The Federal Reserve faces a tricky situation. The economy is doing pretty well, but there are some worrying signs. Inflation is going down, and unemployment is low, at 4. 2%. But here’s the twist: President Trump’s tariffs might make inflation go up and slow down growth. So, what’s the Fed to do? Th
Consumer spending took a hit in May, with retail sales dropping by 0. 9\%. This decline was worse than the predicted 0. 6\% decrease, according to seasonally adjusted figures. The slowdown was largely due to a drop in gas sales and growing economic uncertainty. This dip followed a modest 0. 1\% decr
In the world of finance, taking risks is often seen as a dangerous game. However, one prominent figure argues that playing it safe can lead to bigger losses. This person believes that in times of market turmoil, investors should not shy away from taking calculated risks. Instead of hiding in so-call
A new banking startup is brewing in Silicon Valley. This venture, tentatively named Erebor, is the brainchild of Palmer Luckey. He is the mastermind behind the Oculus VR headset and the defense tech firm Anduril. This new project aims to shake up the financial world. It has a focus on supporting tec
It was a simple task. Brittany needed a new couch. However, every time she found one she liked, she hesitated at the checkout. The price tag was too high. She did not want to commit to such a large purchase all at once. Then, she noticed something interesting. Right below the usual payment options,
In the early days of June, consumers started to feel a bit more optimistic about the economy. This shift happened as talks about the global trade war seemed to be moving forward. A survey by the University of Michigan showed that people were not as worried about the economy or sudden price increases
The Consumer Price Index is a big deal. It's not just about tracking inflation. It's a key player in the US economy. It influences everything from mortgage payments to Social Security checks. It even helps businesses and students with contracts and financial aid. But lately, it's been facing some is
The stock market took a dip on Thursday, with major indexes showing declines. The Dow Jones Industrial Average fell by 0. 3%, while the S&P 500 and Nasdaq Composite dropped by 0. 5% and 0. 8%, respectively. This downturn came after a few days of gains, which were modest due to ongoing uncertainty ab
Circle Internet Group, a U. S. company, made a splash on the New York Stock Exchange. On Thursday, it started trading its shares, and the price shot up quickly. This caught the eye of many crypto fans and investors. Circle is known for creating USDC, a type of digital money called a stablecoin. USDC
Trade tensions heated up on June 2. This caused a stir in the global market. Investors became cautious. They decided to avoid risky investments. This led to a drop in Asian shares and US stock futures. The president of the United States made a bold move. He announced plans to double tariffs on
