latest news in economy

South Florida Economic Leaders Forge Stronger Ties in NYC

South Florida Economic Leaders Forge Stronger Ties in NYC

New York City, Monday, 8 December 2025.
On December 8, 2025, South Florida economic leaders visited New York City to enhance cross-market opportunities, focusing on strategic partnerships to boost growth and collaboration across key industries.

Federal Reserve Faces Leadership Transition Amid Inflation Concerns

Federal Reserve Faces Leadership Transition Amid Inflation Concerns

Washington D.C., Monday, 8 December 2025.
The Federal Reserve prepares for a leadership change while managing inflation and interest rate pressures, as President Trump is set to nominate a successor to Jerome Powell. Policymakers face complex dynamics balancing rate cuts and inflation.

China's Trade Surplus Surpasses $1 Trillion Amid Export Growth

China's Trade Surplus Surpasses $1 Trillion Amid Export Growth

Beijing, Monday, 8 December 2025.
China’s trade surplus exceeded $1 trillion for the first time in November 2025, driven by a 5.9% increase in exports despite a decline in U.S. shipments, reshaping global trade dynamics.

U.S. Economy Set to Conclude 2025 with Strong 3% GDP Growth

U.S. Economy Set to Conclude 2025 with Strong 3% GDP Growth

Washington, D.C., Monday, 8 December 2025.
U.S. Treasury Secretary Scott Bessent predicts a 3% GDP growth for 2025, driven by strong consumer spending, despite challenges like the Schumer shutdown and media portrayal issues.

Global Aquafeed Market Set for Significant Growth by 2034

Global Aquafeed Market Set for Significant Growth by 2034

New York, Saturday, 6 December 2025.
The aquafeed market is expected to grow significantly due to rising seafood consumption, aquaculture technology advancements, and demand for high-protein diets, reaching $95.4 billion by 2034.

Distributed Energy Generation Market to Reach $1.4 Trillion by 2033

Distributed Energy Generation Market to Reach $1.4 Trillion by 2033

New York, Saturday, 6 December 2025.
The distributed energy generation market is set to grow significantly, driven by renewable energy adoption, hitting $1.4 trillion by 2033 with a 14.6% CAGR, highlighting sustainable energy trends.

Cloud Services Market to Surpass 2.5 Trillion USD by 2031

Cloud Services Market to Surpass 2.5 Trillion USD by 2031

New York, Saturday, 6 December 2025.
The cloud services market, driven by digital transformation and AI integration, is projected to exceed 2.5 trillion USD by 2031, growing at a 16.6% annual rate.

U.S. Treasury Yields Unchanged Amid Lower Inflation Data

U.S. Treasury Yields Unchanged Amid Lower Inflation Data

Washington D.C., Friday, 5 December 2025.
On December 5, 2025, U.S. Treasury yields remained stable as the PCE inflation data for September was lower than expected, influencing potential Federal Reserve rate decisions.

Core Inflation Slows to 2.8% in September 2025

Core Inflation Slows to 2.8% in September 2025

Washington, Friday, 5 December 2025.
The core PCE price index rose by 2.8% annually, slightly below forecasts, potentially impacting the Federal Reserve’s rate decisions as inflation remains above the 2% target.

Hardware Encryption Market to Surpass $428 Billion by 2030 Amid Rising Cyber Threats

Hardware Encryption Market to Surpass $428 Billion by 2030 Amid Rising Cyber Threats

New York, Friday, 5 December 2025.
The hardware encryption market is set to exceed $428 billion by 2030, driven by escalating cybersecurity threats and strict data privacy regulations, highlighting significant opportunities for tech firms.