latest news in economy

Wall Street Soars Amid Rate Cut Hopes

Wall Street Soars Amid Rate Cut Hopes

New York, Saturday, 13 September 2025.
Wall Street achieved its best week in over a month, driven by expectations of Federal Reserve interest rate cuts, which could further lower mortgage rates and boost the economy.

CBO Forecasts Economic Downturn for 2025

CBO Forecasts Economic Downturn for 2025

Washington, Friday, 12 September 2025.
The CBO predicts worsening unemployment, inflation, and GDP growth in 2025, urging strategic planning to mitigate potential impacts on consumer spending and investment.

Energy-Efficient Construction Fuels Insulated Concrete Form Market Boom

Energy-Efficient Construction Fuels Insulated Concrete Form Market Boom

Global, Friday, 12 September 2025.
The insulated concrete form market is set to double its value by 2031 due to rising demand for sustainable construction and energy efficiency.

Hospital Demand to Propel Large Volume Parenteral Market to USD 21 Billion by 2035

Hospital Demand to Propel Large Volume Parenteral Market to USD 21 Billion by 2035

New York, Friday, 12 September 2025.
Projected growth in the Large Volume Parenteral market is driven by hospital demand and expanding IV therapy applications, with significant increases expected in the U.S., Europe, and Japan.

AI and Data Centers Strain Philippine Energy Grid, Warns Solaren

AI and Data Centers Strain Philippine Energy Grid, Warns Solaren

Philippines, Friday, 12 September 2025.
As AI and data center growth drive energy demand, Solaren highlights risks to the Philippine grid, urging for coordinated planning to ensure energy infrastructure can support future needs.

Road Transport Management System Market Projected to Skyrocket by 2033

Road Transport Management System Market Projected to Skyrocket by 2033

New York, Friday, 12 September 2025.
The Road Transport Management System market is set to grow from $4.5 billion in 2023 to $15.3 billion by 2033, driven by smart mobility technology advancements optimizing fleet operations.

Vehicle Recycling Industry Poised for Growth Amid Eco-Friendly Shifts

Vehicle Recycling Industry Poised for Growth Amid Eco-Friendly Shifts

New York, Friday, 12 September 2025.
A new report highlights significant growth in vehicle recycling through 2033, driven by technological advancements and eco-conscious practices, projecting the market to reach USD 254 billion.

CBO Warns of Economic Risks from Immigration Crackdown

CBO Warns of Economic Risks from Immigration Crackdown

Washington, D.C., Friday, 12 September 2025.
CBO warns that recent U.S. immigration policies may lead to labor shortages, hindering GDP growth and increasing inflationary pressures.

Global Blood Testing Market to Surge to USD 249.7 Billion by 2035

Global Blood Testing Market to Surge to USD 249.7 Billion by 2035

New York, Saturday, 13 September 2025.
The blood testing market is poised for substantial growth, driven by rising chronic diseases and technological advances, projecting a CAGR of 8.2% to reach USD 249.7 billion by 2035.

CPI Climbs 2.9% in August 2025 Amidst Tariff Impact

CPI Climbs 2.9% in August 2025 Amidst Tariff Impact

Washington, D.C., Thursday, 11 September 2025.
The Consumer Price Index rose 2.9% annually in August 2025, driven by tariffs under Trump, raising inflation to its highest since January. This surge challenges consumer pricing strategies.