US economy
US Labor Department’s 2025 Jobs Data Revision Reshapes Economic Outlook for Forex Traders
The U.S. Bureau of Labor Statistics drastically revised its 2025 payroll numbers, revealing significantly slower job growth than previously reported. This benchmark revision, alongside the delayed January 2026 jobs report, is providing crucial new data points for forex traders monitoring…
Dow Jones Surges Past 50,000, Defying Recent Tech Jitters
The Dow Jones Industrial Average closed above 50,000 for the first time on February 6, 2026, driven by broad market strength and a shift in investor focus beyond the dominant tech sector.
IRS Updates 2025 Tax Brackets as April 15 Deadline Nears
The Internal Revenue Service (IRS) is actively processing 2025 income tax returns, with the crucial April 15, 2026 deadline fast approaching. Taxpayers are urged to familiarize themselves with the recently adjusted federal tax brackets and leverage available free filing resources…
Federal Childcare Subsidies Reveal State Disparities Amidst New Model Emergence
A deep dive into 2022 federal childcare subsidy data shows significant state-by-state variations, with New Mexico leading in per-child funding while states like South Dakota lag. This comes as innovative ‘plex’ models emerge to address persistent affordability and accessibility challenges.
Fed Pauses Rate Cuts Amid Political Pressure, Powell Defends Independence
The Federal Reserve held interest rates steady on January 28, 2026, for the first time since July, amidst a criminal probe targeting Chair Jerome Powell and ongoing political challenges to the central bank’s independence.
IRS Opens 2026 Tax Season Amid New Laws, Record Refund Outlook
The IRS has begun accepting 2025 tax returns for the 2026 filing season, featuring new tax deductions from the One, Big, Beautiful Bill Act, and an anticipated record-high average tax refund for many Americans.
Rick Rieder Emerges as Fed Chair Frontrunner Amid Rate Debate
BlackRock’s Rick Rieder has emerged as the leading candidate to succeed Jerome Powell as Federal Reserve Chair, with President Trump expected to announce a nomination within days. This development comes amid the administration’s aggressive push for lower interest rates and…
Ken Griffin Critiques Trump’s Davos Remarks, Tariff Impact
Citadel CEO Ken Griffin offered sharp criticism of President $1 Trump’s economic and foreign policy stances at the World Economic Forum in Davos, particularly concerning the proposed acquisition of Greenland and the detrimental impact of tariffs on American consumers.
Russell 2000 Hits All-Time High Amid Shifting Market Correlations
The Russell 2000 small-cap index has surged to a new all-time high in early 2026, signaling a robust ‘risk-on’ sentiment. This rally, driven by anticipated fiscal stimulus, shows varied impacts across asset classes, with Bitcoin soaring while Ethereum’s correlation with…
US Economy Sees Weakest Job Growth Since 2003 Amid Rising Unemployment
The U.S. labor market experienced its weakest non-recession job growth since 2003 in December 2025, adding only 50,000 jobs, a stark indicator of an economic slowdown fueling concerns for the Federal Reserve and American households.
Millions Face Rising Health Premiums as Key ACA Subsidies Expire
Nearly 24 million Americans could see health insurance premiums soar by up to 75% in 2026 as pandemic-era Affordable Care Act tax credits are set to expire, profoundly impacting self-employed workers and retirees.
Trump’s Bold Economic Gambit: Challenging the Fed, Credit Cards, and Housing Affordability
President Trump’s administration is aggressively targeting the Federal Reserve’s independence, proposing a 10% cap on credit card interest rates, and banning institutional investors from buying single-family homes to combat inflation and boost affordability, sparking both hope and concern among experts.
US Jobless Claims Dip to 198,000 Amidst Sluggish Hiring and Economic Uncertainty
New data reveals a surprising drop in US jobless claims to 198,000, signaling low layoffs. However, this contrasts with broader indicators of a weakening job market, sluggish hiring, and Federal Reserve concerns about underlying economic fragility.
Supreme Court Delays Tariff Decision: Trump’s Economic Future Hangs in Balance
The U.S. Supreme Court’s prolonged deliberation on the legality of President Trump’s sweeping tariffs has put global trade and the American economy on edge. With the President warning of dire consequences if the court rules against his authority, businesses await…
Trump’s 10% Credit Card Interest Cap: Banks Vow Fight Amid Economic Fears
President Donald Trump’s executive order for a temporary 10% cap on credit card interest rates has sent shockwaves through the financial sector, sparking immediate market declines and strong opposition from banking associations who warn of dire consequences for consumer credit…