By Emir Abyazov Key highlights: Record 40-day shutdown drains $15 billion weekly from U.S. economy Airlines cancel 1,000+ flights daily as transport chaos spreads 42 million Americans risk losing food benefits amid frozen aid The U.S. government shutdown has reached a record 40 days, making it the longest in the nation’s history and causing economic […]
Tag: GDP
By Emir Abyazov Key highlights: Bitcoin ETFs see $2 billion exit in just six days Ethereum funds also lose ground as investors pull back Solana defies the trend with rising inflows and optimism U.S. spot Bitcoin ETFs have recorded more than $2 billion in weekly outflows, marking the second-largest withdrawal in history for these investment […]
By Patrick Timely Key highlights: The Bank of Canada reduced its key interest rate by 25 basis points to 2.25%, marking the second straight cut. Policymakers signal a likely pause in rate cuts unless inflation or growth deviates from current forecasts. U.S. tariffs and structural economic shifts are reshaping Canada’s outlook, with GDP projections revised […]