Treasury Ready to Issue $250 Bill Featuring Trump Pending Legal Approval
The Treasury Department reveals preparations to print a $250 bill with Donald Trump’s portrait if Congress changes the law to allow living individuals on US currency.
Markets & Macro
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Markets & Macro
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Inflation Hits Three-Year High, Pressuring American Spending Power and Income
Inflation surged to its highest point in three years, eroding Americans’ real incomes and limiting their spending ability amid rising prices for essentials like gas, groceries, and electricity.
Markets & Macro
Treasury Secretary Urges Congress to Advance Crypto Regulatory Clarity Bill
Treasury Secretary Scott Bessent and Senator Cynthia Lummis intensify calls for the CLARITY Act to establish regulatory oversight of digital assets in the U.S.
Markets & Macro
Three Key Clues Deepen Theo Silverton Murder Mystery on Coronation Street
A recent Coronation Street episode unveiled three critical leads shaping the investigation into Theo Silverton's death, stirring suspicion among several characters.
Markets & Macro
US Inflation Hits Three-Year High as Iran Conflict Drives Energy Costs
Inflation in the US accelerated to its fastest rate in three years in April, fueled by soaring energy prices amid the ongoing Iran conflict, pressuring household incomes and economic growth.
Markets & Macro
South Korea’s Central Bank Holds Rate at 2.5%, Signals Possible Hike Amid Inflation Concerns
South Korea’s central bank maintained its benchmark interest rate but indicated tightening ahead due to inflation pressures, robust growth, and currency volatility.
Markets & Macro
U.S. Inflation Reaches Highest Level Since 2023 Amid Rising Gas and Food Costs
The personal consumption expenditures (PCE) inflation rate climbed to 3.8% year-over-year in April, driven by surging gas and food prices, challenging the Federal Reserve’s policy outlook.
Markets & Macro
Strive Boosts Bitcoin Holdings and Expands Digital Credit Securities Amid Market Growth
Strive increased its Bitcoin treasury by acquiring over 1,100 BTC while growing its SATA preferred shares and exploring new stock sale programs to fund future purchases.
Markets & Macro
Fed Official Warns Global Energy Demand May Need to Decline if Hormuz Remains Closed
Dallas Fed President Lorie Logan said prolonged closure of the Strait of Hormuz could force a significant reduction in global oil and gas consumption due to constrained supplies.
Markets & Macro
Kevin Warsh Takes Helm at Fed Amidst Lingering Inflation Crisis and High Expectations
Kevin Warsh steps into the Federal Reserve chairmanship facing the challenge of correcting flawed policies that allowed inflation to surge, impacting everyday Americans under the previous administration.
Markets & Macro
How Past Industrial Shifts Transformed Global GDP and What AI Means for Future Growth
Historical industrial revolutions drastically accelerated global GDP growth, suggesting that AI and space technologies could trigger unprecedented economic expansion.
Markets & Macro
Dallas Fed President Highlights Need to Cut Global Oil and Gas Consumption Amid Market Strains
Dallas Fed President Lorie Logan warned that physical supply limits and geopolitical tensions may force the world to reduce oil and gas use to achieve market stability.