#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Australia’s RBA sees scope for future rate cuts
Australia’s central bank, the RBA, disclosed minutes from its August 11-12 board meeting, revealing that more rate cuts will be needed over the next few months. The board agreed that the easing could ...
China drives 300% surge in semi-finished steel exports
China has dumped a staggering 7.4 million tons of semi-finished steel into the global market between January and July 2025, a 320% increase compared to the same period last year, according to reportin...
Milei’s economic push stumbles under corruption scandals
Argentina’s financial markets slumped this week as corruption allegations against officials linked to President Javier Milei rattled markets and deepened uncertainty ahead of the October midterm elect...
A First in US History! Donald Trump Announces He Dismissed the Fed Member Whose Resignation He Called For! Here's What You Need to Know…
US President Donald Trump has been saying for a long time that the Fed should cut interest rates, stating that the economic situation is good. Trump, who has frequently pressured the FED and FED Chair...
Trump fired Federal Reserve Governor Lisa Cook
President Donald Trump has fired Federal Reserve Governor Lisa Cook, an action he announced Monday in a letter posted on his Truth Social account. The letter , citing authority under Article II of the...
Gas prices in Ohio, Michigan, and Wisconsin jumped up to 27 cents
Gas prices just jumped across the Midwest after the Whiting refinery in Indiana, the largest inland crude facility in the U.S., shut down key units last Tuesday. The outage came after days of heavy ra...
European postal carriers are halting U.S. shipments due to new customs rules ending the de minimis exemption
Postal services in Europe are halting shipments to the United States just days before a major customs change takes effect. According to reporting from CNBC, the freeze is tied to former President Dona...
Trump threatenes a 200% tariff on Chinese magnets if exports to the U.S. don’t increase
Donald Trump on Monday warned that the U.S. could slap a 200% tariff on Chinese magnets if Beijing doesn’t increase shipments to American industries. Speaking to reporters, Trump said , “We have to ch...
Western automakers face high costs, tariffs, competition, and strict carbon rules while shifting to EVs
Auto makers across Europe and the United States are dealing with several crises simultaneously. Slimmer profits, workforce reductions, and cost-cutting are spreading. At the same time, the US has star...
Trump met South Korean President Lee Jae Myung to talk trade, shipbuilding, and North Korea
Donald Trump met South Korean president Lee Jae Myung on Monday at the White House, just weeks after both countries struck a last-minute trade deal. Trump opened the talks by saying the U.S. is behind...
Japan’s finance minister calls for supportive crypto environment
Katsunobu Katō, a Minister of Finance of Japan, has recommended that the country create a supportive environment for the crypto ecosystem. According to Katō, Japan’s strategies in diversified investme...
Software stocks lose steam as AI shifts investor bets
Software’s long streak as a Wall Street favorite is wobbling as artificial intelligence resets expectations. Salesforce Inc., Adobe Inc., and ServiceNow Inc. are among the S&P 500’s weakest names this...