Economy News

The U.S. government recently allocated nearly $1 trillion just to cover the interest on its escalating national debt.

JPMorgan CEO Jamie Dimon has issued a stark warning about the looming threat of a global recession, even as he continues to criticize Bitcoin and other cryptocurrencies.

Just now, the BLS released the latest inflation data and things are looking good for the U.S. economy.

Financial educator and author Robert Kiyosaki has raised alarms about the state of the U.S. economy, warning that the nation, despite its status as the largest global economy with a GDP of around $29 trillion, is on a downward path.

The cryptocurrency landscape, particularly Bitcoin, tends to respond to significant economic indicators from the U.S. as traders adapt their strategies to align with macroeconomic trends.

One of the most important U.S. economic metrics, the jobs report, was just released by the Bureau of Labor Statistics.

Thomas Barkin, President of the Richmond Fed, emphasized the importance of monitoring economic indicators and inflation trends to guide future interest rate adjustments.