February Jobs Report Shows Modest Gains
The February jobs report released on Friday showed slightly higher job gains and a rise in the unemployment rate to 4.1%, adding to investor concerns about the U.S. labor market and broader
U.S. Economy Shrinks 0.5% in Q1 Amid Tariff Surge
Imports spike, consumer spending slows, and GDP contracts for the first time in three years The U.S. economy unexpectedly contracted at an annual rate of 0.5% in the first quarter of 2025,
Wall Street Slips as Iran Tensions and Trade Risks Grow
Stocks fall after Trump escalates rhetoric on Iran U.S. stock markets declined on Tuesday amid growing geopolitical tensions and policy uncertainty. President Donald Trump’s latest remarks on Iran rattled investors, with the
Asia Manufacturing Stagnates Despite China’s October Rebound
In October, manufacturing activity across Asia remained largely stagnant, with only a mild boost from China’s recent economic measures. Despite Beijing’s efforts to revitalize its economy, other regional factories in countries like
Big Banks Brace for Rate Cuts as Q3 Earnings Season Begins
As the third-quarter earnings season kicks off, all eyes are on the largest U.S. banks, including JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup. Investors are eager for insights into how
U.S. Inflation Slows in September, But Risks Remain for the Fed
In September, U.S. inflation hit a three-and-a-half-year low, with the Consumer Price Index (CPI) rising 2.4% over the past 12 months, down from 2.5% in August, according to the Bureau of Labor