Category: Finance
China Cuts Lending Rates Amid Economic Slowdown
China’s central bank, the People’s Bank of China (PBOC), cut its key lending rates by 10 basis points on Tuesday as part of efforts to [more…]
U.S. Fiscal Woes Grow as Global Investors Show Concerns
The U.S. government’s fiscal situation, which has long been a concern in abstract terms, is now becoming more tangible. Signs are emerging that global investors [more…]
US Retail Spending Slows in April Amid Tariff Concerns
In a sign that consumer demand may be fraying around the edges, U.S. retail spending slowed sharply in April to just 0.1% after a surge [more…]
U.S. Services Growth Amid Inflation Pressures from Tariffs
The U.S. services sector showed growth in April, with the Institute for Supply Management (ISM) reporting a rise in its nonmanufacturing purchasing managers index (PMI) [more…]
US Economy Shows Weakest Growth Since 2022 Amid Trade Wars
The U.S. economy had its worst quarter since 2022, with gross domestic product (GDP) shrinking at an annualized rate of -0.3% in the first quarter, [more…]
Americans Turn to BNPL Loans for Groceries Amid Economic Strain
The Rise of Buy Now, Pay Later Loans for Groceries A growing number of Americans are increasingly turning to Buy Now, Pay Later (BNPL) loans [more…]
Tariffs, Trade Wars, and Consumer Slowdown Affecting Businesses
U.S. companies are facing significant challenges as President Donald Trump’s tariff policies continue to put pressure on businesses and consumers alike. Several companies have slashed [more…]
US Companies to Report Earnings Amid Trade Uncertainty
The upcoming week’s flood of U.S. corporate earnings reports will put the stock market to the test, as the latest trade policy shifts from President [more…]
U.S. Tariffs Could Significantly Raise Apparel Prices
The Impact of U.S. Tariffs on Clothing Prices With the U.S.-China trade war escalating, experts warn that the tariffs imposed on Chinese goods could severely [more…]
Copper Prices Plunge Amid Trade War Worries
Sharp Drop in Copper Prices Signals Growing Market Concerns Copper prices tumbled below $9,000 a ton on Friday, marking the largest drop since March 2020, [more…]
