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Economy
Powell Warns: Spending Cuts Alone Won’t Fix US Debt
- By Humesh Verma
- . June 18, 2025
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
Dow, S&P 500, Nasdaq Futures Sink Amid Global Tensions
- By Humesh Verma
- . June 18, 2025
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
Oil Prices Jump 3% As Middle East Tensions Explode
- By Humesh Verma
- . June 18, 2025
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 Warns EU on Trade, Tariff Pause Ends July 8
- By Humesh Verma
- . June 18, 2025
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
Why U.S. Retail Sales Just Dropped Nearly 1% in May
- By Humesh Verma
- . June 18, 2025
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 Confidence Bounces Back in June After 6-Month Dip
- By Humesh Verma
- . June 16, 2025
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
U.S. Consumer Mood Surges 16% in June: First Rise of 2025
- By Humesh Verma
- . June 15, 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
Is a 2025 Recession Coming? Key Economic Forecasts Explained Simply
- By Humesh Verma
- . June 7, 2025
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
U.S. Stock Market Surges After Surprising Jobs Report
- By Humesh Verma
- . June 7, 2025
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 Food Prices Dip Again: Big Relief For Consumers
- By Humesh Verma
- . June 7, 2025
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