by Benzinga | April 30, 2025 8:05 pm | Economics
Wall Street is set for a volatile Wednesday after first-quarter GDP data showed an unexpected economic contraction, stoking fears that a recession may already be underway. The U.S. economy shrank by 0.3% on an annualized basis last quarter, down from 2.4% growth in...
by Benzinga | April 30, 2025 8:05 pm | Economics
Middleton, Massachusetts, April 30, 2025 (GLOBE NEWSWIRE) — The QKS Group SPARK Matrix™ provides competitive analysis & ranking of the leading Data Governance Solutions vendors. Aim Ltd, with its comprehensive technology and customer experience management,...
by Benzinga | April 30, 2025 8:05 pm | Economics
The U.S. economy unexpectedly contracted in the first quarter of 2025, posting its first negative growth reading since the second quarter of 2022 as Donald Trump’s newly imposed trade tariffs sent shockwaves through multiple sectors. Gross domestic product...
by Benzinga | April 30, 2025 7:10 pm | Economics
Semple, Marchal & Cooper (SM&C) has reportedly been expelled from a national accountancy alliance due to its association with Trump Media & Technology Group (NASDAQ:DJT), according to a recent lawsuit. What Happened: SM&C assumed the role of auditor...
by Benzinga | April 30, 2025 6:06 pm | Economics
MONTREAL, April 30, 2025 (GLOBE NEWSWIRE) — Quebec’s digital economy could employ a quarter of Canada’s technology workers by 2030. A new report from the Information and Communications Technology Council (ICTC) presents a six-year outlook on...
by Benzinga | April 30, 2025 5:13 pm | Economics
For the first time in three months, China’s manufacturing activity contracted in April, amid escalating trade tensions with the United States. With the fall of export demand and factory output, this marks its weakest performance since mid-2023. Meanwhile, China...
by Benzinga | April 30, 2025 5:13 pm | Economics
U.S. stock futures declined Wednesday morning, even as major indexes closed higher on Tuesday, with the S&P 500 and Dow Jones logging their sixth consecutive day of gains — marking their longest winning streak in months. Easing of the auto tariffs helped the...
by Benzinga | April 30, 2025 4:09 pm | Economics
At a Michigan rally commemorating the 100th day of his second term, President Donald Trump once again remarked on Federal Reserve Chair Jerome Powell, claiming the superiority of his own knowledge over the former’s without taking his name. What Happened:...
by Benzinga | April 30, 2025 3:09 pm | Economics
As market volatility rises amid tariff concerns and retirement account withdrawals hit record highs, Jim Cramer advocates for greater political consideration of investor interests, challenging the notion that stock market participants are exclusively wealthy elites....
by Benzinga | April 30, 2025 3:09 pm | Economics
Delray Beach, FL, April 30, 2025 (GLOBE NEWSWIRE) — The Technical Ceramics Market size is projected to grow from USD 12.2 billion in 2024 to USD 17.5 billion by 2029, registering a CAGR of 7.4% during the forecast period, as per the recent study by...
by Benzinga | April 30, 2025 11:06 am | Economics
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk drew attention on Tuesday to economic data showing China’s economy has significantly outgrown both the United States and European Union when measured by purchasing power parity. What Happened: “This comes as a surprise to most...
by Benzinga | April 30, 2025 3:05 am | Economics
Wall Street betting markets are on fire just hours before the first-quarter GDP release, with odds of a negative U.S. growth print soaring after months of trade war escalation and a record-breaking goods deficit. According to Kalshi, a CFTC-regulated prediction...
by Benzinga | April 30, 2025 3:05 am | Economics
Major Wall Street investment banks are divided over how the dollar will move from here, yet much clarity could be just days away as a deluge of key economic data looms. In an outlook shared with clients last week, Wells Fargo’s economics team, led by Nick...
by Benzinga | April 30, 2025 1:05 am | Economics
Wall Street rose modestly by midday Tuesday, as investors weighed the latest developments in trade negotiations and awaited a wave of key economic data and corporate earnings set for release later this week. President Donald Trump is expected to unveil a new executive...
by Benzinga | April 30, 2025 1:05 am | Economics
WASHINGTON, April 29, 2025 (GLOBE NEWSWIRE) — What if America’s most valuable asset wasn’t listed on any balance sheet… but has been sitting beneath our feet all along? According to former CIA advisor Jim Rickards, the United States controls a vast...
by Benzinga | April 29, 2025 11:05 pm | Economics
Austin, TX, USA, April 29, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Smoke Detector Market Size, Trends, and Insights By Technology (Photoelectric, Dual Sensors, Ionization), By End Use (Commercial,...
by Benzinga | April 29, 2025 11:05 pm | Economics
American consumers are growing sharply more pessimistic, with expectations about their financial future plunging to the lowest levels since October 2011. Inflation expectations spike as job prospects darken, underscoring the economic challenges surfacing as President...
by Benzinga | April 29, 2025 10:06 pm | Economics
The U.S. posted its widest monthly goods trade deficit on record in March, as companies rushed to import foreign goods ahead of sweeping tariffs set by President Donald Trump on what he dubbed as “Liberation Day.” The U.S. goods trade deficit widened to $161.9 billion...
by Benzinga | April 29, 2025 10:06 pm | Economics
Trade negotiations dominated discussions at last week’s International Monetary Fund meetings in Washington. JPMorgan Chase & Co. (NYSE:JPM) hosted a private session where CEO Jamie Dimon and Treasury Secretary Scott Bessent addressed President Donald...
by Benzinga | April 29, 2025 8:06 pm | Economics
Middleton, Massachusetts, April 29, 2025 (GLOBE NEWSWIRE) — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global API Security Market, signalling a robust growth phase driven by expanding digital...