FED Hikes Interest Rates to Curb Inflation
The US Federal Reserve (Fed) has raised interest rates by 0.25 percentage points. Economist Akif Nasirli explains whether this will impact the manat's exchange rate.
Economy
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Net Worth of Richest Americans Hits Record High
The 400 richest Americans have reached a record $8 trillion in total wealth. Elon Musk continues to lead the list.
The US Emerges as a Global Political and Economic Powerhouse
IMF reports indicate that the US economy is outpacing the European Union, establishing itself as a dominant political and economic powerhouse on the global stage.
House Votes to Permanently Eliminate One-Cent Coin
The U.S. House passed the bipartisan Common Cents Act, officially moving to eliminate the one-cent coin and update cash transaction rounding rules.
Federal Reserve Updates M2 Money Supply Reporting
The Federal Reserve has adjusted its M2 money supply reporting methodology to better account for retirement account balances within the U.S. economy.
Why Consumer Sentiment and Personal Finances Diverge
New data shows a disconnect between personal financial stability and broader economic pessimism in the United States.
Nvidia Revenue Growth Forecasts 70% Next Year
CEO Jensen Huang projects Nvidia revenue growth of 70% next year, citing the company's foundational role in the global AI ecosystem and strong contract demand.
Authors Dispute Anthropic Settlement Payment Claims
Authors are challenging claims made by publishers and agents on their Anthropic settlement payments, citing widespread record-keeping errors.
US Economy Added 162,000 Jobs in August 2026
The U.S. economy added 162,000 jobs in August 2026, significantly exceeding expectations as manufacturing and construction sectors saw notable growth.
Bitcoin price surpasses $81,000 in market rally
Bitcoin price surpasses $81,000 as the cryptocurrency market gains momentum following signals from the Federal Reserve regarding interest rates.
Global Oil Prices Top $95 Amid US-Iran Tensions
Global oil prices top $95 per barrel as escalating military tensions between the United States and Iran spark concerns over potential energy supply disruptions.
Trump and Schiff Push Federal Film Tax Incentives
President Donald Trump and Rep. Adam Schiff are backing federal film tax incentives to address the loss of 49,000 U.S. entertainment industry jobs.
