In a surprising shift, President Trump is set to address the issue of affordability in Mount Pocono, Pennsylvania. This comes after weeks of dismissing affordability concerns as a political ploy. The White House has announced that the president will focus on economic achievements, including lower ga
The Federal Reserve is about to make a big decision. They're likely to lower interest rates for the third time in a row. This move is expected to bring the key interest rate down to between 3. 5% and 3. 75%. But it's not that simple. The Fed is divided. Some members want to keep cutting rates to su
In a recent turn of events, Japan's top financial and economic leaders chose not to react to the Bank of Japan's (BOJ) signal about a possible interest rate hike. This comes after Governor Kazuo Ueda hinted at the possibility of a rate increase this month. The ministers' silence is notable. Typical
This year, Black Friday is more than just a shopping event; it's a strategy for many to cope with rising prices. With the cost of everyday items like food, housing, and energy going up, people are on the lookout for discounts on everything from household essentials to electronics and toys. Gone are
The stock market had an interesting day. The Dow Jones Industrial Average went up. But Nvidia, a big tech company, saw its stock value drop. This happened because of some news about a new AI company called DeepSeek. The Federal Reserve was supposed to release some data about inflation. But it got d
The U. S. Federal Reserve might lower interest rates in December. This is because the economy shows signs of slowing down. Job growth is weaker than before. Inflation is also lower. These changes make it likely that the Fed will cut rates. Investors are hopeful. They think cheaper money is coming.
Bolivia is making a big move to bring cryptocurrencies and stablecoins into its financial system. This step is aimed at updating the country's economy and dealing with some tough financial issues. The economic minister, Jose Gabriel Espinoza, shared this news, highlighting that banks will soon be ab
Prices are going up, and it's not just a small increase. They're climbing at a speed that's making life harder for many people. An expert in economics has pointed out that this affordability crisis could have been avoided. The expert shared some numbers that show how bad it is. In September, prices
In a move to ease the financial burden on regular train users, the UK's finance chief, Rachel Reeves, has announced that rail fares will not increase when she presents her budget plan. This decision comes as a relief to many who rely on trains for their daily commute, especially in light of the ongo
Americans are still feeling the heat when it comes to prices. Despite promises from both sides of the political aisle, the cost of living remains a major concern. The latest data shows that while inflation has cooled down, many everyday items are still more expensive than they were a few years ago. ...
