Finance
US August CPI up 0.4% monthly, 2.9% yearly
With President Trump's tariffs trickling down into the economy, the US consumer prices increased 2.9 percent each year in August, which was…
Finance
U.S. markets, the Federal Reserve, and the decisions that move money.
Finance
U.S. economic picture weakens as jobless claims rise and inflation edges up to 2.9% year-over-year
Due to inflation of August reaching a year over year maximum of 2.9 percent, increasing pressure is being placed on the U.S.…
Finance
US Treasury watchdog scraps climate advisory groups
The plug of climate oversight was pulled by federal financial regulators who dissolved two committees that had spent years following how global…
Finance
US August retail sales rise 0.6% to $732B
In US retail sales the retail sales increased above the expected levels in August by an advance report of the Census Bureau,…
Finance
US producer prices fall 0.1% in August, core up 2.8%
In August, surprises came from an area most people don’t watch every day. The U.S. Bureau of Labor Statistics told us that…
Finance
US August CPI rises 0.2% monthly, 2.4% yearly
The US consumer prices were adding their biggest monthly growth since January raising the Consumer Price Index (CPI) by 0.4 percent on…
Finance
Global asset management to top $130T by 2027
Despite global economic challenges, the asset investment world is expected to reach $132 trillion by 2027 which will be up from $106…
Finance
Jobless claims rise, labor market softens before Fed decision
The number of newly filed jobless claims has just surged to an unprecedented high since October 2021, increasing by 263,000 last week,…
Finance
Wall Street rallies on rising rate-cut expectations
The record-breaking streak by Wall Street continued as investors rejoiced over accumulating signs that the Federal Reserve will ultimately reduce interest rates…
Finance
Trump urges EU to slap 100% tariffs on India, China
President Donald Trump has discharged an economic sterilizer message which requires the European Union to place rupturing 100 percent tariffs on India…
Finance
US IPO market on track for best week since 2021
A resurgence is occurring in the US initial public offering (IPO) market. Analysts are predicting that this week will be the busiest…
Finance
Luno launches tokenized global stocks for Nigerians
Nigeria Crypto exchange Luno has introduced tokenized global stocks, the first Africa-based exchange to offer local investors direct exposure to major international…