Economics is the social science that studies how individuals, businesses, and governments allocate resources to meet their needs and wants. It examines the production, distribution, and consumption of goods and services, focusing on how these activities influence and are influenced by various factors such as preferences, costs, and availability of resources. Economics can be broadly divided into two main branches: microeconomics, which analyzes the behavior of individual agents and markets; and macroeconomics, which looks at the economy as a whole, including issues like inflation, unemployment, and economic growth. The discipline utilizes both qualitative and quantitative methods to understand economic phenomena and to provide insights into how economic policy can affect the overall welfare of society.
Massive Tariff Hike: Trump’s 50% Steel and Aluminum Move Sparks Trade War Fears in 2025 President Trump’s 50% metal tariffs take effect June 4, 2025, with major global and economic impacts. Here’s what you need to know. Quick Facts 50% import tariff on steel and aluminum starts June 4, 2025 $29B+ U.S. spent on steel … Read more
U.S. Treasury yields saw slight increases, with the 10-year yield rising by 2 basis points to 4.337% and the 2-year yield inching up just under 1 basis point to 4.003%. The Producer Price Index (PPI) for February is anticipated to show a 0.3% month-over-month increase, providing insights into inflation dynamics. Recent economic indicators, including a … Read more
President Trump’s announcement of a 25% tariff on the European Union caused significant market turmoil, impacting both traditional and digital assets. Bitcoin’s price sharply declined, dropping below $84,000 and losing over 5% within hours, influencing the broader cryptocurrency index, CoinDesk20, which fell by 2.3%. The S&P 500 mirrored this disturbance, reaching session lows and undermining … Read more