Elon Musk’s Unprecedented Power in U.S. Politics & Economy
By 2024, Elon Musk had evolved from a celebrated Silicon Valley entrepreneur to a controversial and dominant oligarch. He wielded unprecedented power not only in tech but across politics, media, the military, and international relations. His influence impacts various sectors...
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U.S. Trade Deficit Soars to Record High in March 2025
In March 2025, the U.S. trade deficit surged to an all-time high of $140.5 billion, significantly above market expectations of $137 billion. This jump was driven by a historic spike in imports ahead of new tariff announcements scheduled for April....
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Canada’s Trade Deficit Narrows in March 2025
In March 2025, Canada recorded a trade deficit of CAD 0.51 billion, a sharp improvement from the CAD 1.41 billion deficit in February. The improvement was driven by a decline in imports and a notable shift in export destinations, particularly...
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Eurozone in April: A Fragile Private Sector Recovery Balancing on the Edge
April brought another month of cautious optimism to the Eurozone. The latest data shows the HCOB Composite PMI slipping to 50.4—just above the growth-contraction threshold and slightly outperforming early forecasts. It’s the fourth month in a row that the Eurozone’s...
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China’s Service Sector Loses Momentum in April
In a sign that China’s post-pandemic recovery may be hitting turbulence, the Caixin Services Purchasing Managers’ Index (PMI) dipped to 50.7 in April 2025. This decline from March’s 51.9 not only missed market forecasts but also marked the slowest pace...
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Surprise Jump in U.S. Services Sector: ISM Hits 51.6 in April 2025
In a surprising move, the U.S. ISM Services PMI rose to 51.6 in April 2025, well above market expectations of 50.6. This marks a significant rebound from the 9-month low of 50.8 in March, suggesting continued growth in the country’s...
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U.S. Unemployment Rate Holds Steady at 4.2% in April 2025
In April 2025, the U.S. unemployment rate remained unchanged at 4.2%, in line with March and market expectations. However, the number of unemployed individuals rose by 82,000, reaching 7.165 million. At the same time, the number of employed people increased...
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U.S. Job Growth in April 2025: 177,000 New Jobs Added Despite Policy Uncertainty
The U.S. economy added 177,000 jobs in April 2025, a slight dip from 185,000 in March but well above market expectations of 130,000. This is a clear demonstration of U.S. Job Growth in April, which, while reflecting a mild slowdown,...
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Eurozone Inflation Holds Steady at 2.2% in April 2025
Consumer inflation in the Eurozone remained stable in April, coming in at 2.2%—slightly above the European Central Bank’s 2% target and analysts’ forecasts. Despite falling energy prices, Eurozone inflationary pressures in services and food continue to challenge policymakers. Understanding these...
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U.S. Manufacturing PMI Falls in April 2025: Signs of Persistent Industry Contraction
The ISM U.S. Manufacturing PMI fell to 48.7 in April 2025, down from 49.0 in March, slightly above the market forecast of 48.0. This marks the second consecutive month of contraction in the U.S. Manufacturing PMI sector, signaling persistent challenges...
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