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Tag: EGSI Financial

Elon Musk speaks as US President Donald Trump looks on in the Oval Office of the White House in Washington, DC, on February 11, 2025. Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said the United States would go "bankrupt" without budget cuts. Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent weeks unleashed a flurry of orders aimed at slashing federal spending. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Optimism Surrounds ‘Doge Dividend Checks’ With Context On Tariffs And Job Claims

U.S. jobless claims rose slightly by 5,000 to 219,000 last week, indicating a stable job market.

Read More Optimism Surrounds ‘Doge Dividend Checks’ With Context On Tariffs And Job Claims
MILWAUKEE, WISCONSIN - AUGUST 15: U.S. President Joe Biden speaks to guests at Ingeteam Inc., an electrical equipment manufacturer, on August 15, 2023 in Milwaukee, Wisconsin. Biden used the opportunity to speak about his "Bidenomics" economic plan on the one-year anniversary of the Inflation Reduction Act of 2022. (Photo by Scott Olson/Getty Images)

Inflation Surges Beyond Expectations, Undermining ‘Bidenomics’ Narrative

The Consumer Price Index report for December, released today, reveals an annual inflation increase of 3.4%, surpassing expectations.

Read More Inflation Surges Beyond Expectations, Undermining ‘Bidenomics’ Narrative
Currency traders show stacks of US dollars at the currency exchange centre in Herat city on August 4, 2022. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images)

Consumer Sentiment Dips, Raising Concerns About The Economy

Consumer sentiment is down. It stands at 68.10, which is a slight decrease from 69.50 last month.

Read More Consumer Sentiment Dips, Raising Concerns About The Economy
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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