Economy

VIDEO: Economic Crisis Averted as Biden Signs U.S. Debt Ceiling Bill Into Law

Thanks to the Senate pulling an all-nighter Thursday evening to pass the bill, Biden signed the legislation on Saturday, officially…

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Off to the Senate: Debt Ceiling Bill Clears House Vote as Deadline and Default Loom

With the first of two main hurdles out of the way, the legislation is headed to the Senate for a…

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VIDEO: Biden, McCarthy Edging Closer to New Slimmed-Down Debt Ceiling Deal

Rather than the usual hundreds of pages long bill, it is expected that a potential slimmed-down deal would include only…

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U.S. Debt Crisis Looms: Progress Confirmed By Speaker McCarthy

After keeping you updated in our previous article, there’s been a new development. House Speaker Kevin McCarthy recently expressed optimism…

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Impact of Unexpected Rise in Canadian Inflation

Contrary to the anticipated slight dip to 4.1%, the inflation rate climbed to 4.4%. This unexpected uptick is likely to…

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Why the U.S. Could Soon Default on Its Debt For the First Time Ever

If Congress still hasn’t addressed the debt ceiling crisis by June 1, 2023, the United States could be set to…

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U.S. CPI Inflation Dips to 4.9% in April, Beating 5% Forecast

The US Bureau of Labor Statistics (BLS) announced on Wednesday that U.S. inflation (CPI) dropped to 4.9% year-over-year in April…

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U.S. Banking Crisis Could See a Staggering 190 Banks Collapse According to a New Study

With news of a recent study on the fragility of the American banking system reporting that a total of 186…

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The Impact of the 0.25 Point Interest Rate Hike

The Federal Reserve’s interest rate decision has been widely anticipated, with the market predicting a near-certain quarter percentage point increase.…

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Your Job Could Vanish Along with 14 Million Other Jobs Thanks to AI

The new report found that 69 million new jobs are expected to be created while 83 million positions are to…

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