U.S. debt panic: Are Americans becoming more ‘European’ about money?
As U.S. citizens swiped their credit cards, took on bumper loans, and applied for mega-mortgages during the pandemic, the U.S....
archiveU.S. Economy
Many large U.S. cities are in deep financial trouble. Here’s why
Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay...
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn't at all,...
U.S. dollar modestly higher as sticky inflation persists, yen hits 34-year low
Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
SK Hynix plans to invest $3.87 billion in U.S. chip facility
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January...
Trump’s Not-So-Secret Plan To Blow Up The U.S. Economy: Tariffs
Donald Trump likes to say he created the strongest U.S. economy in history. But the centerpiece of his plans for...
Dollar set for sharpest weekly drop since mid-December ahead of U.S. payrolls
The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded...
US dollar slips as Fed’s Powell says he still expects rate cuts this year
The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...
What Is Going on With Europe’s Economy?
The Old World has new problems. Over the course of 2023, the European economy saw close to zero growth. The...
Why widespread tech layoffs keep happening despite strong U.S. economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The artificial intelligence boom remains in full...
