NEW YORK, NY, Tuesday, February 27, 2024 – BlackRock, the world’s largest asset manager, projects moderate real GDP growth of 1.5-2% for the United States in 2024, according to comments made by Rick Rieder, the firm’s Chief Investment Officer (CIO), on CNBC’s “Closing Bell” program on February 15. Rieder acknowledged market concerns surrounding recent inflation […]

DAVOS, Switzerland, Monday, February 19, 2024 – Global financial technology firm Circle released its second annual State of the USDC Economy Report on January 15, 2024, titled “Welcome to the Era of Open Money.” The report paints a picture of significant growth and adoption for USDC, a regulated stablecoin pegged to the US dollar. Circle […]

BERLIN, Germany, Wednesday, April 24, 2024 – The annual cost of climate change could reach $38 trillion by 2050, six times higher than the estimated cost of limiting global warming to 2 degrees Celsius above pre-industrial levels, a new study by the Potsdam Institute for Climate Impact Research (PIK) published in Nature said on April […]

London, UK, Monday, February 19, 2024 – The UK economy officially entered a technical recession in the final quarter of 2023, according to data released on February 15 by the Office for National Statistics (ONS). Gross domestic product (GDP) contracted by 0.3% following a 0.1% decline in the previous quarter, marking the first back-to-back decrease […]

WASHINGTON, Monday, July 31 – The U.S. national debt has skyrocketed to $30 trillion, a level that is unsustainable and threatens the country’s economic security, the Cato Institute warned on Tuesday. The libertarian think tank said that the debt has increased by $8 trillion since President Joe Biden took office in January 2021, and is […]