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Iraq Bulletin

Tag : u.s. economy

Featured News

Americans brace for recession as consumer expectations plunge in April

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Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board reported that its Consumer Confidence Index fell by 7.9 points to 86, reflecting mounting concerns...
Business

Stock futures rise after Dow plunges below key support level

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U.S. stock futures edged higher on Tuesday following a sharp sell-off on Wall Street driven by growing recession fears. Investors appeared to reassess economic conditions after Monday’s downturn, which saw major indices suffer significant losses. Futures linked to the Dow...
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Kiyosaki sees Bitcoin as protection against inflation, fiat decline

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Rich Dad Poor Dad author Robert Kiyosaki has once again shared his views on Bitcoin and the global financial landscape, emphasizing his preference for alternative assets amid economic uncertainty. In a series of posts on X, Kiyosaki reiterated his belief that Bitcoin’s recent price decline presents...
Business

U.S. labor market shows signs of strain as jobless claims increase

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The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S. Department of Labor. The increase of 22,000 from the previous week surpassed analysts' expectations of...
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U.S. Treasury yields drop despite stronger-than-expected inflation data

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U.S. Treasury yields declined on Thursday despite the release of another inflation report indicating stronger-than-expected price pressures. The 10-year Treasury yield fell by 8 basis points to 4.554%, while the 2-year Treasury yield slipped 4 basis points to 4.321%. Yields...
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Trump orders halt to penny production over high manufacturing costs

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President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial losses for the government. The...