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Powell
Economy

Powell Warns: Spending Cuts Alone Won’t Fix US Debt

Washington, D.C. – Federal Reserve Chair Jerome Powell has issued a stern warning to lawmakers, emphasizing that merely cutting discretionary spending won’t be enough to

Nasdaq
Economy

Dow, S&P 500, Nasdaq Futures Sink Amid Global Tensions

Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all slipped into negative territory early Monday as growing geopolitical tensions pushed

prices
Economy

Oil Prices Jump 3% As Middle East Tensions Explode

Oil prices saw a sharp increase of almost 3% on Monday, as rising geopolitical tensions in the Middle East shook global energy markets. This surge

Trump
Economy

Trump Warns EU on Trade, Tariff Pause Ends July 8

Former U.S. President Donald Trump has reignited global trade tensions with fresh accusations against the European Union, claiming the bloc has engaged in unfair trade

Retail
Economy

Why U.S. Retail Sales Just Dropped Nearly 1% in May

Retail sales in the United States declined by 0.9% in May 2025, according to new data released by the U.S. Census Bureau. This marks the

Consumer
Economy

Consumer Confidence Bounces Back in June After 6-Month Dip

In a significant turn for the U.S. economy, the University of Michigan’s Consumer Sentiment Index saw a sharp rise in June 2025, jumping to 60.5

Consumer
Economy

U.S. Consumer Mood Surges 16% in June: First Rise of 2025

After months of economic uncertainty and declining confidence, Americans are finally feeling more optimistic. According to the University of Michigan’s preliminary report, U.S. consumer sentiment

Economic
Economy

Is a 2025 Recession Coming? Key Economic Forecasts Explained Simply

As we move deeper into 2025, economic analysts worldwide are closely watching key indicators that suggest a potential slowdown in global and national economies. Some

market
Economy

U.S. Stock Market Surges After Surprising Jobs Report

In a surprising turn, the U.S. stock market ended Friday on a high note as major indexes rallied following the release of a stronger-than-expected jobs

global
Economy

Global Food Prices Dip Again: Big Relief For Consumers

Global food commodity prices saw a notable decline in May, primarily due to falling prices in cereals and vegetable oils, according to a new report