Bitcoin has soared past $100,000 for the first time since February, driven by a new U.S.-U.K. trade deal despite President Trump’s ongoing criticism of Fed Chair Jerome Powell. Other cryptocurrencies like Ethereum and Solana also saw significant gains.
Stocks rose on Thursday following the announcement of a trade agreement between the U.S. and U.K., as investors eagerly await more details from President Trump amidst ongoing tariff negotiations.
U.S. consumer spending rose by 0.4% in February, reversing January's decline as inflation concerns mount amid escalating trade tensions and tariffs imposed by President Trump.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
Despite fears of an economic slowdown, February retail sales showed unexpected growth, rising 0.2%. Experts weigh in on consumer spending and inflation's impact on the economy.
U.S. consumer prices saw a modest rise in February, driven by shelter costs, while airline fares fell. The Federal Reserve may hold interest rates steady, but trade war fears loom over future inflation.
China's consumer price index has dropped at the fastest rate in 13 months, prompting concerns over economic health amid a trade war with the U.S. Analysts predict continued deflationary pressures and a cautious consumer outlook.
The US unemployment rate has risen to 4.1%, sparking concerns about the economy's health amid trade war fears and federal job losses. Discover the implications of this latest jobs report.
U.S. equities faced a steep decline on Thursday as uncertainty surrounding trade policies and tariff decisions left investors wary. With the February jobs report looming, concerns about hiring and economic strength intensified, leading to significant drops in key tech stocks.
February witnessed a staggering spike in layoffs, with over 172,000 jobs cut, marking the highest total since 2009. As federal spending is slashed, economic uncertainty looms, raising concerns about a potential recession.
