A major breakthrough was achieved on Thursday as the U.S. dockworkers union and the...
US East Coast and Gulf Coast Dockworkers Strike, Disrupting Shipping and Threatening Economy
A strike initiated by dockworkers along the U.S. East Coast and Gulf Coast on...
U.S. Inflation Nears Fed’s Target, Opening Path for Future Rate Cuts
In August, inflation in the United States moved closer to the Federal Reserve's target,...
Chinese Yuan Reaches 16-Month High Against US Dollar on Stimulus Measures
The Chinese yuan surged to its highest level against the U.S. dollar in 16...
S&P 500 and Dow Jones Reach New Closing High Following Fed’s Interest Rate Cut
The S&P 500 and the Dow Jones reached a new record high at the...
Market Sees Increasing Odds of US Recession by June 2025 along with Aggressive Rate Cuts
The current market sentiment indicates a 50% likelihood of a U.S. recession occurring by...