by Benzinga | May 8, 2025 8:09 pm | Economics
Delray Beach, FL, May 08, 2025 (GLOBE NEWSWIRE) — The report “US Cargo Drones Market by Solution [Avionics, Route Planning & Optimizing, Fleet Management, Ground Control Stations, Services], Range (Short, Mid, Long) , Payload (10-49 Kg, 50-149 Kg,...
by Benzinga | May 8, 2025 7:09 pm | Economics
Delray Beach, FL, May 08, 2025 (GLOBE NEWSWIRE) — The global precision medicine market, valued at US$132.46 billion in 2023, is forecasted to grow at a robust CAGR of 11.1%, reaching US$145.53 billion in 2024 and an impressive US$246.66 billion by 2029. Factors...
by Benzinga | May 8, 2025 7:09 pm | Economics
Despite mounting pressure and calls for lower interest rates, the Federal Reserve held rates steady at 4.25%-4.5% on Wednesday. This analyst anticipates that the Fed would be among the last central banks to cut interest rates, while still expecting four cuts this...
by Benzinga | May 8, 2025 6:09 pm | Economics
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — The 2025 Biz2Credit Top Cities for Small Business Study has identified Worcester, MA, as the top city for small businesses in its annual financial analysis. According to Biz2Credit’s analysis, the other cities in...
by Benzinga | May 8, 2025 6:09 pm | Economics
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — As part of GDEV Management, LLC’s (GDEV) commitment to support sustainable infrastructure and energy technologies, GDEV today released its 2024 Energy and Impact Report. GDEV’s investments scale energy...
by Benzinga | May 8, 2025 5:10 pm | Economics
U.S. stock futures rose on Thursday after two days of advance on Wednesday. Futures of major benchmark indices were higher in premarket. This followed the Federal Reserve’s decision to hold the interest rate steady at 4.25% to 4.5% on Wednesday. “The tariff...
by Benzinga | May 8, 2025 4:15 pm | Economics
U.S. Vice President J.D. Vance has highlighted the importance of unity between the U.S. and Europe, marking a significant shift from his previous stance. What Happened: Vance made these comments at the Munich Leaders Meeting in Washington on Wednesday. “I do still...
by Benzinga | May 8, 2025 3:09 pm | Economics
Austin, TX, USA, May 08, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Edible Oil Market Size, Trends and Insights By Product Type (Palm Oil, Soybean oil, Sunflower Oil, Rapeseed Oil, Others), By Packaging Type...
by Benzinga | May 8, 2025 8:09 am | Economics
President Donald Trump stated, on Wednesday, that he has no intention of easing the 145% tariff on Chinese imports. What Happened: During an Oval Office press session, he was asked about the possibility of reducing tariffs, to which he replied, “No,” reported...
by Benzinga | May 8, 2025 6:05 am | Economics
VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX:CXB, OTCQX:CXBMF) (the “Company” or “Calibre”) is pleased to announce financial and operating results for the three months (“Q1”) ended...
by Benzinga | May 8, 2025 3:09 am | Economics
A growing chorus of economists is sounding the alarm that stagflation — a toxic mix of sluggish growth, rising unemployment, and persistent inflation — is no longer a distant threat but the most probable path for the U.S. economy. Reacting to the May Federal Open...
by Benzinga | May 8, 2025 3:09 am | Economics
Austin, TX, USA, May 08, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Amusement Park Market Size, Trends and Insights By Type (Theme Park, Water Park, Others (Family Entertainment Centers, Children’s...
by Benzinga | May 8, 2025 3:06 am | Economics
Federal Reserve Chair Jerome Powell warned Wednesday that the step increases in tariffs announced by President Donald Trump last month has introduced “a great deal of uncertainty” into the U.S. economic outlook. Addressing reporters after the May Federal Open Market...
by Benzinga | May 8, 2025 1:07 am | Economics
The Federal Reserve kept its fed funds rate steady at 4.25%-4.50% on Wednesday, a widely expected move that marks the third consecutive pause in interest-rate policy. “Uncertainty about the economic outlook has increased further,” the Fed noted in its...
by Benzinga | May 8, 2025 12:09 am | Economics
U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET. Trade developments continued to influence market sentiment. During a Senate...
by Benzinga | May 7, 2025 10:06 pm | Economics
As Wall Street gears up for Federal Reserve Chair Jerome Powell’s press conference on Wednesday at 2:30 p.m. ET, all eyes are on his messaging rather than the central bank’s policy action. The Fed is widely expected to hold interest rates steady at 4.25%-4.50%...
by Benzinga | May 7, 2025 9:05 pm | Economics
As the U.S. and China move toward initiating trade talks, this expert says that China could use “geopolitical game theory” by selling all its U.S. holdings, which could force the administration to cave in without any negotiations. What Happened: According to economist...
by Benzinga | May 7, 2025 9:05 pm | Economics
In a recent note, RSM chief economist Joseph Brusuelas has warned of a potential tariff-induced recession, which could begin on the coast, leading to increased inflation and unemployment. What Happened: Brusuelas expressed concern that inconsistent tariff policies...
by Benzinga | May 7, 2025 7:09 pm | Economics
U.S. homebuyers and refinancers staged an aggressive comeback last week, taking swift advantage of slightly lower interest rates just as Wall Street braces for the Federal Reserve’s policy decision on Wednesday. The Mortgage Bankers Association (MBA) reported...
by Benzinga | May 7, 2025 5:06 pm | Economics
U.S. stock futures rose on Wednesday after two days of decline on Tuesday. Futures of major benchmark indices were higher in premarket. The upmove comes after the U.S. and China agreed to hold high-level trade talks in Switzerland this weekend, their first major...
