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The US dollar has experienced its worst first-half decline since 1973, falling over 10%. This drop, occurring despite a strong US economy, is attributed by some to chaotic policies, rising national debt, and deep politic…
Globally, birth rates are at a historic low, prompting concerns about workforce shortages and economic impacts. Fewer women are choosing motherhood, driven by increased career opportunities and economic independence. Whi…
Treasury Secretary Scott Bessent announced that the US will reinstate high tariffs on August 1st if trade deals aren't finalized. This reverses a previous tariff pause and contradicts earlier statements from President Tr…
OPEC+ unexpectedly boosted its oil production increase for August by 548,000 barrels per day, exceeding prior expectations of 411,000. This decision, driven by Saudi Arabia, aims to capitalize on strong summer demand and…
BRICS+, the expanded group including BRICS nations and partners, now boasts 20 members representing 43.93% of the global economy and 55.61% of the world's population. Vietnam's recent addition is significant, demonstrati…
FICO will incorporate buy now, pay later (BNPL) loan data into some credit scores starting this fall. This affects 15% of American adults who used BNPL in the past year, primarily low-to-middle income individuals, women,…
The US national debt has reached $37 trillion, fueled by recent tax cuts. This has led to a weakening dollar and increased borrowing costs, raising concerns about the long-term sustainability of US debt. Experts like Ray…
Trump's new bill, projected to increase the US deficit by $3.4 trillion over a decade, is causing alarm among economists. They warn that the already high national debt, coupled with the bill's increased spending and tax …
Trump's tariffs initially caused US stock market drops and import surges, followed by a rebound in stocks and a slowdown in imports. While inflation remains low, economists warn that higher prices are likely to hit consu…
Conflicting job reports emerged this week. The official Bureau of Labor Statistics (BLS) report showed a 147,000 job increase in June, with unemployment falling to 4.1%. However, the ADP private sector report indicated a…