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Trump-tied meme-coin eyes Wall Street stage with Canary Capital ETF filing
26 August 2025 In a move that blends political spectacle and financial innovation, Canary Capital a nimble digital asset manager has filed an application with the U.S. Securities and Exchange Commission to launch an exchange-traded fund (ETF) tracking the $TRUMP meme coin. Launched mere days before the president's inauguration in January, the $TRUMP token quickly became a cultural phenomenon, surging across social media as much for its novelty as its political overtones. Now,
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U.S. New Home Sales Slip in July as Buyers Confront High Rates and Rising Supply
25 August 2025 A drone view shows new single family home construction in San Diego, California, U.S., March 25, 2025. REUTERS/Mike...
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Steady gains in U.S. retail sales for the first time this year signal resilient consumers even as service costs edge higher
16 August 2025 Shoppers in the Herald Square neighborhood of New York.Photographer: Jeenah Moon/Bloomberg In a telling turn of economic...
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The United States quietly rejects upstream measures in global plastics pact negotiations as the Geneva talks face a deepening stalemate
8 August 2025 Major plastic-producing countries have been accused of ignoring environmental concerns before the talks begin in Geneva,...
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Trump’s New Tariffs Push U.S. Import Duties to Century‑High Levels and Ignite Global Pushback
7 August 2025 On August 7, 2025, sweeping U.S. tariffs ranging from 10% to 50% officially came into force, significantly raising the...
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U.S. Services Sector Stalls in July as Employment Weakens and Costs Soar
5 August 2025 A Reuters analysis of the Institute for Supply Management’s July services report reveals that the U.S. service sector the...
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U.S. Dollar Stabilizes as Jobs Disappointment and Political Turbulence Drive Markets Toward Fed Relief
4 August 2025 The U.S. dollar steadied on Monday evening after a dramatic slide triggered by the July jobs report, which revealed both...
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Americans Show Cautious Optimism in July as Consumer Confidence Rises Slightly Amid Labor Market Worries
29 July 2025 In July 2025 U.S. consumer confidence edged upward even as anxiety about job availability lingered making for a measured and...
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Why the U.S. Economy Is Hanging by a Thread
20 July 2025 In recent weeks, upbeat headlines have painted a picture of a thriving American economy, job growth outpacing expectations,...
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Summer Black Friday Splurge Propels U.S. Online Sales to Record Heights
12 July 2025 photo: wix Between July 8 and 11, U.S. shoppers delivered a jaw-dropping $24.1 billion in online purchases in what has been...
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Markets Reel Amid Fresh Tariff Blows as Dollar Gains Traction
11 July 2025 Kim Kyung-Hoon | Credit: REUTERS Global markets experienced a violent jolt this morning following President Trump’s sweeping announcement of new tariffs, notably a 35 percent levy on Canadian imports starting August 1 and the prospect of broader tariffs of 15–20 percent on other trading partners, including the EU, Japan and South Korea, as well as a steep 50 percent tariff on copper. The tariffs extinguished an early rally in Asia, causing S&P 500 and Nasdaq futu
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U.S. Labor Market Delivers a June Surprise with 147,000 New Jobs, Offering Mixed Signals for the Economy
5 July 2025 June brought a welcome surprise to the U.S. labor market, with the addition of 147,000 new jobs significantly more than the...
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American Consumers Retrace Steps as Pre-Tariff Spending Surge Subsides
27 June 2025 Creator: EDUARDO MUNOZ | Credit: REUTERS May ushered in a marked slowdown in U.S. consumer spending, with outlays declining...
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Dollar's Dramatic Plunge Exposes Deepening Political Rifts and Market Ripples
26 June 2025 REUTERS/Rick Wilking The U.S. dollar has endured its steepest six-month drop since the early 1970s, tumbling more than ten...
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JPMorgan Warns of Tariff-Driven Economic Slowdown with Stagflation Risks in 2025
25 June 2025 JPMorgan economists are sounding the alarm on a potential stagflationary slowdown in the United States by the end of 2025,...
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U.S. Current Account Deficit Widens Sharply to $450 Billion Amid Tariff-Driven Surge in Imports
24 June 2025 U.S. Dollar banknotes are seen in this illustration. REUTERS/Dado Ruvic/Illustration In a striking revelation from June 24,...
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Trump’s $2.8 Trillion “Big Beautiful Bill” Faces Senate Resistance Amid Fiscal and Political Tensions
23 June 2025 U.S. President Donald Trump talks to reporters upon his arrival at Morristown Municipal Airport in Morristown, New Jersey,...
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Wall Street Futures Waver as Middle East Tensions and Fed Caution Create Uncertainty
20 June 2025 (AP Photo/Yuki Iwamura) Wall Street futures opened with a cautious tone as markets navigated a complex backdrop of rising geopolitical tensions and a steady Federal Reserve. With the Israel-Iran conflict entering its second week, investors are weighing the real potential for global disruption, particularly in energy markets and inflation trends. President Trump has delayed any immediate U.S. military response, opting for a two-week window for European-led diploma
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U.S. Jobless Claims Slip to 245,000 Yet Highlight Lingering Labor Market Softness
18 June 2025 Creator: ANDREW KELLY | Credit: REUTERS Weekly jobless claim filings in the United States dipped by 5,000 to a seasonally...
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U.S. Retail Sales Tumble in May as Tariff Fears and Cooling Demand Signal Economic Caution
Credit: Scott Olson/Getty Images In May, a significant shift emerged in the U.S. consumer landscape as retail sales fell by 0.9% the...
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