US Economy

Trump`s new NFT collection rises

Trump Media Soars, Valuation Hits $11B on Nasdaq

Quick Look: Trump Media & Technology Group’s shares soared on their Nasdaq debut under the ticker DJT, briefly halting due to volatility. Former President Donald Trump’s stake in the company is now valued at approximately $4.6 billion. Despite minimal revenue and significant losses, the company’s market valuation surged to nearly $11 billion. On an electrifying …

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Upcoming rate cuts fuel further American dollar rate drop

Early Retirements Shrink Labor Pool, Reshape Workforce

Quick Look: Increasing retirements among older workers reshapes the workforce, contributing to a smaller labour pool. The trend of early retirement is primarily driven by health concerns related to COVID-19 and favourable economic conditions for retirement savings. Manufacturing in Texas has seen fluctuations, with a downturn in March but positive expectations for future activity. Fed …

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DOLLAR RETURNS TO CUBA

Cuba in Crisis: Unrest, Dialogue, and Diplomatic Crossroads

Quick Look Cubans protest worsening conditions as the island faces power cuts, food scarcity, and demands for political freedoms. The government pledges dialogue while accusing Miami’s Cuban exile community and US sanctions of exacerbating the crisis. The US and Cuba are at a diplomatic crossroads, with both sides offering talks but accusing each other of inaction. Cuba …

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Euro rallied on Thursday ahead of ECB’s meeting 

Navigating Inflation and Interest Rates: Strategies for Savers

Quick look Inflation rose to 3.2% in February, up from January’s 3.1%, still above the Federal Reserve’s 2% target. The benchmark interest rate remains at a 23-year high, with no cuts expected soon, benefiting savers with CDs and high-yield savings accounts. High CD rates offer a hedge against inflation, with some reaching up to 7%. …

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US dollars may have strongest week in 6 months

Housing Crunch: U.S. & Canada’s Build Trends Unpacked

Quick look Red states like Texas are building millions of new homes, addressing the housing affordability crisis by increasing supply. Blue states such as California and New York face struggles in home construction due to regulatory burdens and higher costs, contributing to inventory shortages. The U.S. housing market experiences low inventory levels, with a 3.5-month …

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Crypto , cryptocurrency price, bitcoin

Crypto Market’s Recovery to $2 Trillion and The U.S. Hurdle

The crypto sector rose again, represented with a $2 trillion market value. In May, it reached this level, but now, additional improvements face a barrier from possible new U.S. tax reporting requirements. CoinGecko tracked the value of more than 8,900 tokens that rose by more than 56% to $1.96 trillion from July. Rallies in Bitcoin …

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