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The Biden administration plans to increase Argentine beef imports to lower record-high U.S. beef prices, sparking anger among American ranchers. The move follows a recent delay in inflation data due to a government shutdown, with economic and political implications for affordability and trade policies.
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Kaseem Stukes, 44, allegedly shot his mother, daughter, and her boyfriend before turning the gun on himself in a Bronx apartment. His sister blames prison for his mental state. Law enforcement believes he was the shooter, but motives remain unclear. The incident shocked the community.
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The US Federal Reserve and the UAE Central Bank both cut interest rates by 25 basis points, citing economic slowdown and inflation concerns. The Fed's decision follows a government shutdown and mixed economic data, with future moves uncertain. UAE's cut aims to support borrowing costs and consumer spending.
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Stock markets declined on Tuesday amid fears of overvaluation, especially in AI stocks like Palantir, which fell despite strong earnings. Major banks forecast a possible 10-20% correction within the next year, but some investors see recent dips as healthy pullbacks in a long-term bull trend.
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Despite low unemployment rates, many Americans face prolonged joblessness, with over a quarter unemployed for more than six months. Experts highlight emotional and economic tolls, as companies hesitate to hire amid economic uncertainty and layoffs increase. The situation signals a bifurcated labor market with lasting impacts.
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The US government shutdown, now the longest on record, has halted pay for 1.25 million federal workers, disrupted flights, and slowed economic growth. While some losses are recoverable, lasting effects include reduced consumer spending and regional economic strain, especially in Washington, D.C. Today's date is Thu, 13 Nov 2025 18:05:34 +0000.
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UK markets experienced volatility amid political tensions and fiscal policy uncertainty. The pound weakened due to fears over upcoming budget plans, while bond yields fluctuated. Gold prices surged on global economic concerns, reflecting investor demand for safe assets. Economic data and political developments continue to influence market sentiment.
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Former President Trump is exploring a potential replacement for Fed Chair Jerome Powell, amid discussions of sweeping policy ideas including 50-year mortgages, direct healthcare payments, and dividend payouts from tariffs. These proposals are at early stages and face legislative and legal hurdles as Trump’s influence on economic policy continues to evolve.
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The US government did not release October inflation data due to a shutdown, complicating Federal Reserve decisions. September jobs data showed strong growth but rising unemployment, intensifying debate over interest rate cuts amid limited economic information.
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The US added 119,000 jobs in September, a sign of a softening labor market, but the unemployment rate increased to 4.4%. The data, delayed by the government shutdown, shows mixed signals about economic strength and influences Federal Reserve policy debates.
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US employment increased by 119,000 jobs in September, exceeding forecasts, but underlying weaknesses persist. Rising layoffs, hiring decoupling, and economic risks continue to shape the labor market outlook as analysts debate AI's impact and recession signals.
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Recent surveys indicate US consumer confidence has fallen to its lowest since April, driven by inflation, labor market concerns, and political uncertainty. Despite delayed official data, Americans report rising prices, especially in food and dining out, impacting spending and economic outlook. The Federal Reserve faces a delicate balancing act ahead of its rate decision.
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A technical outage at CyrusOne data centers caused a halt in CME Group trading for over 11 hours, affecting futures across stocks, commodities, and currencies. Trading resumed Friday morning, but the incident raised concerns about market reliability during a holiday week with low volumes.
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The Federal Reserve cut interest rates by 25 basis points to 3.50–3.75% amid a lack of recent economic data due to the government shutdown. Markets initially reacted positively but later declined amid sector concerns. The decision reflects uncertainty over the US economy's trajectory.
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Recent US employment data indicates a slowdown in job creation, with declining jobless claims and delayed government reports due to a shutdown. Experts warn the labor market is weaker than official figures suggest, influenced by economic uncertainty, tariffs, and high interest rates.
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As of late 2025, both the UK and US labor markets reveal signs of weakening. The UK’s unemployment rate rose to 5.1% by October, the highest since early 2021, with payrolls shrinking and wage growth slowing. In the US, November saw 64,000 jobs added after October losses, but unemployment rose to 4.6%, amid data disruptions from a prolonged government shutdown and ongoing economic uncertainty.
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President Trump delivered a 20-minute speech blaming Biden for economic issues, criticizing foreign policy, and boasting about military bonuses. The tone was combative and lacked empathy, raising questions about his mental state and political future amid declining approval ratings.
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As of January 13, 2026, gold, silver, and copper prices have surged to historic highs driven by geopolitical tensions following the U.S. capture of Venezuelan President Nicolás Maduro. Asian stock markets mostly rose, oil prices fluctuated, and precious metals soared due to safe-haven demand and expectations of U.S. interest rate cuts. Supply constraints and industrial demand linked to AI and electrification underpin the metals' rallies.
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President Trump emphasizes economic achievements, including lower energy prices and a shrinking trade deficit, as key themes for the 2026 midterm elections. Despite positive economic reports, many Americans still feel economic strain, and experts warn that some indicators may not reflect true economic health.
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Analysts see a bullish year for alternative investments and US stocks, driven by better valuations and macroeconomic stability. However, geopolitical tensions, inflation, and AI sector risks could cause volatility. Experts forecast gains in US, China, and Europe, but warn of potential market shocks.
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The US dollar fell about 8-10% in 2025, its worst annual performance in eight years, driven by Federal Reserve rate cuts, geopolitical tensions, and President Trump's tariffs, with ongoing implications for global markets and US exports.
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December's jobs report shows US employers added 50,000 jobs, below expectations and weaker than recent months. The unemployment rate fell to 4.4%, but revisions and data gaps suggest a sluggish labor market amid mixed economic signals. The report highlights ongoing uncertainty about the strength of the US economy entering 2026.
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Consumer prices in the US increased by 2.7% year-over-year in December, matching November's rate. Core inflation rose 2.6%. Despite ongoing inflation, prices have slowed from a 3% peak in early 2025. The Federal Reserve is expected to hold interest rates steady amid mixed economic signals.