10.05.2025

Economy News

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

US Senator Warns Sanctions Threaten Dollar’s Global Dominance

U.S. Treasury Secretary Janet Yellen has attributed the potential decline of the U.S. dollar to the country’s frequent use of sanctions in foreign policy.

14.07.2024 13:00 1 min. read Alexander Stefanov

Major U.S. Banks Struggle with Credit Card Debts

JPMorgan Chase and Wells Fargo are grappling with significant credit card debt issues. JPMorgan has over $500 million in bad mortgage debt despite making a $13.1 billion profit.

15.07.2024 7:30 1 min. read Alexander Stefanov

Fed Will Cut Rates This Year, According to Bloomberg Analyst

Bloomberg analyst Mike McGlone anticipates significant developments at the Federal Reserve, foreseeing potential interest rate cuts in response to recent shifts in US equities.

15.07.2024 8:30 2 min. read Alexander Stefanov

Nvidia Faces Potential Downturn Amid Technical Analysis Signals

Nvidia, a leading semiconductor company, is showing signs of a significant downturn according to recent technical analysis.

15.07.2024 9:30 1 min. read Alexander Stefanov

BREAKING: FED Chair Gives His Most Anticipated Interview on Interest Rates

Federal Reserve chair Jerome Powell is currently giving his most anticipated interview at the Economic Club in Washington with David Rubenstein.

15.07.2024 19:51 2 min. read Alexander Stefanov

New European Governments Face Fiscal Challenges

Newly elected European governments face tough financial situations, tasked with implementing change despite limited resources.

08.07.2024 6:00 2 min. read Alexander Stefanov

Jerome Powell Issues a Warning on US Debt Crisis

Fed Chair Jerome Powell recently commented on the US national debt in a live interview with David Rubenstein, Co-Chairman of Carlyle Group.

15.07.2024 20:45 2 min. read Alexander Stefanov
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