Browsing: U.S. economy

Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board reported that its Consumer Confidence Index fell by 7.9 points to 86, reflecting mounting concerns

U.S. stock futures edged higher on Tuesday following a sharp sell-off on Wall Street driven by growing recession fears. Investors appeared to reassess economic conditions after Monday’s downturn, which saw major indices suffer significant losses. Futures linked to the Dow

Rich Dad Poor Dad author Robert Kiyosaki has once again shared his views on Bitcoin and the global financial landscape, emphasizing his preference for alternative assets amid economic uncertainty. In a series of posts on X, Kiyosaki reiterated his belief that Bitcoin’s recent price decline presents

The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S. Department of Labor. The increase of 22,000 from the previous week surpassed analysts’ expectations of

U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The 10-year Treasury yield fell by 8 basis points to 4.554%, while the 2-year Treasury yield slipped 4 basis points to 4.321%. Yields

President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial losses for the government. The

U.S. stocks declined on Monday following President Donald Trump’s announcement of new tariffs on China, Mexico, and Canada. However, major indices pared early losses mid-morning after Trump stated that tariffs against Mexico would be delayed by one month. The Nasdaq

The 10-year U.S. Treasury yield reached a 14-month high on Monday, reflecting investor anticipation ahead of key inflation reports set for release this week. The yield climbed to 4.776%, marking its highest level since November 2023. The increase followed a