18.04.2025

Economy News

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

Pentagon Admits $824 Billion in Missing Funds Amid Financial Chaos

The Pentagon’s latest financial audit has once again exposed significant mismanagement, with the Department of Defense (DoD) unable to account for $824 billion.

17.11.2024 15:00 2 min. read Kosta Gushterov

European Stocks Face Worst Underperformance in 30 Years Amid Economic Strain

European stocks are experiencing their worst underperformance relative to the S&P 500 in nearly 30 years, with the U.S. index up over 25% while the Stoxx 600 has gained only 5%.

15.11.2024 10:30 1 min. read Kosta Gushterov

Bitcoin Slides as Fed Chair Hints at Steady Interest Rates

Bitcoin’s recent momentum appears to be waning after fresh U.S. inflation data and Federal Reserve Chair Jerome Powell’s remarks on the outlook for interest rates.

15.11.2024 9:30 1 min. read Alexander Zdravkov

U.S. Inflation Clouds Fed’s 2025 Rate-Cut Path: Is a Slowdown Ahead?

This week’s October inflation data suggests that the Federal Reserve may face a challenging path to reaching its 2% inflation target, possibly impacting rate cuts planned for 2025.

14.11.2024 18:16 2 min. read Kosta Gushterov

PPI Data Shows Mixed Results as Unemployment Claims Fall Below Expectations

The US economy continues to show mixed signals, as new data was released today regarding the Producer Price Index (PPI) and unemployment claims.

14.11.2024 17:30 1 min. read Kosta Gushterov

U.S. October CPI Shows Steady Inflation as Annual Rate Hits 2.6%

The U.S. CPI data for October has been released, showing steady inflationary trends in both the annual and monthly figures.

13.11.2024 15:34 1 min. read Kosta Gushterov

D.O.G.E: Donald Trump Taps Musk and Ramaswamy to Lead New Government Efficiency Initiative

On Tuesday, an unexpected announcement sent Dogecoin prices soaring, turning a popular meme-driven narrative into a real-life initiative.

13.11.2024 12:30 1 min. read Kosta Gushterov
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