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Trump’s White House: America is short 10 million houses
The housing chapter of the annual economic report, obtained by The Associated Press before its release, lays out a blueprint for how more home construction would help the middle class and the overall economy, setting up an argument that Trump could make to voters.Put together by staff at the White House Council of Economic Advisers, it finds there would be…
Trump’s economy officially passes Biden’s for worst consumer sentiment in recorded history
American consumers are more pessimistic about the economy than at any time in recorded history.The University of Michigan’s Consumer Sentiment Index fell to 47.6 in preliminary April 2026 readings released Friday—a 10.7% drop from March’s 53.3 and the lowest reading in the survey’s 74-year history. The figure blew past the prior record low of 50, set in June 2022 during…
Xi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession
The two leaders were pledging closer bilateral ties and called for a joint front to preserve multilateralism—a pointed signal, directed at Washington, that Beijing intends to fill the vacuum left by America’s more unilateral posture on the world stage.“I don’t think anybody knows what the outcome will be,” he said.The stakes are enormous. Iran borders the Strait of Hormuz, a…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Central Banks Embrace Modern-Day Gold Rush Amid Economic Uncertainty
A quiet storm is brewing in the world of finance, with central banks around the globe exhibiting a renewed fascination with gold. This trend, reminiscent of a modern-day gold rush,…
