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The Congressional Budget Office (CBO) has released new projections showing that recent rollbacks of President Donald Trump’s aggressive tariff strategy have wiped out roughly $800 billion in expected debt reduction over the next decade. This revision comes even as tariffs remain a central point of debate in U.S. fiscal policy, particularly with the national debt … Read more
The bottom line is that, unlike the US, China is not a country of immigrants. In 2020, only about .1 percent of the mainland population was made up of foreigners, according to one estimate by researchers from the Kiel Institute for the World Economy. That’s roughly 1.4 million people in a country of more than … Read more
Key Takeaways Bitcoin declined after the Core PCE inflation gauge exceeded expectations, signaling mild inflationary pressure. US consumer spending and personal income both decreased, indicating potential weakening in economic momentum. Share this article Bitcoin dropped below $107,000 early Friday after the core Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, ticked higher than … Read more
Bitcoin price held steady above $95,550 even as popular American stock indices and exchange-traded funds dived. Bitcoin (BTC) was trading above $96,550 at last check Saturday morning, a day after U.S. equities had their worst day this year. Nasdaq 100, S&P 500, and SCHD retreats The blue-chip S&P 500 index dived by 1.71%, while the … Read more
Key Takeaways Bitcoin’s price fell to $92.5K following stronger-than-expected US jobs data. The broader crypto market also declined, erasing a 12-hour rally. Share this article Bitcoin erased its 12-hour rally on Friday, retreating to $92.5K in the immediate aftermath of stronger-than-expected US jobs data. The largest crypto asset by market cap printed 14 consecutive hourly … Read more
Key Takeaways Bitcoin dropped 5% from its high of $102,000 amid stronger-than-expected US job data. The crypto market, which had gained 11% in early 2025, is now down over 5%, with Ethereum, XRP, and Solana also seeing steep declines. Share this article Bitcoin has fallen over 5% since reaching a high of over $102,000 on … Read more
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