latest news in economy

Federal Reserve Cuts Rates Again as Wall Street Rallies Despite Internal Dissent

Federal Reserve Cuts Rates Again as Wall Street Rallies Despite Internal Dissent

New York, Thursday, 11 December 2025.
Wall Street rallied yesterday after the Federal Reserve cut rates by 0.25% to support the labor market. Notably, a rare 9-3 split vote signals growing internal division regarding the future pace of monetary easing in 2026.

ECB Poised to Upgrade Growth Outlook as Euro Zone Economy Defies Tariff Fears

ECB Poised to Upgrade Growth Outlook as Euro Zone Economy Defies Tariff Fears

Frankfurt, Thursday, 11 December 2025.
President Lagarde signals an imminent growth forecast upgrade, noting the Euro zone’s unexpected resilience against US tariffs has defied earlier fears of an economic downturn.

FCA's 2026 Strategy: Stablecoin Payments Take Center Stage

FCA's 2026 Strategy: Stablecoin Payments Take Center Stage

London, Thursday, 11 December 2025.
The FCA aims to boost UK financial efficiency with stablecoins, setting regulatory precedents that may influence global cryptocurrency trends and enhance digital transaction convenience.

UK's Financial Giants Unite to Boost Retail Investing

UK's Financial Giants Unite to Boost Retail Investing

London, Thursday, 11 December 2025.
Nineteen top finance firms, including Barclays, launch the UK Retail Investment Campaign to simplify and promote retail investing, aiming to transform personal finance accessibility and literacy in the UK.

China's 2026 Pro-Growth Economic Policies Unveiled

China's 2026 Pro-Growth Economic Policies Unveiled

Beijing, Thursday, 11 December 2025.
China’s CPC leadership is set to boost economic growth in 2026 with policies focusing on innovation, domestic demand, and high-quality development, aiming for resilience amid global challenges.

Jerome Powell Cautions on 'Unusual' U.S. Economy Amid High Tariffs and Labor Market Strain

Jerome Powell Cautions on 'Unusual' U.S. Economy Amid High Tariffs and Labor Market Strain

Washington, D.C., Wednesday, 10 December 2025.
Federal Reserve Chair Jerome Powell highlights challenges of high tariffs and weakening job growth, suggesting official employment figures may significantly overstate reality, prompting potential policy shifts.

Solana Faces Liquidity Crunch: $500M at Risk

Solana Faces Liquidity Crunch: $500M at Risk

San Francisco, Wednesday, 10 December 2025.
Solana’s liquidity has fallen to bear-market levels, risking $500 million in long positions if the price drops 5.5%. This signals potential volatility and a crucial market phase.

Detroit Economic Growth Corporation Spurs City's Revival with Job Creation and Investments

Detroit Economic Growth Corporation Spurs City's Revival with Job Creation and Investments

Detroit, Wednesday, 10 December 2025.
The Detroit Economic Growth Corporation spearheads efforts to revitalize Detroit through innovative investment and job creation strategies, focusing on business support and community enhancement.

Wall Street's Caution Over AI Valuations Reflects Dot-Com Bubble Concerns

Wall Street's Caution Over AI Valuations Reflects Dot-Com Bubble Concerns

New York City, Wednesday, 10 December 2025.
As AI company valuations soar, investors fear a repeat of the dot-com bubble. Analysts monitor trends, weighing sustainability and potential market correction risks.

China's Inflation Hits Two-Year High Amid Economic Challenges

China's Inflation Hits Two-Year High Amid Economic Challenges

Beijing, Wednesday, 10 December 2025.
In November 2025, China’s consumer inflation soared to a near two-year peak, intensifying concerns over economic stability and deflationary trends, urging economists to call for policy interventions.