Most Read: Market Sentiment Analysis and Outlook: Crude Oil, Dow 30, AUD/USD The US dollar, as measured by the DXY index, retreated from multi-month highs on Wednesday, dragged lower by a pullback in Treasury yields. Despite this retracement, the DXY remains biased to the upside, especially after top Fed officials signaled that the U.S. central […]

Biden Seeks Steep Tariffs Hike on Some Chinese Steel and Aluminum 52 minutes ago President Joe Biden is looking to triple certain tariffs on imports of steel and aluminum from China, according to reports Wednesday. The White House is looking to increase tariffs to 25% from 7.5%, as he aims to attract domestic workers ahead […]

As the world grapples with large-scale violence between countries, a beacon of hope emerges in India’s rapid economic stride despite the global gloom surrounding wars and the world economy. From the IMF to UNCTAD, the Indian economy is receiving a thumbs up as it triumphantly treads on a positive course. The UNCTAD math India’s economy […]

Gloomy economic news for the Valley was presented at the recent annual Turlock Business Conference by Stanislaus State professor of business economics and Foster Farms endowed professor Dr. Gökçe Soydemir, Somjita Mitra of the California Department of Finance and Jessica Bohlen of Retail Strategies. Soydemir began by sharing parts of his 2024-25 San Joaquin Valley […]

Couple Meeting With Financial Advisor. getty Last week, a federal judge in Texas halted sweeping new guidelines that would have very likely compelled banks across the country to increase their activity in historically underserved communities, particularly communities of color. It didn’t make the headlines, but this decision could significantly slow the trajectory of Black economic […]

The U.S. dollar index, which gauges the dollar’s strength to a basket of six major currencies, has increased by 4.6% so far this year and is currently trading close to where it was in early November. The index saw its largest weekly rise since September 2022 last week, up 1.7%. As investors become more certain that […]

Forecasters have consistently underestimated how willing U.S. consumers are to spend their money regardless of high prices and interest rates pressuring household budgets. Hotter-than-expected consumer spending has kept the economy growing, boosted the job market, and stoked inflation beyond expectations. Consumers are apparently not cutting back on things like dining out, defying the expectations built […]

As if the Hamas war was not enough that the escalation of tensions between Iran and Israel has added fuel to the fire in Middle East. The so-called retaliatory drone attack on Israel by Iran on Sunday is making the world anxious about this will pan out for the economies and geopolitics. Global leaders, including […]

The Newcastle skyline, viewed looking across from Gateshead towards the Tyne Bridge and the Glasshouse -Credit:Newcastle Chronicle The North East economy saw its first increase in activity for 10 months but remains one of the weakest performing in the UK, according to an influential business survey. The NatWest North East PMI Business Activity Index, which […]

Stock markets tumbled on Friday to close a rollercoaster of a week on a down note. The end-of-the-week declines were sparked by underwhelming earnings results at the largest U.S. banks, as well as rising geopolitical tensions and ongoing concerns over the Federal Reserve’s monetary policy outlook. This week, markets will focus on earnings, with this […]