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US Economy

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Inflation Forecasts Signal Higher Social Security Payouts by 2027 Amid Budgetary Concerns
Posted inEconomy

Inflation Forecasts Signal Higher Social Security Payouts by 2027 Amid Budgetary Concerns

WASHINGTON, D.C. — Recent economic forecasts indicate that American retirees could see substantially higher Social Security payouts by 2027. This anticipated increase is driven primarily by rising inflation projections, which…
Posted by Prasenjit Bhowmik August 2, 2026
U.S. Economic Growth Decelerates to 1.5 Percent in Second Quarter
Posted inEconomy

U.S. Economic Growth Decelerates to 1.5 Percent in Second Quarter

The United States economy experienced a significant cooling period during the second quarter, according to the latest data released by the Bureau of Economic Analysis. Gross Domestic Product (GDP) grew…
Posted by Prasenjit Bhowmik July 31, 2026
GTRI Warns of Legal Vulnerabilities in Selective Section 301 Tariff Enforcement
Posted inEconomy

GTRI Warns of Legal Vulnerabilities in Selective Section 301 Tariff Enforcement

A new analytical report from the Global Trade Research Institute has raised serious concerns regarding the application of Section 301 tariffs by the Trump administration. According to the research body,…
Posted by Prasenjit Bhowmik July 27, 2026
Trump’s Proposed Generic Medicine Tariffs Trigger 4% Slump in Indian Pharma Stocks
Posted inMarket

Trump’s Proposed Generic Medicine Tariffs Trigger 4% Slump in Indian Pharma Stocks

On July 24, major Indian pharmaceutical stocks plummeted by as much as 4% after U.S. President Donald Trump announced a proposed phased tariff plan on imported generic medicines, sparking immediate…
Posted by Prasenjit Bhowmik July 24, 2026
U.S. Pending Home Sales Drop Unexpectedly in June as High Mortgage Rates Deter Buyers
Posted inEconomy

U.S. Pending Home Sales Drop Unexpectedly in June as High Mortgage Rates Deter Buyers

US pending home sales plunged in June as high mortgage rates and record prices sidelined buyers, signaling a sharp slowdown for the housing market.
Posted by Prasenjit Bhowmik July 24, 2026
Singapore's GIC Reports Lowest Five-Year Return Since 2013 Amid Bond Drag and Early De-risking
Posted inMarket

Singapore’s GIC Reports Lowest Five-Year Return Since 2013 Amid Bond Drag and Early De-risking

Discover how early de-risking and a weak bond market led to GICs lowest five-year return in a decade despite keeping the US as its top market.
Posted by Prasenjit Bhowmik July 24, 2026
National Gas Prices Surpass $4 as Escalating U.S. Military Strikes in Iran Rattle Energy Markets
Posted inEconomy

National Gas Prices Surpass $4 as Escalating U.S. Military Strikes in Iran Rattle Energy Markets

The AAA national average price for regular gasoline crossed the $4 threshold on July 21, reaching $4.019 per gallon across the United States as escalating U.S. military strikes against Iranian…
Posted by Prasenjit Bhowmik July 23, 2026
Trump Imposes New 50% Tariffs on Select Canadian Goods, Exempting Energy Sector
Posted inEconomy

Trump Imposes New 50% Tariffs on Select Canadian Goods, Exempting Energy Sector

WASHINGTON — President Donald Trump announced on Tuesday a new 50% tariff on a select range of Canadian goods, including wine and consumer products, while exempting critical sectors such as…
Posted by Prasenjit Bhowmik July 21, 2026
BofA CEO Brian Moynihan Dismisses Recession Fears Despite Aggressive Fed Rate Hike Forecasts
Posted inEmerging Market

BofA CEO Brian Moynihan Dismisses Recession Fears Despite Aggressive Fed Rate Hike Forecasts

On Wednesday, Bank of America CEO Brian Moynihan dismissed mounting Wall Street recession fears during an interview on the New York Stock Exchange floor, arguing that the resilient U.S. economy…
Posted by Prasenjit Bhowmik July 15, 2026
Fed Chair Kevin Warsh Faces High-Stakes Decision on Interest Rate Reversal
Posted inEconomy

Fed Chair Kevin Warsh Faces High-Stakes Decision on Interest Rate Reversal

New Fed Chair Kevin Warsh faces a major policy test as Congress questions whether the central bank will reverse recent interest rate cuts.
Posted by Prasenjit Bhowmik July 13, 2026

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