Economy News

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

Wall Street Tensions Mount Over Fed Rate Cut Predictions

Wall Street is increasingly frustrated with the Federal Reserve’s interest rate strategy, highlighted by Bank of America’s recent results.

17.07.2024 10:00 2 min. read Alexander Stefanov

Robert Kiyosaki Warns of US Financial Risks and CBDC Threats

Robert Kiyosaki, renowned investor and author of ‘Rich Dad Poor Dad,’ continues to voice stark criticisms of the US financial system.

17.07.2024 7:00 1 min. read Alexander Stefanov

Saudi Arabia Issues $3 Billion Bonds After Three-Year Break

Saudi oil giant Aramco has reentered the debt market after three years, planning to raise at least $3 billion through bonds maturing in 10, 30, and 40 years.

09.07.2024 22:00 1 min. read Alexander Stefanov

Elon Musk Raises Alarm on US Economy’s Future

In a recent social media post, Elon Musk has sparked concerns about the economic trajectory of the United States, warning that excessive government spending could lead to financial ruin.

10.07.2024 7:30 1 min. read Alexander Stefanov

Expert Forecasts Recession in the US Amidst Market Optimism and S&P 500 Surge

Henrik Zeberg, a macroeconomist, has reiterated his forecast of an impending recession, citing continued strong performance in key market sectors.

10.07.2024 12:30 1 min. read Alexander Stefanov

Jerome Powell Gave His Answer on Potential Rate Cuts

Jerome Powell’s testimony infront of the US Congress gave some insight into the Federal Reserve’s current stance on rate cuts.

09.07.2024 17:13 2 min. read Alexander Stefanov

Jerome Powell Speaks Again on Rate Cuts

Federal Reserve chair Jerome Powell testified in Capitol Hill yesterday as part of his twice-yearly report on the state of the economy.

10.07.2024 17:25 2 min. read Alexander Stefanov