by Benzinga | May 5, 2025 12:07 pm | Economics
Treasury Secretary Scott Bessent defended President Donald Trump‘s economic agenda on Sunday in an op-ed, arguing that the administration’s approach will benefit Main Street while maintaining Wall Street’s strength. What Happened: “President Trump intends to usher in...
by Benzinga | May 4, 2025 9:05 pm | Economics
The weekend was a whirlwind of news, with Elon Musk’s reactions to Ray Dalio’s warning about U.S. decline and his mixed feelings about his first 100 days in office. Major U.S. retailers are pushing Chinese suppliers to resume shipments, while the Nasdaq has made a...
by Benzinga | May 3, 2025 6:04 am | Economics
Washington, DC, May 02, 2025 (GLOBE NEWSWIRE) — Link to ThinkCareBelieve’s Article: https://thinkcarebelieve.blog/2025/05/02/week-15-of-the-trump-administration/ Article on Deportations, Criminal Aliens and Child Trafficking- What is The Truth? ...
by Benzinga | May 3, 2025 3:04 am | Economics
Wall Street extended its rally this week, fully erasing the losses suffered after the Trump administration’s tariff announcement on April 2. Investor sentiment was buoyed by encouraging developments in trade negotiations and, most importantly, a...
by Benzinga | May 3, 2025 2:05 am | Economics
Boston, May 02, 2025 (GLOBE NEWSWIRE) — According to the latest study from BCC Research, the demand for Cell-Based Assays: Technologies and Global Markets is estimated to increase from $35.3 billion in 2024 to $56.3 billion by 2029, at a compound annual growth...
by Benzinga | May 3, 2025 1:05 am | Economics
U.S. stocks powered higher Friday after signs emerged that China may be open to negotiating a resolution to the fentanyl crisis, signaling a potential softening of trade tensions with the U.S. and lifting investor sentiment. Sources close to the Wall Street Journal...
by Benzinga | May 3, 2025 1:05 am | Economics
WASHINGTON, May 02, 2025 (GLOBE NEWSWIRE) — According to former CIA advisor Jim Rickards, America may be sitting on a legacy far greater than anything accounted for in its budgets, policies, or market forecasts. “It’s not buried in a vault....
by Benzinga | May 2, 2025 10:06 pm | Economics
A historic divergence is unfolding across asset classes, with gold surging to its best presidential-term start since Gerald Ford while U.S. stocks post their worst performance since the same era, and Bank of America’s chief strategist Michael Hartnett says...
by Benzinga | May 2, 2025 9:05 pm | Economics
WASHINGTON, May 02, 2025 (GLOBE NEWSWIRE) — America has long been defined by bold leaps — from the space race to the tech boom to global financial dominance. But according to Jim Rickards, former CIA advisor and economic strategist, the country may have already...
by Benzinga | May 2, 2025 9:05 pm | Economics
Editor’s Note: This headline has been updated to reflect the accurate wording of Donald Trump’s quote President Donald Trump on Friday celebrated what he described as a “transition stage” of economic renewal, as recent economic data showed...
by Benzinga | May 2, 2025 8:05 pm | Economics
The U.S. labor market showed signs of strength in April, with hiring momentum topping estimates despite the impact of trade tariffs across industries. Nonfarm payrolls increased by 177,000 last month, slightly down from a downwardly revised 185,000 in March, according...
by Benzinga | May 2, 2025 7:06 pm | Economics
The global copper market could experience a notable surplus over the next two years, as analysts anticipate rising production and weakening demand owing to rising international trade tensions. The International Copper Study Group (ICSG) concluded its biannual meeting...
by Benzinga | May 2, 2025 7:06 pm | Economics
Elon Musk, has expressed mixed feelings about his first 100 days in office, acknowledging progress in Department of Government Efficiency (DOGE), but admitting limitations. What Happened: Musk described his initial tenure in Washington as “very, very intense.” He...
by Benzinga | May 2, 2025 5:09 pm | Economics
As the economic repercussions of President Donald Trump’s tariff strategy are felt across the country, White House senior advisor Stephen Miller suggested on Thursday that American consumers would happily pay a higher price for toys manufactured domestically....
by Benzinga | May 2, 2025 4:06 pm | Economics
Billionaire Elon Musk called for the Department of Government Efficiency (DOGE) to investigate the Federal Reserve’s $2.5 billion headquarters renovation spending, escalating his scrutiny of the central bank as he prepares to reduce his role in the government...
by Benzinga | May 2, 2025 4:06 pm | Economics
Billionaire Investor Bill Ackman called on President Donald Trump to temporarily pause tariffs on Chinese imports, arguing such a move would strategically benefit U.S. trade negotiations. What Happened: Ackman, CEO of Pershing Square Capital Management, stated on X...
by Benzinga | May 2, 2025 3:09 pm | Economics
Microsoft Corp (NASDAQ:MSFT) announced on Thursday it will raise Xbox console prices globally, with U.S. models increasing by up to 27% as the gaming industry grapples with new tariff pressures. The move follows similar price hikes from Sony Corp. (NYSE:SONY) and...
by Benzinga | May 2, 2025 8:05 am | Economics
Delray Beach, FL, May 01, 2025 (GLOBE NEWSWIRE) — In terms of value, the Polymethyl Methacrylate (PMMA) Market size is projected to grow from USD 5.1 billion in 2024 to USD 6.1 billion by 2029, at a CAGR of 3.4%, as per the recent study by MarketsandMarkets™....
by Benzinga | May 2, 2025 3:08 am | Economics
Gold just wrapped up its biggest outperformance versus the U.S. stock market in 14 years, delivering returns dwarfing those from the S&P 500 for the fifth straight month in April. The yellow metal’s 34% rally against the benchmark U.S. share index over the last...
by Benzinga | May 2, 2025 3:07 am | Economics
MCLEAN, Va., May 01, 2025 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today posted to its website its Monthly Volume Summary for March 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management,...
