US Core Inflation Hits 2.8%
The Federal Reserve’s key inflation measure showed growth in February that exceeded preliminary expectations, while consumer spending increased on a smaller scale than forecast.
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US Consumer Sentiment Worsens
In the United States, a deterioration in consumer sentiment was recorded in March, which turned out to be more widespread than preliminary expectations, as the country is currently experiencing a process of increasing concerns about a potential accelerated increase in inflation.
China Reportedly Warns US on Reciprocal-Tariff Reprisal
The media published information according to which China warned the United States of its intention to impose retaliatory trade measures against the US if Washington announces new reciprocal tariffs on goods imported from this Asian country next week.
ICE and Circle to Explore Stablecoin Innovations
Stablecoins and tokenized money market offerings delivered by Circle present ICE with the lucrative potential to develop new solutions and offerings for its large customer base.
Copper Prices Demonstrate Significant Growth
Gold is not the only metal which prices have demonstrated record growth rates during a period of increasing geopolitical turbulence and intensification of fears related to the tightening of tariff confrontation between countries.
Donald Trump Announces New Auto Tariffs
President of the United States Donald Trump on Wednesday, March 26, announced a 25% tariff set, which will take effect on April 2 and will affect all cars shipped to the US.
US Adds More Chinese Companies to Export Blacklist
Last Tuesday, March 25, the United States added dozens of Chinese technology companies to its export blacklist.
Ripple to Pay $50 Million Fine
Ripple and the US Securities and Exchange Commission (SEC) have reached an agreement that provides for the completion of a long-running legal battle between the company and the regulator.
GreenPath Financial Wellness and Pocketnest Join Forces to Boost Access to Financial Counseling and Debt Management
GreenPath and Pocketnest have a shared vision of supporting people who face challenges in their financial wellness journey.
Genetic Testing Company 23andMe Files for Bankruptcy
Gene testing company 23andMe announced last Sunday, March 23, that it had filed for Chapter 11 bankruptcy protection.
Tesla Enters Dining Business
Tesla is entering the market in the dining business, preparing to open a drive-in restaurant in Los Angeles.
Nvidia to Open Quantum Computing Lab
Last Thursday, March 20, Nvidia chief executive officer Jensen Huang announced that the company would open a quantum computing research laboratory in Boston, where the firm plans to collaborate with scientists from Harvard University and the Massachusetts Institute of Technology.
Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
Fed Holds Interest Rates Steady
The Federal Reserve on Wednesday, March 19, decided to leave interest rates unchanged, although at the same time underlined that the cost of borrowing is likely to be lowered later in the current year.
Scott Bessent Sees No Reason for Recession
United States Treasury Secretary Scott Bessent stated that the underlying economy of the country is healthy and the US currently has no reason for a recession, but at the same time rejected the idea that the downturn cannot be.
Alphabet to Buy Wiz for $32 Billion
Alphabet, Google’s parent company, announced on Tuesday, March 18, that it would acquire Wiz in its largest deal valued at approximately $32 billion.
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