.S. stock futures edged higher on Tuesday following a sharp sell-off on Wall Street driven by growing recession fears. Investors appeared to reassess economic conditions...
Kiyosaki: U.S. debt is unsustainable, Bitcoin is “money with integrity”
Rich Dad Poor Dad author Robert Kiyosaki has once again shared his views on Bitcoin and the global financial landscape, emphasizing his preference for alternative assets amid economic uncertainty. In a...
U.S. jobless claims rise to 242,000, highest level in three months
The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S....
U.S. Treasury yields drop despite stronger-than-expected inflation data
U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The 10-year Treasury yield fell by 8 basis...
Trump moves to eliminate penny, citing millions in taxpayer losses
President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing...
Nasdaq, S&P 500 drop as trade tensions rise with new U.S. tariffs
U.S. stocks declined on Monday following President Donald Trump's announcement of new tariffs on China, Mexico, and Canada. However, major indices pared early losses mid-morning...
Investors eye inflation data as Treasury yields hit fresh highs
The 10-year U.S. Treasury yield reached a 14-month high on Monday, reflecting investor anticipation ahead of key inflation reports set for release this week. The...
Gold reaches record high amid weak dollar and rate cut hopes
Gold prices reached unprecedented heights this week, hitting a record of $2,500.99 per ounce amid weakening U.S. dollar and heightened anticipation of a Federal Reserve...
U.S. consumers ramp up retail spending in July despite high prices
In a strong rebound, U.S. shoppers ramped up their spending in July, registering a 1% increase from June - the highest growth in retail sales...