latest news in economy

Crypto Stocks Plunge as Bitcoin Enters Deep Bear Market Territory

Crypto Stocks Plunge as Bitcoin Enters Deep Bear Market Territory

New York, Tuesday, 16 December 2025.
Bitcoin’s 30% drop from its October high of $126,000 has triggered a sharp sell-off in linked equities like MARA and IREN. With prices sliding below $86,000, this high correlation signals a harsh end to 2025.

Recessions Double the Long-Term Cost of Losing a Job

Recessions Double the Long-Term Cost of Losing a Job

Washington D.C., Tuesday, 16 December 2025.
Brookings data reveals that workers displaced during high unemployment lose a staggering 2.8 years of earnings—doubling the financial penalty faced during stable economic periods.

Major Chains Streamline Menus to Counter Inflation and Tariffs

Major Chains Streamline Menus to Counter Inflation and Tariffs

New York, Tuesday, 16 December 2025.
Facing a 33% surge in dining costs since 2020, chains are treating kitchens like factories; Applebee’s slashed its menu to 105 items to offset tariffs and sustain volume.

Nonbank Financial Sector Grows Twice as Fast as Traditional Banks in 2024

Nonbank Financial Sector Grows Twice as Fast as Traditional Banks in 2024

Basel, Tuesday, 16 December 2025.
Global nonbank assets surged to $256.8 trillion in 2024, expanding twice as fast as traditional banks and now controlling over half of the world’s financial system.

Ten Communities Selected to Drive Regional Growth Through Immigrant Inclusion Strategies

Ten Communities Selected to Drive Regional Growth Through Immigrant Inclusion Strategies

Washington D.C., Tuesday, 16 December 2025.
The American Immigration Council’s 2026 Gateways for Growth Challenge equips ten communities with customized economic research to leverage immigrant talent, vital for combating regional labor shortages and sustaining local growth.

Fed Governor Claims “Phantom Inflation” Is Misleading Interest Rate Decisions

Fed Governor Claims “Phantom Inflation” Is Misleading Interest Rate Decisions

Washington, Tuesday, 16 December 2025.
Federal Reserve Governor Miran warns that “phantom inflation” from lagging housing data hides the reality that true prices are near target at 2.3%, risking unnecessary job losses.

Nikkei 225 Breaches 49,700 Level as Tech Selloff and Rate Hike Fears Grip Tokyo

Nikkei 225 Breaches 49,700 Level as Tech Selloff and Rate Hike Fears Grip Tokyo

Tokyo, Tuesday, 16 December 2025.
On Tuesday, December 16, 2025, Japan’s Nikkei 225 Index fell 1.35% to close at 49,489, breaching the critical 49,700 threshold amid a global tech selloff. The decline was heavily influenced by a sharp correction in AI-related stocks, with Advantest Corp plunging 6.42% and Kioxia Holdings dropping 3.1%, mirroring similar trends on Wall Street. Beyond the tech sector, market sentiment is being tested by the widely anticipated Bank of Japan interest rate hike expected later this week. This dual pressure of external market correlation and domestic monetary tightening highlights a pivotal moment for asset managers navigating Asian market volatility.

Evercore Strategist Predicts Continued Market Gains Due to Missing Recession Signals

Evercore Strategist Predicts Continued Market Gains Due to Missing Recession Signals

New York, Tuesday, 16 December 2025.
Evercore ISI projects an 8.5% S&P 500 rise through 2026, arguing that despite high valuations, the systemic forces that typically trigger bear markets are currently absent from the financial landscape.

S&P 500 Set for Record Profit Margins and Double-Digit Growth in 2025

S&P 500 Set for Record Profit Margins and Double-Digit Growth in 2025

New York, Tuesday, 16 December 2025.
Driven by major tech stocks, the S&P 500 is projected to reach a 12.9% net profit margin in 2025, potentially marking the highest profitability level since 2008.

Capital Rotates From Big Tech to Small Caps in Year-End Shift

Capital Rotates From Big Tech to Small Caps in Year-End Shift

New York, Monday, 15 December 2025.
As 2025 concludes, capital is fleeing Big Tech for small caps, driving the Russell 2000’s 2.3% December surge. Sparked by Oracle’s slump, investors are questioning AI profitability and favoring broader market exposure.