People in the U. S. are feeling less sure about the economy. This is the lowest confidence level since April when new taxes on imports were introduced. The measure of how people feel about their money and jobs stayed the same but is still low. This could mean a recession is coming. People think the
Investors might be overlooking the big changes coming in 2026. Despite facing several challenges in 2025, such as trade disputes, government shutdowns, and a tough stance from the Federal Reserve, asset prices have remained surprisingly stable. This stability could be a sign of good things to come.
Bitcoin had a crazy day, going up and down like a rollercoaster. It started strong, reaching almost $89, 300, but then it dropped sharply to $85, 500 in just a couple of hours. By the end of the day, it settled around $86, 000, which is still a bit lower than the day before. The early boost in Bitc
In the small town of Capac, Michigan, a food pantry sees a steady stream of cars, each waiting for basic supplies like lettuce and apples. These items, once affordable, have seen their prices climb or remain stubbornly high. Taylor Ludwig, a 35-year-old mother of three, is one of those waiting in li
Cryptocurrencies like Bitcoin and Ethereum saw a boost recently. This happened as Asian markets reacted to Japan's interest rate hike. The Bank of Japan raised rates to the highest level in 30 years. This move was expected. It did not scare investors. Instead, it led to gains in Asian stocks and cry
In a move to stabilize the economy, Russia's central bank lowered its key interest rate to 16%. This decision came as inflation is easing, but the economy is still struggling to grow, partly due to the ongoing military actions in Ukraine. The central bank's announcement coincided with President Vla
The stock market had a wild week, ending on a high note. Investors cheered as inflation cooled down and some big companies reported strong earnings. But not everything is rosy. Job losses are up, and people are feeling less confident about spending money. The market took a tumble early in the week,
The recent US inflation report has sparked debates. The Bureau of Labor Statistics (BLS) had to fill in missing data for October and November. They used old numbers and estimates to complete the picture. The BLS admitted they didn't collect new data for October. They also had trouble gathering all
John Williams, the head of the New York Federal Reserve, recently talked about how November's inflation numbers might not be entirely accurate. He pointed out that some technical issues messed with the data. Because of problems collecting data in October and early November, the numbers for November
November's inflation report showed a drop, but experts are questioning its accuracy. The Consumer Price Index (CPI) fell to 2. 7% from 3% in September. This seems good, but the data might not be reliable. The problem started with the government shutdown in October. This shutdown stopped data collec
