Economy

U.S. Government Acquires 9.9% Stake in Intel for $8.9 Billion

The U.S. buys 9.9% stake in Intel to boost domestic chipmaking, sparking debates on government industry involvement.

#intel, #semiconductors, #usgovernment, #chipsact, #investment

U.S. Government Acquires 9.9% Stake in Intel, Signaling Shift Toward State Capitalism

The U.S. invests $8.9 billion in Intel, marking a shift toward state capitalism and sparking debate on free-market dynamics.

#usgovernment, #intel, #statecapitalism, #economy, #semiconductors

Powell Hints at Possible Rate Cut, Sparking Stock Market Rally

Fed Chair Jerome Powell signals rate cut potential; stock market surges.

#jeromepowell, #interestrates, #federalreserve, #markets, #us

Fitch Reaffirms India's Rating Amid Growth and Challenges

India's rating stays stable at 'BBB-' as Fitch highlights growth, but warns of U.S. tariffs and fiscal weaknesses.

#fitch, #india, #rating, #economy, #ustrade

China Considers Yuan-Backed Stablecoins to Boost Currency Globalization

China plans yuan-backed stablecoins to enhance its currency's global adoption, shifting from its previous crypto ban.

#china, #stablecoins, #digitalcurrency, #yuan, #cryptocurrency

U.S. Unemployment Rate Holds Steady at 4.2% in July Amid Demographic Shifts

The U.S. unemployment rate remains stable at 4.2%, with notable demographic and industry employment shifts reported by the Bureau of Labor Statistics.

#unemployment, #bls, #federalreserve, #economy, #laborforce

U.S. Faces $22.7 Trillion Deficit by 2035, CRFB Warns

CRFB projects massive $22.7 trillion U.S. deficit by 2035 due to recent tax and spending laws, raising concerns over fiscal sustainability.

#usdeficit, #taxpolicy, #fiscalpolicy, #CRFB

Inflation Concerns Dampen U.S. Consumer Sentiment in August 2025

U.S. Consumer Sentiment Index falls as inflation worries surge, impacting economic outlook.

#economy, #inflation, #consumer sentiment, #University of Michigan

China's Central Bank Maintains Lending Rates Amid Slow Economic Growth

PBOC opts for targeted policies over broad easing, keeping lending rates steady despite slowdown.

#pboc, #chinaeconomy, #monetarypolicy, #lendingrates

U.S. Invests $1 Billion to Secure Critical Minerals Supply Chain

U.S. DOE announces $1B funding to advance domestic critical minerals supply, reducing reliance on foreign sources like China.

#usdoe, #criticalminerals, #nationalsecurity, #china, #economy

Federal Reserve Maintains Interest Rates Amid Tariff-Induced Uncertainty

Fed holds rates at 4.25-4.50% amidst economic uncertainty and rising tariffs impacting GDP and inflation.

#federalreserve, #interestrate, #tariffs, #economy, #fomc

Powell's Pivotal Speech at Jackson Hole: Key Insights Expected

Chair Powell to address inflation and labor market issues at Jackson Hole amid internal Fed debates.

#federalreserve, #jacksonhole, #economy, #inflation, #interest rates

Fears of Stagflation Rise Amid U.S. Economic Challenges

Stagflation fears grow as the U.S. faces rising inflation and a weakening labor market, with policymakers divided on response strategies.

#stagflation, #inflation, #labor market, #federal reserve

Housing Market Challenges Persist as Builder Confidence Declines

NAHB/Wells Fargo Index shows unexpected drop in builder confidence due to high mortgage rates and economic uncertainty.

#housingmarket, #builderconfidence, #mortgagerates

U.S. Producer Price Index Sees Largest Surge Since 2022, Fueling Inflation Concerns

July 2025 sees the U.S. Producer Price Index rise 0.9%, challenging Federal Reserve's rate cut plans amid inflation concerns.

#ppi, #inflation, #federalreserve, #interestrates, #markets