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Today is an important day for the american economy as the long-awaited Fed meeting will take place at around 19:00 (UTC).
Investors are eagerly anticipating a signal from the Federal Reserve regarding potential interest rate cuts in September, but a sudden move this week could have negative consequences for the markets.
The U.S. debt level surpassed $35 trillion on July 29, amplifying worries about the economy and a possible recession.
Mike Novogratz, the CEO of Galaxy Digital, has raised alarms about the current state of US government spending, suggesting that it is on a dangerous path that could lead to bankruptcy.
JPMorgan Chase analysts are raising concerns as the U.S. national debt nears $35 trillion.
Federal Reserve officials are approaching a decision to lower borrowing costs within the next few months. Chair Jerome Powell might hint at this move soon, as concerns grow about impacting a strong yet slowing job market.
The U.S. economy, despite what many think, is experiencing relatively strong growth, which may come as a surprise to many.