latest news in economy

Private Equity Eyes Expansion in $12.5 Trillion Retirement Plans

Private Equity Eyes Expansion in $12.5 Trillion Retirement Plans

Washington D.C., Wednesday, 12 March 2025.
As private equity firms pursue the massive retirement plan market, concerns rise over potential risks and rewards of increased alternative investment inclusion, posing strategic opportunities and challenges.

U.S. Budget Deficit Surges to $1 Trillion Mark Under Trump Administration

U.S. Budget Deficit Surges to $1 Trillion Mark Under Trump Administration

Washington, D.C., Wednesday, 12 March 2025.
In the first months of 2025, the U.S. budget deficit exceeded $1 trillion, sparking concerns over fiscal policies and economic impacts.

Canada Imposes $29.8 Billion Tariffs on U.S. Amid Trade Dispute

Canada Imposes $29.8 Billion Tariffs on U.S. Amid Trade Dispute

Ottawa, Wednesday, 12 March 2025.
Canada responds to U.S. tariffs on steel and aluminum with $29.8 billion in retaliatory tariffs, affecting bilateral trade and cross-border supply chains, potentially impacting both countries’ economies.

Fed Awaits Crucial CPI Report to Gauge Inflation Path

Fed Awaits Crucial CPI Report to Gauge Inflation Path

Washington, D.C., Wednesday, 12 March 2025.
Inflation trends are expected to moderate to 2.8% in February 2025, affecting the Fed’s policy direction and investor sentiment amidst Trump’s tariff repercussions.

U.S. Renewable Energy Surpasses Fossil Fuels

U.S. Renewable Energy Surpasses Fossil Fuels

Washington, D.C., Tuesday, 11 March 2025.
The U.S. clean energy sector sees unprecedented growth due to advances in solar and wind energy, grid updates, and electric vehicles, marking a fundamental shift in the national energy landscape.

Boston Pizza Reveals February Distribution Plans Amidst Market Dynamics

Boston Pizza Reveals February Distribution Plans Amidst Market Dynamics

Canada, Tuesday, 11 March 2025.
Boston Pizza Royalties Income Fund announces a February distribution, emphasizing its strategy for steady income to stakeholders; this development may affect strategies for investors in income-focused funds.

Federal Reserve Advocates Steady Interest Rates Amid Inflation Concerns

Federal Reserve Advocates Steady Interest Rates Amid Inflation Concerns

Washington, Tuesday, 11 March 2025.
Fed Governor Adriana Kugler supports maintaining current rates to counter persistent inflation, driven by geopolitical factors and market instability, with inflation expectations now reaching 6%.

U.S. Stock Market Faces Major Sell-Off Amid Economic Policy Fears

U.S. Stock Market Faces Major Sell-Off Amid Economic Policy Fears

New York, Tuesday, 11 March 2025.
The S&P 500 sharply declined as investor worries rise over possible economic disruptions and government fiscal reforms. Major indexes, including Nasdaq, saw substantial losses, impacting tech giants like Nvidia and Tesla.

Unchanged Inflation Expectations Challenge Economic Outlook

Unchanged Inflation Expectations Challenge Economic Outlook

New York City, Tuesday, 11 March 2025.
Despite stable medium- and long-term inflation expectations, consumer pessimism about personal financial futures presents challenges for policymakers amidst rising unemployment and spending prospects.

U.S. BOPIS Market Poised for Remarkable Growth by 2033

U.S. BOPIS Market Poised for Remarkable Growth by 2033

New York, Monday, 10 March 2025.
The U.S. BOPIS market is projected to expand from $129.36 billion in 2024 to $509.4 billion by 2033, driven by technological advancements and growing omnichannel retail strategies.