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Trump Signs Executive Order to Host Indy Car Race in D.C. this August for America 250

Trump Signs Executive Order to Host Indy Car Race in D.C. this August for America 250

Trump Signs Executive Order for Freedom 250 Grand Prix in D.C. WASHINGTON – President Donald Trump has signed an executive order for a new Indy car race, the Freedom 250 Grand Prix, in Washington, D.C., marking America’s 250th anniversary. This signing took place in the Oval Office, with figures like Roger Penske, Fox Sports CEO […]

Jobless claims reach 1.9 million, the highest level since August

Jobless claims reach 1.9 million, the highest level since August

Unemployment Benefits Rise for Millions of Americans In mid-October, over 1.9 million Americans applied for unemployment benefits, marking the highest figure seen since early August, according to data from the Department of Labor (DOL). For the week ending October 18, there were 1,957,000 claims, with 232,000 being new submissions. This information is gathered by the […]

Construction Spending Increases in August, Contrary to Predictions

Construction Spending Increases in August, Contrary to Predictions

Construction Spending Shows Unexpected Increase in August The Census Bureau revealed on Monday that construction spending rose in August. In annualized terms, construction spending hit $2.17 trillion, reflecting a 0.2% increase from July’s revised total of $2.165 trillion. This surprising uptick defied forecasts that anticipated a 0.2% decline. The release of this report, which was […]

EUR/JPY rises to around 179.00, reaching its highest point since August 1992.

EUR/JPY rises to around 179.00, reaching its highest point since August 1992.

Euro/Yen Cross Hits New High The euro/yen exchange rate climbed for the fourth consecutive day and marked five days of overall growth within the last six, reaching a high not seen since August 1992 during Wednesday’s session in Asia. The current trading price is just under 179.00, reflecting an increase of around 0.25% for the […]

US dollar poised for its worst week since August due to trade tensions

US dollar poised for its worst week since August due to trade tensions

FTSE 100 Drops Amid Concerns Over U.S. Regional Banks The London stock market experienced a significant decline at the start of trading, primarily driven by investor worries regarding issues in the U.S. regional banking sector. At the opening, the FTSE 100 index was down by 131 points, or 1.4%, settling at 9,304 points. Banks were […]

Tradr ETFs Exceeds $2 Billion in Assets and Has Doubled AUM Since August

Tradr ETFs Exceeds $2 Billion in Assets and Has Doubled AUM Since August

Tradr ETFs Surpasses $2 Billion in Assets New York, October 10, 2025 /PRNewswire/ — Tradr ETF, which caters to sophisticated investors and professional traders, has proudly announced that it has exceeded $2 billion in assets under management (AUM) within just 18 months of its inception. This rapid growth is attributed to the successful launch of […]

Job openings in the US remained nearly unchanged in August at 7.2 million

Job openings in the US remained nearly unchanged in August at 7.2 million

US Job Openings Show Stability Amid Economic Concerns WASHINGTON — Job openings in the U.S. have remained relatively stable last month, despite ongoing economic uncertainties linked to President Donald Trump’s trade policies and the looming threat of government shutdowns. On Tuesday, the Labor Bureau reported that job openings rose to 7.23 million from 7.21 million […]

Core Inflation Decreased in August Due to Increased Spending and Wage Growth

Core Inflation Decreased in August Due to Increased Spending and Wage Growth

Core Inflation Slows in August Core inflation saw a slowdown in August, according to a report released by the Federal Reserve, which indicates that tariffs introduced by President Trump haven’t significantly impacted household prices in the U.S. The personal consumption price index increased by 0.3% compared to the previous month, rising from a 0.2% bump […]

Main Measure of Inflation Increased Nearly As Anticipated In August

Main Measure of Inflation Increased Nearly As Anticipated In August

Federal Reserve Metrics on Inflation The US Bureau of Economic Analysis (BEA) announced on Friday that inflation rose by 0.3% in August, up from July’s 0.2% increase. The Personal Consumption Expenditures (PCE) price index, which gauges the value of various goods and services, climbed 2.7% year-on-year last month. Meanwhile, the Core PCE, which omits food […]