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Services PMI® at 51.6% in April 2025: Key Insights
Economy

Services PMI® at 51.6% in April 2025: Key Insights

Posted on: May 6, 2025

In April 2025, the Services PMI® registered 51.6%, indicating expansion for the 10th consecutive month. This marks a 0.8 percentage point increase compared to March’s figure of 50.8%. […]

Retroactive $6,710 Social Security Payout: Eligibility and How to Claim
Economy

Retroactive $6,710 Social Security Payout: Eligibility and How to Claim

Posted on: May 6, 2025

In 2025, a major policy shift has enabled retroactive Social Security payments, providing relief to over a million Americans. The repeal of two controversial rules—the Windfall Elimination Provision […]

Trump’s Tariffs Lead to Job Stagnation and Decreased Employee Morale
Economy

Trump’s Tariffs Lead to Job Stagnation and Decreased Employee Morale

Posted on: May 5, 2025

In 2023, Kathleen, a sales manager at a software company, faced the daunting task of laying off her entire team while keeping her own position. This experience left […]

Strategists Remain Optimistic About China Amid Lingering US-China Trade War
Economy

Strategists Remain Optimistic About China Amid Lingering US-China Trade War

Posted on: May 5, 2025

May 5 (Reuters) – Despite ongoing tensions, financial strategists maintain optimism regarding China’s economic outlook, even as meaningful progress in the U.S.-China trade war remains elusive. Experts caution […]

Economy

Goldman Vice Chairman Kaplan Discusses Rate-Cut Dilemma

Posted on: May 5, 2025

Goldman Sachs Vice Chairman and former Federal Reserve official Richard Kaplan recently addressed the complexities surrounding potential interest rate cuts. Kaplan emphasized the delicate balance central banks face […]

Economy

Trump Takes Credit for ‘Good Parts’ of Economy, Blames ‘Bad Parts’ on Biden

Posted on: May 5, 2025

Former President Donald Trump continues to claim credit for the positive aspects of the U.S. economy while attributing its negative aspects to current President Joe Biden. This selective […]

Economy

Warren Buffett Delivers Blunt Message on Tariffs and Trade Wars

Posted on: May 5, 2025

Warren Buffett, during Berkshire Hathaway’s annual meeting, addressed the ongoing debate over tariffs and trade wars. He emphasized that a prosperous global economy benefits the U.S., and turning […]

Buffett Advocates Balanced Trade Amid Tariff Pressures as Berkshire’s Cash Reaches Record High
Economy

Buffett Advocates Balanced Trade Amid Tariff Pressures as Berkshire’s Cash Reaches Record High

Posted on: May 5, 2025

Warren Buffett, the 94-year-old chairman of Berkshire Hathaway, emphasized the importance of balanced trade during the company’s annual meeting, stating that trade should not be used as a […]

Trump attributes economic ‘good parts’ to his policies, blames ‘bad parts’ on Biden
Economy

Trump attributes economic ‘good parts’ to his policies, blames ‘bad parts’ on Biden

Posted on: May 5, 2025

In an exclusive interview with NBC News, President Donald Trump claimed credit for the ‘good parts’ of the economy while attributing the ‘bad parts’ to former President Joe […]

Millennial Retirement Anxiety Amid Economic and Climate Uncertainty
Economy

Millennial Retirement Anxiety Amid Economic and Climate Uncertainty

Posted on: May 5, 2025

During a family trip to Tuscany celebrating my father’s 80th birthday, I reflected on the stark contrast between my parents’ comfortable retirement and the uncertain future for millennials. […]

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