Economy News
Global economy, politics, stock markets, gold, oil and more.
U.S. Presidential Candidate is Considering Dropping out of 2024 Race
The independent presidential campaign of Robert F. Kennedy Jr., known for his pro-crypto stance, is considering a major change.
BRICS: World Reserves in US Dollars Hit Historic Lows
The central banks of many developing countries are increasingly diversifying their reserves away from the US dollar and into gold and local currencies.
Eurozone Inflation Slightly Rises to 2.6% in July 2024
In July 2024, inflation in the eurozone increased slightly to 2.6%, up from 2.5% in June.
Will Jerome Powell Hint at Major Rate Cuts This Friday?
As the Jackson Hole Economic Symposium approaches, all eyes are on Fed Chair Jerome Powell’s upcoming speech.
Goldman Sachs Reduces Recession Probability Following Economic Data
Goldman Sachs has reduced its forecast for a US recession in the next year to 20%, down from 25%, based on recent economic data.
US Household Debt Hits Record High Amid Slowing Consumer Spending
Americans are carrying unprecedented levels of household debt, and one of the nation’s leading banks has issued a warning about a potential decline in consumer strength.
BRICS Poised to Disrupt Global Finance with New US Dollar-Free Payments System
Central banks and finance ministries within the BRICS nations are exploring the development of a new payments system aimed at bypassing the US dollar, according to recent reports.
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1
Europe Divided Over Crypto Threat as Trump Policies Raise Concerns
23.04.2025 11:00 2 min. read -
2
BRICS: Saudi Arabia Delays Entry Amid Fears of Angering the U.S.
11.05.2025 9:00 1 min. read -
3
U.S Economy: Surprise GDP Drop Sparks Recession Fears as Inflation Stays Hot
30.04.2025 16:49 1 min. read -
4
Federal Reserve Flags Growing Risks to U.S. Economy in New Stability Report
27.04.2025 16:11 1 min. read -
5
BRICS: China Accelerates Yuan Adoption to Undermine Dollar in Global Trade
30.04.2025 16:00 1 min. read