U.S. Economy

As U.S. Debt Soars past $34 Trillion, Congress has Killed Off its Plan to Tackle the Crisis

The then newly elected House of Representatives’ speaker said in October to establish a bipartisan commission to tackle the federal government’s growing $34.6 trillion in debt.

Investing Ideas

Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. It Soared 1,700% in 2 Years, and Wall Street Says the Stock Is Still a Buy

Shares of Super Micro Computer skyrocketed 1,700% over the last two years, and the company was recently added to the S&P 500 Index.

U.S. Economy

US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes

U.S. economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run of strong demand and muted price pressures that had fueled optimism for a soft landing.

International

IMF Raises India’s 2025 GDP Growth Forecast by 30 bps to 6.8 Percent

The International Monetary Fund on April 16 raised India’s FY25 GDP growth forecast by 30 bps to 6.8%.

International

India & China Inflation Readings are Worlds Apart, India is Playing Catch-up after Covid: Moody's Analytics

Retail inflation outlook for Asia's two largest economies India and China is uncertain and currently 'worlds apart,' Moody's Analytics said in a report on Friday.

International

What's behind China's Gold-buying Spree?

For more than a year, China's central bank has been buying up large amounts of gold.

U.S. Economy

Latest U.S. Inflation Report Showed Rising Prices Continue to Weigh on American Consumers

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months that ended in February, a faster pace than January’s 2.4% rise in prices.

Investing Ideas

Wedbush Adds Alphabet to Best Ideas List, Hikes Price Target

Wedbush analysts added Alphabet (GOOGL) stock to the ‘Best Ideas List’ and raised the target price on the stock to $175 from $160.

International

Japan’s $4 Trillion Offshore Funds Will Ignore First BoJ Hike

Japanese money is poised to stay offshore as the central bank creeps toward tighter policy, according to the latest Bloomberg Markets Live Pulse survey.

Investing Ideas

The Artificial Intelligence (AI) Market Could Soar 820% by 2030: 2 AI Growth Stocks to Buy Now and Hold Long-Term

According to Grand View Research, artificial intelligence (AI) spending across hardware, software, and services totaled about $200 billion last year.

Investing Ideas

Bitcoin Analyst PlanB Predicts 10 Months of ‘Face Melting FOMO’

PlanB’s bull market signal flashed as Bitcoin (BTC) price was trading firmly above the $62,000 mark.

U.S. Economy

Fed-Favored Inflation Gauge Seen Rising Most in a Year

Underlying U.S. inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures.

U.S. Economy

U.S. Retail Sales Dived, Sinking Treasury Yields, but Initial Jobless Claims Slipped by 8,000

Retail sales badly undershot forecasts, including a dive in sales at nonstore retailers like Amazon (AMZN).

U.S. Economy

Slower U.S. Inflation Is Set to Fuel Fed Rate-Cut Optimism

The pulse of U.S. inflation likely continued to slow at the start of the year, helping to feed expectations that the Federal Reserve will find interest-rate cuts more palatable in the coming months.