The U.S. budget deficit has surged by 20% this July compared to last year, even with record customs revenue from Trump's tariffs. As spending increases, the financial outlook raises concerns over inflation and job opportunities.
As investors gear up for a crucial inflation report, stock futures show minimal movement. The market is on edge, waiting to see how the Federal Reserve will react to potential interest rate changes amidst rising equity valuations.
In a surprising move, Australia's central bank has cut its benchmark lending rates by 25 basis points, downgrading the economic growth forecast amidst weak public demand. With inflation dropping significantly, experts predict further rate cuts could follow.
New inflation data reveals a significant rise in core inflation, indicating that U.S. businesses may soon pass on tariff-related costs to consumers. Will this lead to higher prices in everyday goods?
New research reveals that President Trump's tariffs are about to significantly increase consumer prices. With companies facing rising costs, the burden will shift to shoppers, potentially reaching 67% of tariff costs. Find out how this affects your wallet!
U.S. stock futures climbed slightly as investors prepare for crucial inflation reports this week, with the market nearing all-time highs. Apple’s rally boosts investor sentiment, but concerns over high valuations and economic outlook linger.
A top Federal Reserve official advocates for interest rate cuts after a disappointing jobs report, raising concerns about inflation and economic stability. Will the Fed act to boost the economy?
As President Trump intensifies pressure on the Federal Reserve to cut interest rates, the central bank is expected to hold its ground, citing strong economic indicators despite rising inflation fears linked to tariffs.
As the Fed prepares for a crucial meeting, President Trump faces disappointment as interest rates are likely to remain unchanged. With rising tariffs and inflation concerns, a debate brews among Fed governors about the need for a rate cut.
In a surprising claim, Donald Trump asserts he has stopped six wars globally, discussing ongoing conflicts in Gaza and Ukraine. Amidst negotiations for hostages, he emphasizes the need for food aid in Gaza and criticizes current leaders.
