Economics
Why we're adding far fewer jobs than the White House claims
With jobs overestimated and costs underestimated, it's easy to sour on Bidenomics.
With jobs overestimated and costs underestimated, it's easy to sour on Bidenomics.
The Chinese economy's prolonged stagnation is raising questions about the nation's future.
The Swiss National Bank (SNB) has unexpectedly lowered its interest rates for the second time in a row, reflecting growing concerns about the global economy.
Former President Donald Trump has proposed eliminating the federal income tax in favor of import tariffs, sparking a heated debate among economists and policymakers about its potential economic impact.
MicroStrategy has acquired an additional 11,931 bitcoins for approximately $786 million, raising its total holdings to about 226,331 bitcoin.
The Swiss National Bank has cut its main policy rate by 25 basis points to 1.25%, citing reduced inflationary pressure.
For the first time in American history, interest on the national debt has crossed $1 trillion, with projections indicating it could reach $3 trillion in just five years.
Cathedra Bitcoin plans to merge with Kungsleden and list on a major U.S. stock exchange by the second half of 2024.
With jobs overestimated and costs underestimated, it's easy to sour on Bidenomics.
The Chinese economy's prolonged stagnation is raising questions about the nation's future.
The Swiss National Bank (SNB) has unexpectedly lowered its interest rates for the second time in a row, reflecting growing concerns about the global economy.
Former President Donald Trump has proposed eliminating the federal income tax in favor of import tariffs, sparking a heated debate among economists and policymakers about its potential economic impact.
MicroStrategy has acquired an additional 11,931 bitcoins for approximately $786 million, raising its total holdings to about 226,331 bitcoin.
The Swiss National Bank has cut its main policy rate by 25 basis points to 1.25%, citing reduced inflationary pressure.
For the first time in American history, interest on the national debt has crossed $1 trillion, with projections indicating it could reach $3 trillion in just five years.
Cathedra Bitcoin plans to merge with Kungsleden and list on a major U.S. stock exchange by the second half of 2024.
Japan's Norinchukin Bank will sell over $63 billion in U.S. and European government bonds by March 2025 in an attempt to curb record-high losses.
New data from the University of Michigan's consumer sentiment survey reveals a sharp decline in confidence.
Recent economic indicators reveal the U.S. is on the brink of a recession, with weak retail sales, declining employment, and rising consumer pessimism confirming a significant economic downturn.
The CBO has increased the federal budget deficit projection by $400 billion for this year, driven by higher spending on military, student loans, Medicaid, and FDIC insurance.
CleanSpark has acquired five new bitcoin mining sites in rural Georgia for $25.8 million, adding 60 MW of capacity.
California's recent minimum wage increase to $20 for fast food workers and $23 for healthcare aides has led to significant layoffs, business closures, and rising automation, challenging the viability of entry-level employment.
