latest news in economy

Natural Gas Prices Surge as Freeport LNG Resumes Operations

Natural Gas Prices Surge as Freeport LNG Resumes Operations

Texas, Friday, 28 March 2025.
Natural gas futures rise to $3.9/MMBtu following Freeport LNG’s Texas plant restart, emphasizing export capabilities’ impact on market dynamics.

TSX Unsteady as Trump’s Auto Tariff Announcement Causes Ripples

TSX Unsteady as Trump’s Auto Tariff Announcement Causes Ripples

Toronto, Friday, 28 March 2025.
The Toronto Stock Exchange sees volatility as investors weigh Trump’s new auto tariffs, affecting both the market’s direction and the automotive sector’s economic stability.

Core Inflation Surpasses Expectations, Challenges Fed's Rate Plans

Core Inflation Surpasses Expectations, Challenges Fed's Rate Plans

Washington D.C., Saturday, 29 March 2025.
Core PCE inflation rose to 2.8% in February 2025, exceeding the forecast, presenting ongoing challenges for the Fed’s interest rate strategy amid looming tariff uncertainties.

U.S. Economy Sees 2.4% Growth in Q4 2024 Amid Rising Consumer Spending

U.S. Economy Sees 2.4% Growth in Q4 2024 Amid Rising Consumer Spending

United States, Thursday, 27 March 2025.
In Q4 2024, the U.S. economy grew at a 2.4% annual rate, driven by a surge in consumer spending. Despite trade tensions, consumer confidence remained resilient.

Is the S&P 500 Signaling an Imminent Bear Market?

Is the S&P 500 Signaling an Imminent Bear Market?

New York, Wednesday, 26 March 2025.
The S&P 500 nears its 200-day moving average, raising concerns of a potential bear market. Market indicators, including volatile investor sentiment and technical breakouts, suggest crucial developments ahead.

Record Wall Street Bonuses Amid Soaring Profits

Record Wall Street Bonuses Amid Soaring Profits

New York, Wednesday, 26 March 2025.
Wall Street bonuses have hit an all-time high, with profits surging by 90% in 2024. However, economic uncertainties pose questions about the future sustainability of these financial gains.

Hidden Swipe Fees Drain U.S. Economy by $172 Billion Annually

Hidden Swipe Fees Drain U.S. Economy by $172 Billion Annually

United States, Wednesday, 26 March 2025.
Swipe fees cost U.S. businesses $172 billion annually, heavily impacting economics and business profitability. These costs often pass to consumers, costing families approximately $1,100 yearly.

Gender Wage Gap Expected to Persist Until 2068 Says Report

Gender Wage Gap Expected to Persist Until 2068 Says Report

United States, Wednesday, 26 March 2025.
A report from Future Forward Women projects the gender wage gap may endure until 2068, with Black and Latina women facing even longer inequality. The gap has narrowed only by 1%.

Freddie Mac's February 2025 Mortgage Activity Highlights Economic Trends

Freddie Mac's February 2025 Mortgage Activity Highlights Economic Trends

McLean, Tuesday, 25 March 2025.
Freddie Mac’s report reveals key insights into February 2025 mortgage origination trends and borrower demographics, essential for investors and policymakers analyzing housing market dynamics.

Affirm and Competitors Now Report BNPL Data to Credit Bureaus

Affirm and Competitors Now Report BNPL Data to Credit Bureaus

San Francisco, Tuesday, 25 March 2025.
Affirm and other BNPL firms begin sharing consumer data with credit bureaus, merging digital transactions with credit evaluations, a move that could modify credit assessments.