Economy

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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Is the U.S. Dollar Slowly Dying? 

The United States dollar, commonly referred to as the US dollar or simply the dollar, is the official currency of…

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VIDEO: Fed Announces Rate Hike of 0.25 Points, Despite Banking Turmoil, Signals End of Hikes Likely Near

Could There Be Only One More Rate Hike This Year? The Federal Reserve announced today that it has increased interest…

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What To Expect From the Rate Hike Decision

March Fed Meeting Preview: The Fed Raises Rates After Silicon Valley Bank Blowup. After the Silicon Bank crisis we discussed…

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Silicon Valley Bank: What Happens After the Bank Collapse?

The Second Largest Bank Failure in American History 3 Days ago, the SVB collapsed, losing nearly $20 billion. So what…

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Bank of Canada Just Announced it’s Pausing Interest Rate Hikes

Changes in Interest Rates Affect the Cost of Borrowing For Consumers and Businesses Alike Looking back to 2020, the Bank…

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