Catenaa, Tuesday, March 25, 2025- Americans’ expectations for the economy fell to a 12-year low in March, data showed on Tuesday, as consumers expect a recession ahead with uncertainty in Trump’s handling of the economy. The latest consumer confidence index reading from the Conference Board was 92.9 in March, below the 100.1 seen in February and […]
Catenaa, Thursday, March 06, 2025– Most Asian shares were up on Thursday following the rebound in the US stocks after President Donald Trump revised some of his planned tariffs. On Wednesday, the Trump administration decided to give a one-month exemption for US automakers on his 25% tariffs for Mexican and Canadian imports, raising hopes that a trade […]
Catenaa, Wednesday, March 26, 2025- Barclays has slashed their year-end S&P 500 target to 5,900 with deteriorating economic data and reduced earnings power of the listed companies. Barclays Strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday with deteriorating US economic data. The estimate cut reflects Barclay’s expectation […]
Catenaa, Wednesday, March 05, 2025-Tensions between the world’s largest economies escalated as China and Canada retaliated against the latest round of US tariffs, raising fears of a full-scale trade war. The crypto market, already under pressure, saw a significant 12% drop in market value on Tuesday, as investors reassessed their exposure to risk amid mounting […]
Catenaa, Wednesday, March 05, 2025- China has set its economic growth to 5% for 2025, official documents suggested on Wednesday, while presenting more stimulus measures to bolster the economy. In the Government Work Report released after its government annual meeting, Beijing has raised its budget deficit level to 4% of Gross Domestic Product (GDP). This is the […]
Catenaa, Wednesday, April 02, 2025-China’s manufacturing activity expanded at its fastest pace in a year in March, with new orders driving production growth, offering some relief to the world’s second-largest economy as it faces mounting US trade pressures. The official manufacturing purchasing managers’ index (PMI) rose to 50.5 in March, up from 50.2 in February, […]
Catenaa, Thursday March 13, 2025- The cryptocurrency market saw a sharp 6% decline on Tuesday, mirroring broader market losses amid growing investor concerns over President Donald Trump’s trade policies. Fears of an economic slowdown intensified as tariffs on key trading partners—Canada, Mexico, and China—sent shockwaves through global markets. Bitcoin fell 3.4% to $79,415, while Ether […]
Catenaa, Thursday, March 06, 2025-The global Crypto market took a significant hit Monday, with the market capitalization sinking 12%, resulting in $1 billion in liquidations across multiple exchanges. Bitcoin, Ethereum, and other major cryptocurrencies saw sharp declines as investors pulled back amid the fading momentum of President Donald Trump’s proposed reserve plan. Trump’s controversial plan, […]
Catenaa, Friday, April 03, 2025-Cryptocurrency prices tumbled Wednesday after President Donald Trump unveiled new reciprocal tariffs on nearly 200 U.S. trading partners, sparking market-wide selloffs. Bitcoin fell 3% to $82,600 after briefly touching $88,000. Ethereum dropped over 6% to below $1,800, while Solana shed 6.5%, trading near $118. Other top cryptocurrencies, including Dogecoin and XRP, […]
Catenaa, Thursday, January 30, 2025 – The European Central Bank (ECB) has renewed its call for a digital euro, citing U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins as a key motivator for Europe to advance its own digital currency plans. ECB board member Piero Cipollone said Trump’s Jan. 23 order could disintermediate […]
Catenaa, Friday, April 04, 2025-Goldman Sachs raised the probability of a US recession to 35%, up from 20%, citing economic risks tied to tariffs and policy uncertainty. As economic turbulence grows, conflicting reports emerged Wednesday about Elon Musk’s potential departure from his role with the Department of Government Efficiency (DOGE), an advisory entity under the […]
Catenaa, Monday, February 17, 2025 – European shares led by defence stocks rose to record highs on Monday, as the top political leaders of the region called for an emergency summit on the Ukraine war amid growing U.S. calls to boost military spending for security. The pan-European STOXX 600 index jumped as high as 0.4%, as a […]
Catenaa, Tuesday, April 01, 2025– US automaker Ford reported a 1.3% drop in US sales in the, the company said on Tuesday, despite a 10% increase in March sales, hit by the discontinuation of some models and the timing of certain rental fleet sales. The automaker’s overall sales fell to 501,291 units in the three […]
Catenaa, Friday, March 07, 2025- Global shipping giant CMA CGM SA will invest $20 billion in the US, President Donald Trump said on Friday, to develop maritime infrastructure, logistics and terminals. The investment which would be made over four years will create 10,000 new jobs in the US. “It’s so important because it’s about shipping,” Trump said […]
Catenaa, Monday, March 03, 2025- Goldman Sachs says any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy as earnings growth for the year is revised to 9% from 11%. In a note on Monday, Goldman Sachs Strategist David Kostin said investor exposure declined last week as the […]
Catenaa, Friday, March 14, 2025-Goldman Sachs has downgraded its US economic outlook for 2025, citing President Donald Trump’s escalating tariff policies as a major risk to growth, the investment bank’s chief economist, Jan Hatzius, said Tuesday. Goldman now forecasts US GDP to grow at US 1.7% US next year, down from its previous US 2.4% […]
Catenaa, Wednesday, March 12, 2025– Goldman Sachs lowered its 2025 year-end target for the S&P 500 to 6,200 from 6,500 on Tuesday, due to policy uncertainty largely related to tariffs and concerns about the economic growth outlook. Goldman Sachs said a 4% reduction in its fair-value forward price-to-earnings (P/E) multiple from 21.5x to 20.6x. The firm also […]
Catenaa, Monday, March 31, 2025– Goldman Sachs expects the Federal Reserve to have three 25 bps interest rate cuts in 2025 while it upgrades its 12-month recession probability to 35% as Liberation Day approaches. The Wall Street brokerage said in a note on Sunday that now it sees consecutive cuts in July, September, and November, […]
Catenaa, Tuesday, Mach 25, 2025-Hyundai Motor Group revealed a $21 billion investment in the US alongside President Donald Trump at the White House on Monday, marking a significant expansion of its American manufacturing presence. The investment includes a $5.8 billion Hyundai Steel plant in Louisiana, projected to produce 2.7 million metric tons of steel annually […]
Catenaa, Monday, January 20, 2025 – Melania Trump, the incoming first lady, launched a cryptocurrency called MELANIA on Sunday, just days after President-elect Donald Trump’s meme coin TRUMP ignited a market frenzy. MELANIA surged past $5 per token shortly after its debut, giving it a fully diluted market valuation of over $5 billion. The launch […]
Catenaa, Tuesday, February 18, 2025 – The majority of Middle East (Mideast) stock markets fell in early trade on Tuesday, due to ongoing global uncertainty surrounding U.S. President Donald Trump’s plans for tariffs on imports which has kept investors on edge. Trump has imposed a 10% tariff on imports from China, and announced plans for 25% tariffs […]
Catenaa, Thursday, April 03, 2025- More than 180 countries are set to face the US reciprocal tariffs by President Donald Trump, where countries such as China sees a tariff of 54% on its exports to the US. Trump and the White House shared a series of charts on social media detailing the tariff rates they […]
Catenaa, Saturday, March 15, 2025-The US Office of the Comptroller of the Currency (OCC) has lifted restrictions on banks engaging with cryptocurrencies, just hours after President Donald Trump vowed to end regulatory barriers affecting the industry. In a March 7 statement, the OCC announced that national banks and federal savings associations can now offer crypto […]
Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]
Catenaa, Tuesday, March 04, 2025-The US Securities and Exchange Commission (SEC) has officially closed its investigation into Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, and has agreed to dismiss its lawsuit against cryptocurrency exchange Kraken, marking a major shift in crypto regulation. Yuga Labs confirmed the SEC’s decision in a […]
Catenaa, Saturday, January 18, 2025 –The US Securities and Exchange Commission(SEC) is set to reassess its cryptocurrency policies following the inauguration of President-elect Donald Trump next week, signaling potential relief for the crypto industry. SEC commissioners Hester Peirce and Mark Uyeda, both advocates for clearer crypto regulations, are expected to revise enforcement actions and redefine […]
Catenaa, Friday, March 21, 2025-The US Senate will hold a confirmation hearing for Paul Atkins, President Donald Trump’s nominee for chair of the Securities and Exchange Commission (SEC), on March 27. The hearing, led by the Senate Committee on Banking, Housing and Urban Affairs, will also include nominees Jonathan Gould for Comptroller of the Currency […]
Catenaa, Friday, March 14, 2025– China’s fast-fashion retailer Shein is committed to taking the company public despite being in the trade war with US President Donald Trump. Executive Chairman of Shein, Donald Tang, said in an interview on Thursday that a listing would help earn public trust and increase transparency of Shein, which has been accused of […]
Catenaa, Wednesday, March 12, 2025– US President Donald Trump’s tariff and other policies have increased the probability of a US recession as the markets unwind on their higher growth expectation, Standard Chartered said. Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, said that although they expect a growth in […]
Catenaa, Tuesday, March 11, 2025- Michael Saylor’s Strategy (Formerly MicroStrategy) continued to buy bitcoin despite a market drop following President Donald Trump’s executive order establishing a US Strategic Bitcoin Reserve last week reports said. The order mandates that the reserve be funded with bitcoin already owned by the government, limiting additional acquisitions unless they adhere […]
Catenaa, Thursday, January 23, 2025 – Donald Trump was inaugurated as the 47th President of the United States on January 20, making a return to power as the first leader since Grover Cleveland to serve non-consecutive terms. Due to freezing temperatures caused by a polar vortex, the ceremony was held in the Capitol Rotunda. In […]
Catenaa, Monday, January 20, 2025 – TikTok began restoring services Sunday after President-elect Donald Trump announced plans to extend the timeline for enforcing a law banning the app unless ByteDance divests its US operations.Trump cited the app’s popularity and its role in benefiting small businesses as reasons for his decision, saying, “Frankly, we have no […]
Catenaa, Tuesday, April 01, 2025- Top 10 global corporations saw a 13.2% decrease in their market value to $18.64 trillion in the first quarter of 2025, LSEG data said on Tuesday, making the biggest drop in market values since June 2022. The prolonged surge in tech stocks, which had been a key driver of equity […]
Catenaa, Friday, March 28, 2025- Toyota Motor’s global production rose for the second consecutive month in February, the company said on Friday, driven by global output and sales in Japan. Global output for the world’s biggest automaker increased 5.8% to 779,790 vehicles year-on-year, with domestic production up 16,2% and that in other countries growing at […]
Catenaa, Monday, February 10, 2025 – The Trump administration has ordered the Consumer Financial Protection Bureau (CFPB) to cease nearly all operations, effectively shutting down the agency established after the 2008 financial crisis to protect consumers. Russell Vought, the newly appointed director of the Office of Management and Budget, instructed the CFPB to halt proposed […]
Catenaa, Monday, March 10, 2025-President Donald Trump announced plans to sign stablecoin legislation before August and vowed to end what he called “Operation Choke Point 2.0,” a policy he claims has stifled crypto banking access. Speaking at the White House’s inaugural crypto summit Friday, Trump emphasized his administration’s shift toward a pro-crypto stance, with industry […]
Catenaa, Thursday, February 13, 2025 – World Liberty Financial (WLFI), a crypto project linked to former President Donald Trump’s family, has unveiled a strategic token reserve called “Macro Strategy” to diversify its holdings and strengthen its financial foundation. Announced Wednesday, the reserve aims to support major cryptocurrencies, including Bitcoin and Ethereum, as well as other […]
Catenaa, Tuesday, March 12, 2025- US President Donald Trump said on Tuesday that he will double his planned tariff on all steel and aluminum to 50% from Canada as the trade war between two countries intensifies. Trump said on social media that the increase of the tariffs set to take effect on Wednesday is a response to […]
Catenna, Thursday, March 13, 2025– US President Donald Trump on Thursday announced a 200% tariff on European wines, champagnes, and other alcoholic imports, threatening the trade worth $14.23 billion. Trump announced the tariffs on Truth Social in response to the 50% tariff the European Union imposed on American whiskey. The US is a critical export […]
Catenaa, Thursday, March 27, 2025- US President Donald Trump imposed 25% duties on all cars and light trucks not made in the US and certain auto parts widening the trade war he initiated when he took office in January. “This will continue to spur growth that you’ve never seen before,” Trump said from the White House […]
Catenaa, Thursday, March 20, 2025-Three executives linked to Trump Media & Technology Group have launched a special purpose acquisition company aiming to raise $179 million to acquire a U.S.-based firm in the cryptocurrency, blockchain, or data security sectors. Renatus Tactical Acquisition Corp I, incorporated in the Cayman Islands, disclosed its plans in a filing with […]
Catenaa, Wednesday, January 22, 2025 –The Trump family’s venture into cryptocurrency met turbulence as newly launched meme coins—Official Trump (TRUMP) and Melania Meme (MELANIA)—suffered sharp declines following President Donald Trump’s inauguration. MELANIA, introduced by First Lady Melania Trump, dropped over 60% from its debut high, settling with a market cap of $625.5 million, according to […]
Catenaa, Tuesday, January 21, 2025 – President Donald Trump has appointed Mark Uyeda, a crypto-friendly Republican commissioner, as the interim chair of the US Securities and Exchange Commission (SEC) following Gary Gensler’s departure. Uyeda, a critic of Gensler’s crypto policies, is expected to push for greater regulatory clarity in the crypto space. Uyeda and fellow […]
Catenaa, Wednesday, January 22, 2025- President Donald Trump granted a full and unconditional pardon to Ross Ulbricht, the founder of the Silk Road darknet marketplace, on Tuesday, allowing him to walk free after over a decade behind bars. The move brings a controversial conclusion to a case that has long captivated the cryptocurrency and legal […]
Catenaa, Wednesday, February 05, 2025 – President Donald Trump signed an executive order Monday to establish the United States’ first sovereign wealth fund, directing the Treasury and Commerce departments to develop a plan within 90 days, reports said. The move has sparked speculation about potential Bitcoin acquisitions. “We have tremendous potential,” Trump said during the […]
Catenaa, Wednesday, March 05, 2025– US President Donald Trump called for new tax cuts, tariffs and curb inflation in his inaugural address to the Congress on Tuesday, as he looked to bring in trillions of dollars to the economy. Trump asked the congress to cut income taxes on Social Security benefits, tips, and overtime pay, and also […]
Catenaa, Thursday, January 16, 2025 – Speculation was rife that US President-elect Donald Trump could sign executive orders on his first day in office targeting crypto de-banking policies and repealing a contentious bank accounting rule from the Biden administration. The orders would reverse the SEC’s March 2022 Staff Accounting Bulletin (SAB 121), which required banks […]
Catenaa, Thursday, January 30, 2025 (Wrapup) – US President Donald Trump told global business leaders last Thursday that they must bring manufacturing back to the US or face tariffs, while also pressing the OPEC alliance to lower oil prices, saying it would help end the Russia-Ukraine war. Speaking via video to the World Economic Forum […]
Catenaa, Monday, March 10, 2025- US President Donald Trump refused to rule out a recession from his planned tariffs as the US economy is in a period of transition. In an interview with Fox News on Sunday, the president said his plans for bigger “reciprocal” tariffs will go into effect on April 2. The White House had […]
Catenaa, February 05, 2025 – The US government held its first official press conference on digital assets Tuesday, with Crypto Czar David Sacks outlining the Trump administration’s commitment to fostering a favorable environment for Bitcoin and blockchain innovation. Sacks emphasized that the administration’s executive order prioritizes digital asset adoption and regulatory clarity, a departure from […]
Catenaa, Monday, March 10, 2025– Taiwan Semiconductor Manufacturing Co. (TSMC), World’s largest chipmaker, said Monday that its revenue for the first two months of 2025 jumped 39% year-over-year, with demand for its artificial intelligence (AI) chips. The company said the revenue in January and February was a combined 553.30 billion New Taiwan dollars or $16.84 billion. February […]
Catenaa, Tuesday, March 04, 2025-Taiwanese chip giant TSMC will invest at least $100 billion in the United States to build advanced semiconductor manufacturing facilities, President Donald Trump announced Monday, marking one of the largest private-sector commitments since his return to office. Speaking at the White House alongside TSMC CEO C.C. Wei, Trump said the investment […]
Catenaa, Friday, March 07, 2025- US added over 150,000 jobs in February, the Labor Department said on Friday, offering reassurances that the labor market has remained relatively stable since President Trump took office. The US added a seasonally adjusted 151,000 jobs in February, slightly below the gain of 170,000 jobs economists polled by The Wall Street Journal […]
Catenaa, Monday, March 31, 2025- US bank stocks are on track for the worst quarter since March 2023 over economic worries as Trump’s liberation day has created market uncertainties. The KBW Nasdaq Bank Index is down 5.09% since the start of the year, and down 10.6% from a month ago on Friday, putting it on […]
Catenna, Monday, March 17, 2025- US Consumer spending rose in February despite uncertainty in the economy as retail sales grew at solid space but less than expected. Headline retail sales rose 0.2% in February, the Commerce Department said on Monday, less than the 0.6% increase economists had expected. Retail sales in January were revised lower […]
Catenaa, Thursday, March 27. 2025- US corporate profits recovered in the fourth quarter after recording an increase of $204.7 billion, official data showed on Thursday, but uncertainty continues in the economy with Trump tariffs. The Commerce Department’s Bureau of Economic Analysis (BEA)said corporate profits with inventory valuation and capital consumption adjustments increased $204.7 billion last […]
Catenna, Thursday, March 13, 2025- US household wealth rose to a record high at the end of 2024, Federal Reserve data showed on Thursday, due to the stock market rally that increased the stock assets of Americans to $ 56 trillion. The net worth of households and non-profit groups rose to $169.4 trillion in the […]
Catenaa, Wednesday, March 12, 2025- US inflation rose by slightly less than expected in February, official data showed on Wednesday, providing a momentary relief for investors and consumers as tariffs threatened to increase prices in the coming months. According to the US Labor Department, the consumer price index, increased by 2.8% year on year in February, cooling […]
Catenaa, Friday, February 28, 2025- US cost of living rose 2.5% in January over the last 12 months, official data said on Friday, showing a different trend from the Consumer Price Index(CPI), which rose unexpectedly in January. Personal Consumption Expenditures(PCE), as measured by the Bureau of Economic Analysis, rose by 2.5% in January year on year, marking […]
Catenaa, Thursday, February 06, 2025 – US lawmakers announced Tuesday the formation of a bipartisan working group to draft regulations for digital assets and stablecoins, aiming to establish a clear federal framework for the crypto industry. Led by key members from Senate and House committees, the group includes Senate Banking Committee Chair Tim Scott (R-S.C.), […]
Catenaa, Thursday, February 27, 2025– US economic growth slowed in the fourth quarter of 2024, official data revealed on Thursday, with increases in consumer and government spending and decline in investments. Commerce Department’s Bureau of Economic Analysis (BEA) said Gross Domestic Product(GDP) decreased to a 2.3% in Q4 year on year, after accelerating at a 3.1% pace […]
Catenaa, Tuesday, March 04, 2025– US stocks fell in the early hours on Tuesday, after President Donald Trump’s promised tariffs tool effect. The Dow Jones Industrial Average dropped by over 765 points, or 1.77% after 2 hours into the market opening, while the S&P 500 fell 1.75%. The tech-heavy Nasdaq inched down 1.57 The policy taxes […]
Catenaa, Wednesday, April 02, 2025- US retailing giant Walmart is continuing to push Chinese suppliers to cut prices to offset President Donald Trump’s tariffs, Bloomberg reported on Tuesday, as liberation day is at hand. Quoting sources, Bloomberg said some Chinese manufacturers are finding it difficult to meet Walmart’s demands to cut prices by as much […]
Catebnaa, Monday, March 10, 2025- The White House on Friday, March 7 announced the establishment of a Strategic Bitcoin Reserve, a first-of-its-kind federal initiative to hold approximately 200,000 bitcoins—valued at $17 billion—sourced from assets seized in court proceedings. However, critics warn that rapid government adoption of digital assets must be met with clear guardrails to […]
Catenaa, Monday, January 27, 2025 – World Liberty Financial (WLF), a decentralized finance platform tied to President-elect Donald Trump, has secured four Ethereum Name Service (ENS) domain names, sparking speculation about future Trump-linked meme coin launches. The domains – worldliberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth were purchased through bulk transfers late Sunday night, as revealed by […]