U.S. Economy Contracts Sharply in Q1 2025: Key Factors and Implications
The U.S. economy contracted at an annualized rate of 0.5 percent in the first quarter of 2025, according to the third estimate (BEA).
Latest Insights
U.S. Strike on Iran Escalates Crisis: Trillions in Economic Opportunities Lost, Retaliation Imminent
In a sharp escalation of hostilities, the United States in the new Trump-era, has launched direct...
Why Oil Prices Could Skyrocket Beyond $100
The world sits on the edge of a potential oil shock. As...
Moody’s Downgrades U.S. Credit Rating – Here’s Why It Matters
The United States has lost its last perfect credit rating after Moody’s Investors Service downgraded...
Turkish Lira Hits Record Low as Political Turmoil Intensifies
The Turkish lira hit a record low amid rising political turmoil, with...
Fed Holds Rates, Signals Cuts—Growth Slows, Inflation Pressures Rise
The Fed kept rates steady but reaffirmed plans for cuts as growth slows and inflation...
IMF Approves $1.2 Billion for Egypt, Strengthening Economic Reform Efforts
Egypt has secured a $1.2 billion disbursement from the IMF, reinforcing its commitment to economic reform as part of...
U.S. Stock Market Declines Amid Economic Uncertainty
U.S. financial markets saw significant declines, with the S&P 500 falling 1.4%, the Dow Jones dropping 380 points,...
NVIDIA Suffers Historic One-Day Market Value Loss
NVIDIA faced a record-breaking single-day drop in market capitalization, losing 9.5% and erasing $278...
US Inflation Cools in July 2024: Lowest Rate Since March 2021
US inflation fell to 2.9% in July 2024, its lowest since March 2021, driven by slower increases in...
U.S. Oil Production Reaches Record High, Leading Global Market
U.S. crude oil production has hit a record 13.4 million...
Turkey's Unemployment Rate Rises to 9.2% in June 2024
Turkey's unemployment rate increased to 9.2% in June 2024, the highest level since August 2023. The...
Japan's Tough Choices: Yen Intervention vs. Rate Hikes Amid Global Financial Risks
All available choices for Japan carry severe potential consequences....
Global Markets Plummet on U.S. Recession Fears as Dow Drops 1000 Points
Global markets plunged on concerns about a potential U.S. recession, with...
Japan's Nikkei Suffers Worst Drop Since 1987 Black Monday
Japan's Nikkei 225 experienced its worst decline since the 1987 Black Monday crash,...
Trump Pledges to Retain U.S. Bitcoin Holdings if Re-Elected
In a keynote speech at the Bitcoin Conference in Nashville,...
Apple Slips Out of Top Five in China
In a surprising shift in the Chinese smartphone market, Apple has fallen out of the top five vendors...
U.S. Wage Growth Trends in June 2024: Key Insights
Here's a breakdown of the latest wage trends based on the June 2024 report from the U.S....
Understanding the U.S. June 2024 Jobs Report: Insights and Analysis
The latest jobs report from the U.S. Bureau of Labor Statistics reveals a nuanced picture of the...