Economics Archives - Page 17 of 276

2 minute read

Biden Targets Chinese Imports With Huge Tariff Hikes Ahead of Election

May 14, 7:43 AM

The Biden administration unveils targeted tariffs on Chinese goods, including electric vehicles and semiconductors, to safeguard American jobs. Lael Brainard stresses the move's necessity to counter China's unfair trade practices and bolster domestic industries. With tariffs affecting $18 billion worth of imports, strategic sectors like aluminum, steel, and critical minerals are prioritized, aligning with key legislative goals.

3 minute read

Nasdaq, S&P 500 Futures On Edge As Traders Gear Up For PPI Data, Powell’s Speech: Why This Analyst Remains Hopeful Despite Market Losing Some Momentum

By Shanthi Rexaline

May 14, 7:06 AM

The market mood appears to be fidgety early on Tuesday as traders eye the week’s twin inflation reports and other market-moving economic events.

AMC

2 minute read

Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What’s Driving Markets Monday?

By Piero Cingari

May 13, 1:47 PM

Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.

$DOGE

3 minute read

Yellen Calls For Fair Trade With China, Urges Other Central Banks To Limit Currency Interventions

By Piero Cingari

May 13, 12:04 PM

Janet Yellen emphasizes U.S. role in critical industries and reducing reliance on China. Supports Biden's budget proposals for economic growth and fair taxation.

FXY

2 minute read

Supplier Prices Threaten To Impact Inflation Over Turbulent Commodity Markets, Middle East Instability

By Piero Cingari

May 13, 11:15 AM

Traders anticipate market volatility due to upcoming inflation reports (PPI on Tuesday, CPI on Wednesday) which may impact Fed's policy decisions.

DBC

3 minute read

Biden Vs. Trump: Incumbent Fails To Win Voter Confidence To Steer Economy As New Poll Identifies Inflation As Major Pushback

By Shanthi Rexaline

May 13, 10:07 AM

Biden's pushback has more to do with his economic policies, which is weighing heavily on his job approval rating, a new poll found.

TIP

3 minute read

April Inflation Data Preview: Why Analysts Expect Economic Pressure To Cool

By Piero Cingari

May 13, 9:43 AM

Traders await April CPI report on Wednesday, expecting a drop in overall and core inflation rates. Goldman Sachs forecasts disinflation in auto, housing, and labor markets.

DASH

3 minute read

Wall Street Poised For Positive Start To Week, But Inflation Worries Loom: Analyst Points To Data Showing ‘Clear Sign Of Buying Pressure’

By Shanthi Rexaline

May 13, 7:09 AM

U.S. stocks look to start a data-heavy week on a firm note, with the major index futures pointing to a modestly higher open in early trading.

AGYS

3 minute read

Redditors Predict Economic Doom, Brace For US Collapse: ‘Only Time Will Tell How Bad It Will Truly Get’

By Benzinga Neuro

May 13, 1:32 AM

Reddit users are increasingly predicting an economic collapse in the U.S., with some even preparing for a scenario similar to the Soviet Union’s demise after the Cold War. The growing concern is being fueled by factors such as inflation, debt, and job market instability.

BTC

2 minute read

Elon Musk Compares Working Of Federal Reserve To Rules Of Board Game Monopoly: ‘The Bank Never Goes Bankrupt’

By Benzinga Neuro

May 12, 11:52 PM

Elon Musk has drawn an intriguing comparison between the Federal Reserve and the rules of the game Monopoly, suggesting that the Federal Reserve operates in a similar manner to the game's bankruptcy rules.

HAS