Economy News

Global economy, politics, stock markets, gold, oil and more.

Dollar Faces Deep Decline as Fed Cuts Pressure Currency, Warns Morgan Stanley

Morgan Stanley has issued a cautionary outlook on the U.S. dollar, predicting a major decline over the coming year as Federal Reserve rate cuts take hold.

06.06.2025 18:00 2 min. read Alexander Stefanov

Trillions in Debt Payments Could Break U.S. Economy, Ray Dalio Predicts

Legendary investor Ray Dalio has issued a stark warning about the trajectory of U.S. government finances, suggesting the country is drifting toward a series of severe economic shocks unless its debt spiral is urgently addressed.

06.06.2025 12:00 1 min. read Alexander Stefanov

Wall Street Veteran Warns Tariffs Could Disrupt AI-Driven Market Rally

Steve Eisman, the famed investor known for forecasting the 2008 housing collapse, is sounding the alarm—not on overvalued tech stocks or interest rates, but on the escalating risk of global trade disputes.

05.06.2025 12:00 1 min. read Alexander Stefanov

Elon Musk Says Congress Is Bankrupting America

Tensions are escalating in Washington as Elon Musk publicly condemned a sweeping federal spending bill backed by Donald Trump, accusing lawmakers of driving the U.S. toward bankruptcy.

04.06.2025 14:00 2 min. read Alexander Stefanov

Trump Defends Tariffs as Legal Battles and Global Trade Talks Escalate

Donald Trump is doubling down on his pro-tariff stance, crediting the policy for what he calls a booming U.S. economy.

03.06.2025 21:00 2 min. read Alexander Stefanov

Robert Kiyosaki Warns of Deepening Financial Crisis, Urges Shift to Bitcoin and Precious Metals

Robert Kiyosaki, author of Rich Dad Poor Dad, has raised alarm bells once again—this time warning that the financial system may already be in the early stages of a historic downturn.

03.06.2025 17:00 1 min. read Alexander Stefanov

Jamie Dimon Warns U.S. Risks Losing Dollar Dominance Without Swift Reform

JPMorgan Chase CEO Jamie Dimon has delivered a stark message about America’s financial trajectory, cautioning that the U.S. dollar’s role as the world’s reserve currency could come under threat if deep-rooted fiscal problems aren’t addressed soon.

02.06.2025 8:00 1 min. read Alexander Stefanov

Jamie Dimon Predicts Bond Market Shock, Urges U.S. to Fix Its Foundations

Jamie Dimon, CEO of JPMorgan Chase, has voiced fresh concerns about the state of the U.S. economy, warning that financial markets may be heading into troubled waters—particularly the bond market.

01.06.2025 11:00 2 min. read Alexander Stefanov

Trump Reignites Trade War, Accuses China of Breaking Deal

The trade standoff between the U.S. and China took a sharp turn on Friday after President Donald Trump accused Beijing of breaching a recently struck economic agreement.

30.05.2025 18:00 1 min. read Alexander Stefanov

Wall Street Analyst Sees Bright Side of Ballooning U.S. Debt

Despite growing concerns over America’s swelling budget deficit, Citigroup’s U.S. equity strategist Scott Chronert believes the situation could bring short-term gains to the broader economy—even if it comes at a cost to market valuations.

30.05.2025 8:00 2 min. read Alexander Stefanov

Robert Kiyosaki Warns of Economic Breakdown, Calls Bitcoin a Lifeline

Robert Kiyosaki, author of Rich Dad Poor Dad, is sounding a dire alarm over what he describes as the beginning of financial chaos in the U.S.—a scenario he believes will wipe out millions financially.

28.05.2025 16:00 1 min. read Alexander Stefanov

Billionaire Warns U.S. Debt Crisis Could Deepen After New Bill

Billionaire investor Chamath Palihapitiya is sounding the alarm over a new piece of legislation that he believes could accelerate America’s financial decline.

28.05.2025 15:00 1 min. read Alexander Stefanov

Dollar Decline on the Horizon as Fed Pivot Looms, Morgan Stanley Warns

The U.S. dollar may be heading into a period of extended weakness, and that could spell good news for equities, according to Morgan Stanley’s chief investment officer, Mike Wilson.

26.05.2025 17:00 1 min. read Alexander Stefanov

New Country Joins BRICS Bank, Boosting Momentum to Move Beyond the Dollar

In a move that underscores the global pivot away from U.S. dollar dominance, Algeria has officially joined the BRICS New Development Bank (NDB).

24.05.2025 16:00 1 min. read Alexander Stefanov

U.S. Fiscal Alarm Bells Ring as Debt Soars and Economists Call for Safe Havens

As Washington pushes forward with new tax cuts and military funding, a growing number of economists are sounding the alarm on America’s ballooning debt.

24.05.2025 9:00 2 min. read Alexander Stefanov

Japan’s Inflation Hits 3.5% as Food Prices Soar and Tariff Risks Loom

Japan’s core inflation rose to 3.5% in April, the highest since early 2023, fueled by rising domestic prices and lingering trade tensions with the U.S.

23.05.2025 21:00 1 min. read Alexander Stefanov

Economic Instability and Political Shift Fueling Bitcoin’s Rise – Galaxy Digital CEO

Mike Novogratz, the head of Galaxy Digital, believes the current state of the U.S. economy—and shifting attitudes in Washington—are creating ideal conditions for Bitcoin and the broader crypto market.

23.05.2025 12:00 2 min. read Alexander Stefanov

US Dollar Dominance Under Threat Amid Yuan’s Global Ambitions

The dominance of the US dollar as the world’s primary reserve currency is facing mounting challenges.

22.05.2025 14:00 2 min. read Alexander Stefanov

Brazil Pours Cold Water on BRICS Currency Hopes, Citing Major Asset Gap

Talks of a unified BRICS currency capable of challenging the U.S. dollar have hit a stark reality check. Brazil’s central bank has made it clear: there simply isn’t enough financial firepower within the bloc to support such an ambitious move.

22.05.2025 10:00 1 min. read Alexander Stefanov

Cathie Wood Sees Unexpected Upside in Tariff Tensions

As markets react nervously to renewed trade measures under President Trump, ARK Invest founder Cathie Wood is taking a contrarian stance: she believes the current disruption could ultimately unlock more open markets and long-term growth.

20.05.2025 18:00 1 min. read Alexander Stefanov

China Quietly Advances Yuan as Dollar Alternatives Gain Ground

As the global balance of financial power slowly shifts, China is making strategic moves to elevate the yuan as a serious alternative in international trade.

20.05.2025 17:00 2 min. read Alexander Stefanov

Billionaire Warns of Slowing U.S. Growth, Sees 45% Chance of Downturn

Despite recent signs of economic strength, billionaire investor Steve Cohen remains cautious about the U.S. outlook, warning that growth may be slowing more than the markets care to admit.

20.05.2025 14:00 1 min. read Alexander Stefanov

U.S. Set to Loosen Bank Capital Rules Amid Growing Regulatory Debate

The U.S. government is reportedly preparing to loosen capital reserve requirements for major banks, a move that could reshape how financial institutions manage risk — and reignite debate over regulatory safeguards.

20.05.2025 11:00 2 min. read Alexander Stefanov

Japan Faces Mounting Financial Stress as Bond Market Cracks

A wave of economic red flags is shaking confidence in Japan’s fiscal health.

20.05.2025 9:00 1 min. read Alexander Stefanov

This Country Just Banned the U.S. Dollar in Domestic Transactions

A bold monetary shift is underway in East Africa, where one nation has outlawed the use of foreign currencies — including the U.S. dollar — for all local transactions, signaling a firm step toward financial sovereignty.

19.05.2025 19:00 2 min. read Alexander Stefanov

China Dumps U.S. Treasuries as Global Holdings Hit Record High

As global demand for U.S. debt surges, China is heading in the opposite direction.

19.05.2025 14:00 2 min. read Alexander Stefanov

U.S. Credit Rating Cut by Moody’s Over Soaring Debt and Deficits

The United States has officially lost its last remaining top-tier credit rating, as Moody’s has downgraded the country’s long-standing AAA status to AA1.

19.05.2025 10:00 2 min. read Alexander Stefanov

Trump Renews Attack on Fed Chair, Calls for Immediate Rate Cuts

U.S. President Donald Trump has reignited criticism of Federal Reserve policy, calling for swift interest rate reductions and casting doubt on Fed Chair Jerome Powell’s ability to handle the process.

18.05.2025 8:00 1 min. read Alexander Stefanov

As Moody’s Downgrades U.S., Bitcoin Signals Investor Confidence

In a historic move, Moody’s has downgraded the United States’ long-term credit rating from Aaa to Aa1, citing ballooning deficits, growing interest burdens, and a failure to implement fiscal reforms.

18.05.2025 18:00 2 min. read Alexander Stefanov

JPMorgan Sees Slow Growth Ahead But No Recession in 2025

JPMorgan Chase’s chief global strategist has expressed a cautious view of the U.S. economy, suggesting that while a full recession may be avoided, the near-term outlook points to slow and uneven growth.

18.05.2025 10:00 1 min. read Alexander Stefanov

Jamie Dimon Says U.S. Recession Still a Real Possibility Amid Global Instability

JPMorgan Chase CEO Jamie Dimon has cautioned that the possibility of a U.S. recession still looms large, citing a convergence of geopolitical instability and unresolved domestic issues as key threats to economic momentum.

17.05.2025 19:00 1 min. read

Goldman Raises China Outlook as Tariff Truce Lifts Market Sentiment

Global markets are recalibrating expectations for China’s economic performance following a sudden softening of trade tensions with the U.S.

16.05.2025 16:00 2 min. read Alexander Stefanov

Peter Schiff Blasts U.S.-China Trade Deal as a Strategic Surrender

Economist Peter Schiff isn’t buying the fanfare around the latest U.S.-China tariff deal. In his view, Washington just blinked.

13.05.2025 15:00 2 min. read Alexander Stefanov

USA-China Trade Truce Sparks Crypto and Stock Market Optimism

Global markets are gaining traction after the U.S. and China struck a short-term trade deal, dialing down tariffs to 10% for a 90-day period starting May 14.

13.05.2025 9:00 1 min. read Alexander Stefanov

China Expands Yuan’s Global Reach With Record Settlements and QR Payments

China is making quiet but decisive moves to elevate the yuan’s status in global finance, leveraging recent geopolitical shifts and trade negotiations to boost the currency’s reach.

12.05.2025 21:00 2 min. read Alexander Stefanov

Markets Surge After U.S. and China Slash Tariffs in Surprise Deal

A wave of optimism swept through global markets as the United States and China took decisive steps to de-escalate their long-running trade dispute.

12.05.2025 18:00 1 min. read Alexander Stefanov

China and USA Strike Deal After Two Days of Trade Talks in Geneva

After two intensive days of negotiations in Geneva, officials from the United States and China have reportedly found common ground on key trade issues, paving the way for a new agreement aimed at narrowing the U.S. trade deficit.

11.05.2025 23:15 1 min. read Alexander Stefanov

BRICS: Saudi Arabia Delays Entry Amid Fears of Angering the U.S.

Despite attending a recent BRICS gathering in Brazil and being listed as a member on the group’s website, Saudi Arabia is reportedly holding off on formalizing its participation in the economic alliance.

11.05.2025 9:00 1 min. read Alexander Stefanov

Trump Backs 80% Tariffs Ahead of Crucial U.S.-China Talks in Geneva

As trade envoys from the U.S. and China prepare to meet in Geneva this weekend, Donald Trump is once again embracing aggressive tariff policy.

09.05.2025 21:55 1 min. read Alexander Stefanov

Fed Holds Rates as Inflation and Growth Pull in Opposite Directions

At its May 7, 2025 meeting, the Federal Reserve left the federal funds rate unchanged at 4.25% to 4.50%, marking the fourth consecutive decision to keep rates steady.

07.05.2025 21:20 2 min. read Alexander Zdravkov

Wall Street Joins Trump in Saudi Arabia to Court Gulf Billions

President Donald Trump is set to make his first overseas trip since returning to office, leading a high-powered U.S. delegation to Saudi Arabia, Qatar, and the UAE next week.

07.05.2025 18:00 2 min. read Alexander Stefanov

China Demands Tariff Rollback as Global Trade Strains Deepen

Global markets are feeling the strain as U.S. trade policy under President Donald Trump continues to send ripples through the world economy.

06.05.2025 17:00 2 min. read Alexander Stefanov

Warren Buffett Warns U.S. Deficit Could Spiral Out of Control by 2027

Warren Buffett sounded the alarm on America’s worsening fiscal health during what may be his final Berkshire Hathaway shareholders meeting, cautioning that the country is heading toward a financial cliff if spending habits remain unchecked.

06.05.2025 8:00 1 min. read Alexander Stefanov

Economist Predicts Rough Year Ahead for U.S. Economy Amid Trade Tensions

Mark Zandi, Chief Economist at Moody’s Analytics, is sounding the alarm over what he believes could be a turbulent stretch for the U.S. economy.

05.05.2025 20:00 2 min. read Alexander Stefanov

BRICS: Upcoming Summit Could Trigger Global Shift Away from US Dollar

In just the first few months of 2025, rising global tensions have placed the spotlight on the growing divide between the United States and the BRICS alliance, with recent expansions.

04.05.2025 19:00 2 min. read Alexander Stefanov

Warren Buffett Blasts Tariffs, Warns U.S. Risks Global Isolation

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett didn’t hold back when discussing the impact of U.S. trade policy.

04.05.2025 18:00 2 min. read Alexander Stefanov

U.S Economy: Surprise GDP Drop Sparks Recession Fears as Inflation Stays Hot

The U.S. economy stumbled at the start of 2025, logging a 0.3% annualized decline in GDP—marking a sharp contrast to late 2024’s growth.

30.04.2025 16:49 1 min. read Alexander Stefanov

BRICS: China Accelerates Yuan Adoption to Undermine Dollar in Global Trade

China is accelerating its push to make the yuan a dominant player in international trade, using global tensions and U.S.-led tariffs as a springboard to challenge the dollar’s longstanding dominance.

30.04.2025 16:00 1 min. read Alexander Stefanov

Federal Reserve Flags Growing Risks to U.S. Economy in New Stability Report

The Federal Reserve’s newest Financial Stability Report paints a more anxious picture of the U.S. economy, highlighting rising global trade tensions, growing policy uncertainty, and worries over the nation’s debt levels as key threats to financial stability.

27.04.2025 16:11 1 min. read Alexander Stefanov

Europe Divided Over Crypto Threat as Trump Policies Raise Concerns

European financial authorities are currently divided over how much of a threat Donald Trump’s crypto-friendly stance poses to the Eurozone.

23.04.2025 11:00 2 min. read Alexander Stefanov

China’s Push for Yuan in BRICS Trade Faces Global Resistance

Since 2022, China has been actively promoting the yuan as a go-to currency for trade among BRICS nations, capitalizing on geopolitical rifts—particularly after Western sanctions hit Russia.

21.04.2025 9:00 1 min. read Alexander Stefanov

Recession Odds Jump on Polymarket Following Tariff Moves

Market anxiety is surging after President Trump’s latest move to impose sweeping tariffs, with crypto-based prediction platforms now signaling a growing belief that a U.S. recession is on the horizon.

20.04.2025 20:02 2 min. read Alexander Stefanov

Wall Street Banks Post Strong Profits, But Quietly Brace for Turbulence Ahead

As trade tensions rise and economic signals grow harder to read, America’s largest banks are posting quarterly results that reflect both resilience and caution.

16.04.2025 20:00 3 min. read Alexander Stefanov

BlackRock CEO Flags Recession Risk – And Crypto Bulls Are Paying Attention

BlackRock CEO Larry Fink has raised alarms over a possible U.S. recession, warning that the downturn may have already begun.

12.04.2025 20:00 2 min. read Alexander Stefanov

China Hits Back at U.S. Tariffs, Calls Washington’s Strategy ‘A Joke’

China has fired back at the United States with a sharp tariff increase, raising duties on U.S. imports to 125% effective April 12, 2025.

12.04.2025 15:00 2 min. read Alexander Stefanov

Experts Question Trump’s Tariff Move: Temporary Relief or Deeper Uncertainty?

Global markets were shaken after President Trump unexpectedly announced a temporary freeze on U.S. trade tariffs, slashing rates to 10% for the next 90 days.

11.04.2025 18:00 1 min. read Alexander Stefanov

Switzerland Reconsiders EU Ties as U.S. Tariffs Shake Global Stability

Caught off guard by unexpectedly steep U.S. tariffs, Switzerland now finds itself leaning more heavily toward Europe as global alliances grow less predictable.

11.04.2025 12:00 2 min. read Alexander Stefanov

U.S. Set to Target Chinese Firms on Wall Street Over Transparency and State Control

U.S. officials are reportedly gearing up to target Chinese companies listed on American stock exchanges, with delisting becoming a real possibility, according to Fox News journalist Charles Gasparino.

11.04.2025 8:00 1 min. read Alexander Stefanov

March Inflation Slows, but Trade Tensions Threaten Rebound

Inflation appeared to cool in March, offering investors a brief sense of relief—though that calm may not last.

10.04.2025 16:30 2 min. read Alexander Stefanov

G7 Leaders Seek Unity Amid Market Turmoil Sparked by U.S. Trade Moves

Amid growing turbulence in global markets triggered by a wave of U.S. tariffs, Canada is actively engaging with key international partners to contain the fallout.

10.04.2025 19:00 2 min. read Alexander Stefanov