Japan may sell US Treasuries to support the yen, potentially affecting US debt demand and interest rates following costly but minimally impactful interventions.
Washington plans to issue restricted licenses to companies with existing operations in Venezuela to boost oil production amid sanctions.
Canada is experiencing its longest and deepest decline in standard of living since 1985, with significant drops in real GDP per person since 2019.
Gen Z faces escalating debt and financial instability, worsened by economic challenges like inflation and rising housing costs.
Recent CPI data indicates a surprising economic slowdown, highlighted by disinflation and weakening consumer spending.
In Q1 2024, U.S. household debt reached a record $17.69 trillion, accompanied by rising delinquency rates and growing financial strain among consumers.
Following U.S. tariffs on Chinese goods, European officials are urgently strategizing to protect local markets from potential overflow and escalating trade tensions.
President Biden's plan to lift the $10,000 SALT deduction cap could significantly reduce taxes for high-income donors in Democrat-led high-tax states.
Japan may sell US Treasuries to support the yen, potentially affecting US debt demand and interest rates following costly but minimally impactful interventions.
Washington plans to issue restricted licenses to companies with existing operations in Venezuela to boost oil production amid sanctions.
Canada is experiencing its longest and deepest decline in standard of living since 1985, with significant drops in real GDP per person since 2019.
Gen Z faces escalating debt and financial instability, worsened by economic challenges like inflation and rising housing costs.
Recent CPI data indicates a surprising economic slowdown, highlighted by disinflation and weakening consumer spending.
In Q1 2024, U.S. household debt reached a record $17.69 trillion, accompanied by rising delinquency rates and growing financial strain among consumers.
Following U.S. tariffs on Chinese goods, European officials are urgently strategizing to protect local markets from potential overflow and escalating trade tensions.
President Biden's plan to lift the $10,000 SALT deduction cap could significantly reduce taxes for high-income donors in Democrat-led high-tax states.
April's U.S. inflation dipped to 3.4% despite rising shelter and gasoline costs, impacting potential Federal Reserve actions.
April's PPI surged to 6.2%, signaling escalating inflation and raising concerns of stagflation amid economic slowdown and increased government spending.
Indeed's layoffs and the decline in consumer confidence signal deepening challenges in the U.S. labor market and broader economic instability.
The Bureau of Labor Statistics reports a significant rise in April's Producer Price Index, surpassing expectations and reinforcing concerns about persistent inflation.
Federal Reserve Chair Jerome Powell stated that the central bank is unlikely to raise interest rates despite ongoing inflation concerns.
The Biden will quadruple tariffs on Chinese electric vehicles to 100%, alongside increased tariffs on other Chinese goods like steel, aluminum, and lithium-ion batteries.
