latest news in economy

U.S. Economy Contracts More Than Expected in Early 2025

U.S. Economy Contracts More Than Expected in Early 2025

Washington, D.C., Thursday, 26 June 2025.
The U.S. economy experienced a 0.5% contraction from January to March 2025. Revised GDP figures reflect the impact of tariffs, with economists anticipating potential policy shifts.

U.S. Prepaid Card Market to Surpass $1 Trillion by 2029

U.S. Prepaid Card Market to Surpass $1 Trillion by 2029

New York, Thursday, 26 June 2025.
The U.S. prepaid card market is predicted to grow at a 9.1% annual rate, reaching $1.06 trillion by 2029, driven by digital transaction demand and financial inclusion improvements.

U.S. Stocks Show Mixed Response as Geopolitical Tensions Ease

U.S. Stocks Show Mixed Response as Geopolitical Tensions Ease

New York, Thursday, 26 June 2025.
On June 26, 2025, U.S. markets show mixed results with the Dow down by 0.25%, the S&P 500 almost steady, and the Nasdaq up by 0.33%, following de-escalation in the Middle East tensions.

eVTOL Aircraft Market Poised for Massive Growth by 2032

eVTOL Aircraft Market Poised for Massive Growth by 2032

New York, Thursday, 26 June 2025.
The eVTOL market is projected to reach $5,664.42 billion by 2032, driven by urban air mobility initiatives. With a 32.5% CAGR, it reflects a major shift towards sustainable aviation.

Autonomous and Hydrogen Fuel Markets Set for Dramatic Expansion

Autonomous and Hydrogen Fuel Markets Set for Dramatic Expansion

New York, Thursday, 26 June 2025.
The autonomous vehicle market is projected to hit $980.7 billion by 2040, while hydrogen fueling stations could reach $22 billion by 2035, driving a shift in global energy solutions.

Bill Gross Predicts Limited Bull Market for Stocks Amid Treasury Struggles

Bill Gross Predicts Limited Bull Market for Stocks Amid Treasury Struggles

Newport Beach, Thursday, 26 June 2025.
Renowned investor Bill Gross forecasts a modest stock market bull trend and challenges for Treasury yields, driven by inflation and fiscal deficits. Investors must watch these dynamics closely.

Inflation Concerns Mount as May 2025 Sees Gradual Price Increases

Inflation Concerns Mount as May 2025 Sees Gradual Price Increases

Washington, D.C., Thursday, 26 June 2025.
In May 2025, consumer prices rose by 0.2%, outpacing the Federal Reserve’s target of 2% annual inflation. This trend could prompt tighter monetary policies, with food prices rising particularly swiftly.

Understanding Bear and Bull Markets' Impact on Investment Strategy

Understanding Bear and Bull Markets' Impact on Investment Strategy

New York, Thursday, 26 June 2025.
The study reveals patterns in market cycles, stressing investor vigilance during fluctuating conditions to maintain financial stability and growth. Opportunities arise even during market downturns.

Alpha Emitter Market Projected to Hit USD 1.44 Billion by 2030

Alpha Emitter Market Projected to Hit USD 1.44 Billion by 2030

New York, Thursday, 26 June 2025.
The alpha emitter market is poised for growth, driven by rising demand for targeted alpha therapy in oncology. This trend may enhance cancer treatments and influence healthcare investments.

Japan Inflation Exceeds BOJ Target As Rice Prices Double

Japan Inflation Exceeds BOJ Target As Rice Prices Double

Tokyo, Thursday, 26 June 2025.
Inflation in Japan remains above the Bank of Japan’s target due to surging rice prices. Despite this, the Bank plans to keep its policy rate steady.