Consumer confidence is decreasing and home construction is slowing, two factors that will continue to drag on U.S. economic growth, The Conference Board research group said last week.
STABLECOIN ADOPTION MADE POSSIBLE BY TRUMP, WHOSE FAMILY STANDS TO BENEFIT
Stablecoins are having their moment in the U.S. as they become more intertwined in everyday life – supported by the stability that comes with being directly tied to the USD, and President Donald Trump, a one-time critic of cryptocurrencies, has been a major supporter of the integration.
ARE TOKENS THE AI ECONOMY’S CURRENCY OF THE FUTURE?
Tokens are the standard of value in the AI’s data center industry and eventually will fill the same role for all businesses using AI, Jensen Huang, founder and CEO of Nvidia, the world’s leading AI chipmaker, said at Nvidia’s annual conference last week.
GERMAN INVESTORS’ CONFIDENCE PLUMMETS
Confidence among Germany’s investors and financial analysts plunged in a new survey by the country’s ZEW research institute.
U.K. BORROWING COST RISES TO HIGHEST LEVEL IN 18 YEARS
The interest rate, or yield, on Britain’s bellwether 10-year government bonds has reached 5 percent, its highest since the Great Recession in 2008.
GOLD TAKES THUMPING, LOSES NEARLY 10 PERCENT IN WORST WEEK IN 15 YEARS
Gold, the safe-haven that normally booms during times of crises and upheaval, took a thumping last week, despite the Iran War escalating with no end in sight.
ECB LEAVES INTEREST RATES ON HOLD – FOR NOW
The European Central Bank’s (ECB’s) governing council left interest rates unchanged at its meeting last week, even as many brokerages began warning clients that rate hikes are likely, perhaps as soon as next month.
CHINA’S ECONOMY IS FALLING BEHIND
China’s industrial juggernaut has brought the country a $1.2-trillion trade surplus.
TOP TREND 2025: DRAGFLATION
Worries about surging oil and gas prices, which triggered a worldwide bond market collapse this month, have given way to a broadened fear: that economies will stagnate or even contract as prices for goods and services keep climbing.
S&P WILL OPEN TRADES IN “PERPETUAL FUTURES”
The U.S. flagship Standard & Poor’s 500 stock index will launch trading in “perpetual futures,” which trade constantly seven days a week on the Hyperliquid crypto exchange’s blockchain.