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US Unemployment Rate Hits Nearly Three-Year High In July

09 Aug 2024

US unemployment rate surged to 4.3% in July, reaching its highest point in almost three years as hiring slowed significantly, the US Labor Department reported on Friday. This marked the fourth consecutive month of rising unemployment, up from 4.1% in June, and a substantial increase from the 50-year low of...

Economist Daniel Lacalle on Bitcoin vs Dollar battle

04 Mar 2024

Renowned economist Daniel Lacalle expresses concerns regarding the future trajectory of the US dollar, attributing it not to cryptocurrencies like Bitcoin, but rather to fiscal policies. Lacalle highlights the alarming surge in national debt, now exceeding $34 trillion and growing by $1 trillion every hundred days. He contends that this...