Introduction Project Stargate is a groundbreaking artificial intelligence (AI) infrastructure initiative announced on January 21, 2025. This ambitious endeavor aims to invest up to $500 billion over the next four […]
Category: Economic News
U.S. Nonfarm Productivity Rises in Q4 2024, Supporting Economic Stability
As of March 6, 2025, the U.S. Department of Labor’s Bureau of Labor Statistics reported an upward revision in nonfarm business sector labor productivity for the fourth quarter of 2024. […]
U.S. Initial Jobless Claims Decline, Indicating Labor Market Stability
As of the week ending March 1, 2025, the U.S. Department of Labor reported that initial jobless claims decreased by 21,000 to a seasonally adjusted 221,000, surpassing economists’ expectations of […]
U.S. Continuous Jobless Claims Rise Amid Workforce Reductions
As of the week ending February 22, 2025, the U.S. Department of Labor reported that continuing jobless claims, also known as insured unemployment, increased to 1,897,000, up from 1,855,000 the […]
February 2025 ISM Manufacturing Prices Analysis: Rising Costs Signal Inflationary Pressures
The Institute for Supply Management (ISM) reported a sharp increase in its Manufacturing Prices Index for February 2025, highlighting rising inflationary pressures within the U.S. manufacturing sector. The index surged […]
Eurozone Inflation Slows to 2.4% in February, Increasing Chances of Rate Cut
Inflation in the euro area eased to 2.4% in February, down from 2.5% in January, bringing it closer to the European Central Bank’s target of 2%. The slowdown in price […]