Rupee to weaken past 86/USD on hawkish Fed outlook – The Economic Times
The Indian rupee fell above $86 to the dollar for the first time on Monday after strong U.S. jobs data reaffirmed expectations that the Federal Reserve will not cut interest rates significantly this year. The rupee opened at a record low of 86.2050 rupees, falling from Friday's 85.9650 rupees. U.S. employers added 256,000 jobs last […]
Trump Cites National Security And Economic Benefits In Support Of Acquiring Greenland And Panama Canal
Republican presidential candidate and former President Donald Trump speaks at a campaign rally at Van Andel Arena on November 5, 2024 in Grand Rapids, Michigan. (Photo by Chip Somodevilla/Getty Images) OAN Staff Blake Wolf1:53 PM – Wednesday, January 8, 2025 President-elect Donald Trump has repeatedly expressed support for taking control of Greenland and the Panama […]
U.S. Services Sector Expands as Trump 2.0 Economic Optimism Grows
The U.S. services sector posted stronger-than-expected growth in December, suggesting the economy could accelerate as companies look to the incoming Trump administration's pro-growth policies. The Institute for Supply Management (ISM) released a purchasing managers index for the services sector of 54.1, up from 52.1 in November and above economists' expectations of 53.4. Readings above 50 […]
Bitcoin Drags Crypto Lower on Strong U.S. Economic Data – AOL
The irony of the crypto market is how much it can fall when the economy is doing well. Several key economic indicators beat expectations on Tuesday. Bitcoin (Cryptocurrency: BTC) Cryptocurrencies such as have fallen on the news. As of 4:30 p.m. ET, Bitcoin was down 4.9% over the past 24 hours. Ethereum (Crypto: ETH) It […]
Futures flat ahead of economic data, investors keep an eye on Trump's plans – Yahoo Finance
Written by Johan M. Cherian and Sukriti Gupta (Reuters) – U.S. stock index futures were trading flat on Tuesday ahead of a series of economic data, with investors looking for insight on the policies of the incoming Trump administration. If the data shows signs of continued economic resilience, expectations for the pace of the Federal […]
Biden signs Social Security bill, says American retirees deserve ‘economic security and dignity’
President Biden on Sunday signed a Social Security bill that repeals two statues that have long cut pay for public sector workers such as firefighters and teachers. “The bill I'm signing today is about a simple proposal,” Biden said before signing the Social Security Fairness Act. “Americans who have worked hard all their lives to […]
Ex-Obama economic adviser admits Trump's message on the economy 'resonated' with Americans
Former Obama economic adviser Robert Wolf and National Review staff writer Caroline Downey discusses the state of the … source
Economic expert forecasts a ‘big boom’ once Trump takes office: ‘Feel it coming’
Former Trump economic adviser Steve Moore joins ‘Fox News Live’ to break down how Donald Trump’s administration plans to … source
Donald Trump restoring the economic woes sustained by the Biden administration will take time
Evidence is mounting that the ill-fated Biden administration could not end quickly enough, while the pre-COVID-19 era of the first Trump presidency, which brought about strong growth and low inflation, will not return soon. There's evidence. That's the signal we're getting from the bond market. It's possible that the fiscal time bomb of nonstop spending […]
Only US leadership can stop China’s economic power in Latin America
Latin America has been under temptation from China in recent years large-scale economic investment projects. The communist state maintains a dangerous grip on the region's telecommunications, lithium and copper industries, ports and other critical infrastructure. The next U.S. administration will play a critical role in containing and even reversing the dangers of this new threat. […]