Economy News

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

Fed Holds Rates as Inflation and Growth Pull in Opposite Directions

At its May 7, 2025 meeting, the Federal Reserve left the federal funds rate unchanged at 4.25% to 4.50%, marking the fourth consecutive decision to keep rates steady.

07.05.2025 21:20 2 min. read Alexander Zdravkov

Wall Street Joins Trump in Saudi Arabia to Court Gulf Billions

President Donald Trump is set to make his first overseas trip since returning to office, leading a high-powered U.S. delegation to Saudi Arabia, Qatar, and the UAE next week.

07.05.2025 18:00 2 min. read Alexander Stefanov

China Demands Tariff Rollback as Global Trade Strains Deepen

Global markets are feeling the strain as U.S. trade policy under President Donald Trump continues to send ripples through the world economy.

06.05.2025 17:00 2 min. read Alexander Stefanov

Warren Buffett Warns U.S. Deficit Could Spiral Out of Control by 2027

Warren Buffett sounded the alarm on America’s worsening fiscal health during what may be his final Berkshire Hathaway shareholders meeting, cautioning that the country is heading toward a financial cliff if spending habits remain unchecked.

06.05.2025 8:00 1 min. read Alexander Stefanov

Economist Predicts Rough Year Ahead for U.S. Economy Amid Trade Tensions

Mark Zandi, Chief Economist at Moody’s Analytics, is sounding the alarm over what he believes could be a turbulent stretch for the U.S. economy.

05.05.2025 20:00 2 min. read Alexander Stefanov

BRICS: Upcoming Summit Could Trigger Global Shift Away from US Dollar

In just the first few months of 2025, rising global tensions have placed the spotlight on the growing divide between the United States and the BRICS alliance, with recent expansions.

04.05.2025 19:00 2 min. read Alexander Stefanov

Warren Buffett Blasts Tariffs, Warns U.S. Risks Global Isolation

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett didn’t hold back when discussing the impact of U.S. trade policy.

04.05.2025 18:00 2 min. read Alexander Stefanov