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, Tuesday, April 15, 2025- Bank of America reported 10% jump in profits in the first quarter with growth in interest income and gains from a volatile market. The bank said its net income grew to $7.4 billion and earnings per share to $0.90 from $0.76 last year, while revenue was up by 6% year-over-year […]

Catenaa, Friday, April 03, 2025- The US Senate Banking Committee on Thursday advanced President Donald Trump’s nomination of Paul Atkins to lead the Securities and Exchange Commission, moving one step closer to reshaping the country’s top Wall Street regulator.  The vote, split strictly along party lines at 13-11, also advanced Trump’s nominees for key financial […]

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, Monday, April 21, 2025-Beijing China issued a stern warning Monday to countries seeking trade agreements with the United States that undermine Beijing’s interests, vowing to take retaliatory steps against those it accuses of “appeasement” in the escalating tariff war. In a sharply worded statement, China’s commerce ministry said countries negotiating with Washington at Beijing’s […]

Catenaa, Wednesday, April 23, 2025- US Treasury Secretary Scott Bessent said on Wednesday that Trump administration is not considering slashing steep tariffs on Chinese imports to de-escalate the trade war. Bessent told reporters that high duties imposed by both sides need to come down mutually before talks can begin between the two economies. “Neither side […]

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, Monday, April 21, 2025- China state-backed funds are cutting off new investment in US private equity, in the latest retaliation against President Donald Trump’s trade war, The Financial Times reported on Monday. The report, quoting seven private equity executives with knowledge of the matter, said state-backed funds have been pulling back from investing in […]

Catenaa, Thursday, April 17, 2025-China has ordered its airlines to suspend new deliveries of Boeing aircraft, escalating tensions in an intensifying US -China trade dispute, Bloomberg reported Tuesday. The directive halts delivery of approximately 10 Boeing 737 Max jets slated for Chinese carriers. Exceptions may be made if documentation and payment are finalized before Chinese […]

Catenaa, Wednesday, April 16, 2025– China has recorded an unexpectedly 5.4% GDP growth in the first quarter before the US trade tariffs took effect, official data showed on Wednesday. The National Bureau of Statistics (NBS) said, China’s economy grew by 5.4% in the first quarter, beating estimates of 5.1%, continuing the export driven growth seen […]

Catenaa, Tuesday, April 08, 2025- China State-owned Assets Supervision and Administration Commission said on Tuesday it fully supports central state-owned enterprises to increase their stock holdings and share buybacks to reduce impact on the ongoing trade war on the stock market. Several Chinese state-owned companies, including oil giant Sinopec, have already announced plans to buy […]

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, Monday, April 21, 2025-US retail investors could trigger major sell-offs of Chinese companies’ American depositary receipts (ADRs) if the Trump administration moves to sever financial ties with China, Goldman Sachs warned Wednesday.  In a report, the bank said individual investors in the U.S. held around $370 billion worth of Chinese ADRs, making them especially […]

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 markets-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, Sunday, April 20, 2025-Investors are retreating from the US dollar and Treasurys as President Donald Trump’s sweeping tariffs stoke fears of economic instability and drive volatility in global markets. Since Trump’s latest tariff hike — the largest since 1909 — the dollar has lost nearly 10% of its value, hitting a three-year low against […]

Catenaa, Tuesday, April 08, 2025-Dunamu, the parent company of South Korea’s largest cryptocurrency exchange, Upbit has announced a threefold increase in dividends for common shareholders following a sharp rise in its annual profits. During the company’s annual shareholder meeting on Friday, it was revealed that Dunamu would distribute a dividend of 8,777 Korean won ($5.99) […]

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, Tuesday, April 08, 2025- World richest man Elon Musk’s wealth dropped below $300 billion on Monday for the first time since 2024, due to impacts of recent Tesla backlash and sweeping new tariffs. Bloomberg Billionaires Index showed that Musk was worth $298 billion as of market close Monday, since the beginning of the year, […]

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, Wednesday, April 23, 2025– European Union exports to the US increased by 22.4% year over year in February to a 13-month high, ahead of President Trump’s tariff concerns. Eurostat data showed on Wednesday, EU exports to the US amounted to $58.8 billion in February while imports from the US rose by 2.4% to $32.1 […]

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, Saturday, April 12, 2025- Goldman Sachs economists withdrew a recession prediction Wednesday just over an hour after issuing it, following President Donald Trump announced a pause of new tariffs on multiple countries. The initial forecast, released shortly before 1 p.m., projected a 65% chance of recession within the next 12 months, citing country-specific tariffs […]

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, Monday, April 14, 2025- Goldman Sachs’ first quarter profits rose by 15% year on year, the company reported on Monday, driven by record revenues by equities and fixed income amidst volatility. The firm reported net revenues of $15.06 billion and net earnings of $4.74 billion for the first quarter ended March, while diluted earnings […]

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, Thursday, April 03, 2025- The Magnificent Seven stocks all fell on Thursday following the Trump Administration announcement of reciprocal tariffs, with Apple faring worst of all. The iPhone maker’s shares dropped 8% by mid-day after President Donald Trump late Wednesday imposed an 34% import tax on China, where Apple manufactures about 90% of its […]

Catenaa, Wednesday, April 23, 2025- US stock futures soared Tuesday evening after President Donald Trump said he has “no intention” of removing Federal Reserve Chairman Jerome Powell, a shift in tone that reassured investors amid weeks of markets uncertainty. This follows President Trump hinting at the removal Powell as Fed Chair Powell in the preceding […]

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, April 11, Friday, 2025- Morgan Stanley reported a net profit increase of 26% year on year in first-quarter (Q1) profit with outperformance in prime brokerage and strong client activity amid market volatility. The bank posted a profit of $4.3 billion, or a $2.60 per share, for Q1 on Friday. That compares with a profit […]

Catenaa, Wednesday, April 23, 2025-Elon Musk said he will step back from his federal government role next month to concentrate on Tesla after the electric vehicle maker reported a staggering 71% plunge in first-quarter profits, intensifying pressure on the billionaire CEO. Speaking during Tesla’s earnings call Tuesday, Musk confirmed his “time allocation to DOGE will […]

Catenaa, Wednesday, April 16, 2025- Nvidia stock fell over 7% on Wednesday, after the company said that it would take a $5.5 billion hit from the new controls imposed by the US on its semiconductor exports to China. Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it […]

Catenaa, Saturday, April 19, 2025-US stock futures declined late Tuesday as investors reacted to a steep drop in Nvidia shares and braced for key economic data due Wednesday. The S&P 500 futures fell 0.9%, while Nasdaq 100 futures dropped 1.3%. Dow futures were down about 0.5% following a choppy regular session that saw all three […]

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, Friday, April 18, 2025-OKX, a Seychelles-based cryptocurrency exchange, announced Tuesday it is officially launching its services in the United States, months after settling a $500 million case with the US Department of Justice over operating without a proper license. The expansion includes the debut of its centralized exchange platform and crypto wallet in the […]

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, Sunday, April 20, 2025- The Trump administration is considering using tariff revenues to help build a US Strategic Bitcoin Reserve without tapping taxpayer funds, a senior White House adviser said this week. Bo Hines, executive director of the Presidential Council of Advisers on Digital Assets, told investor Anthony Pompliano that proceeds from recently expanded […]

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 […]

Catenaa, Tuesday, April 22, 2025-Bitcoin’s price continued to reel Monday after confirmation that US President Donald Trump is exploring whether he can fire Federal Reserve Chair Jerome Powell, raising fears of financial instability and what analysts are calling an “apocalyptic scenario” for global markets. Trump’s trade war, marked by sweeping tariffs, has already rattled Wall […]

Catenaa, Tuesday, April 8, 2025-The Trump family has taken a controlling 60% stake in World Liberty Financial, a decentralized finance (DeFi) platform, through a newly established holding company, WLF Holdco LLC. Co-founders Zak Folkman and Chase Herro have been replaced as controlling parties, according to Reuters.  The move follows World Liberty’s recent $250 million funding […]

Catenaa, Tuesday, April 22, 2025-The Trump family is preparing to enter the blockchain gaming space with a real estate-themed crypto game modeled on the popular mobile title Monopoly GO!, according to sources cited in an April 15 Fortune report. The game is being developed by Bill Zanker, a longtime Trump associate involved in earlier Trump-linked […]

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, April 17, 2021- The Trump administration is weighing sanctions and access restrictions against Chinese AI firm DeepSeek amid concerns over data privacy, export violations and national security, according to officials familiar with the matter. The New York Times reported Wednesday that officials may block DeepSeek from US technology and restrict Americans from using […]

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, Sunday, April 20, 2025-The Trump administration has moved to eliminate a key consumer protection rule introduced under President Joe Biden, which capped credit card late fees at $8. On Monday, the US Consumer Financial Protection Bureau (CFPB), backed by business and banking groups, filed a motion in a Texas federal court requesting the dismissal […]

Catenaa, April 11, 2025-President Donald Trump on Thursday signed a resolution repealing a late-stage Biden-era IRS rule that required custodial crypto brokers to collect and report user data to the tax agency, a move hailed by supporters as a win for digital asset innovation. The resolution, introduced by Rep. Mike Carey, R-Ohio, and Sen. Ted […]

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, Monday, April 21, 2025- The US stock market declined on Monday after President Donald Trump warned of economic slowdown unless the Federal Reserve cuts interest rates. “With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the […]

 Catenaa, Tuesday, April 08, 2025-American Bitcoin, a crypto mining firm backed by Donald Trump’s sons and Hut 8, plans to go public and may seek private investment before its listing, Bloomberg reported last week.  The company, formerly known as American Data Centers, rebranded after Hut 8 acquired an 80% stake. The firm aims to function […]

 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 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]

Catenaa, Monday, April 07, 2025- Stocks reversed course in Wall Street on Monday after White House economic adviser Hassett President Trump is considering a 90-day tariff pause on all countries except China. In an interview with Fox news, National Economic Council Director Kevin Hassett said that President Donald Trump was considering a 90-day tariff pause […]

Catenaa, Wednesday, April 16, 2025-New tariffs introduced by the Trump administration could cost US semiconductor equipment makers more than $1 billion a year, according to industry estimates discussed with US lawmakers and officials. The three largest companies in the sector—Applied Materials, Lam Research, and KLA—may each face losses of about $350 million annually due to […]

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 […]

Catenaa, Friday, April 11, 2025- Wells Fargo posted revenue below Wall Street’s expectation for the first quarter on Friday as with higher deposit costs and slow growth in personal loans. The San-Francisco based banker reported revenue of $20.15 billion versus the expectation of $20.75 billion, first quarter revenue was down by 2% year on year. […]

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 […]