Economy News

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

Economist Warns U.S. Bitcoin Reserve Could Harm Dollar and Economy

Peter Schiff, a well-known critic of Bitcoin, has strongly opposed the idea of the United States creating a Bitcoin reserve, a proposal gaining traction with the potential re-election of former President Donald Trump.

12.11.2024 14:30 2 min. read Alexander Zdravkov

Global Debt Crisis Threatens Economic Stability as Massive Refinance Deadline Looms

The world’s governments are facing an urgent financial challenge, with massive debt coming due in the coming years.

11.11.2024 12:00 1 min. read Kosta Gushterov

Is a Clash Brewing Between Trump and Powell Over the Fed’s Economic Path?

Federal Reserve Chairman Jerome Powell’s recent comments indicate a potential clash with President-elect Donald Trump.

09.11.2024 18:00 1 min. read Kosta Gushterov

China Begins Stimulus Plan to Address Debt and Spur Economic Growth

On November 8, China unveiled a major stimulus plan, allowing local governments to issue an additional $827.7 billion in bonds over the next three years to address rising “hidden debt.”

09.11.2024 10:00 1 min. read Kosta Gushterov

BREAKING: Federal Reserve Announced Another Rate Cut

The Federal Reserve has decided to lower its key policy rate by a quarter percentage point following its latest policy meeting.

07.11.2024 21:00 2 min. read Alexander Stefanov

Trump’s Presidency: How It Could Impact the Dollar, Stocks, and Global Markets

As Donald Trump is projected to win the U.S. presidency, financial markets are bracing for significant shifts.

06.11.2024 19:00 2 min. read Alexander Zdravkov

Fed Set to Ease Rates Again, Bringing Small Relief for Borrowers

The Federal Reserve is widely expected to lower interest rates this Thursday, marking its second rate reduction in just a few months.

06.11.2024 19:30 2 min. read Alexander Stefanov