March 10, 2025 - 05:06
In a surprising move, officials from the Trump administration have indicated a desire to reassess how the nation's economic health is evaluated, particularly focusing on the traditional quarterly Gross Domestic Product (GDP) metric. This shift in perspective aims to provide a more nuanced understanding of economic performance, potentially obscuring certain fluctuations in specific sectors, including the cryptocurrency market.
The GDP has long been a cornerstone for economic analysis, serving as a broad indicator of economic activity. However, critics argue that it may not adequately reflect the complexities of modern economies, especially with the rising influence of digital currencies like Dogecoin (DOGE). By altering the way economic health is measured, the administration hopes to capture a more comprehensive picture of growth and stability.
This proposed change has sparked debate among economists and policymakers, with some expressing concern that it could downplay the significance of emerging markets and technologies. As discussions unfold, the implications of this new approach remain to be seen, particularly in how it might affect future economic policies and investment strategies.
August 9, 2025 - 20:20
Financial Uncertainty in Washington State Amidst Trump Administration TensionsEarlier this week, the Trump administration published its list of “sanctuary” states and cities, placing both Seattle and Washington State at the forefront. This designation has raised...
August 9, 2025 - 07:14
Nasdaq Hits New Record as All Major Indexes RiseIn a remarkable display of market strength, all three major U.S. stock indexes finished higher on Friday, with the Nasdaq Composite achieving a new record closing level. The Nasdaq soared, closing...
August 8, 2025 - 18:52
Rethinking Investment Strategies: The Need for Global DiversificationPurpose Investments has highlighted a growing concern among investors regarding the long-standing dominance of the U.S. market, which has resulted in skewed Canadian portfolios. Over the past...
August 8, 2025 - 01:45
Velocity Financial, Inc. Sees Significant Growth in Second Quarter 2025WESTLAKE VILLAGE, Calif., August 07, 2025—Velocity Financial, Inc. has announced impressive financial results for the second quarter of 2025. The company reported a net income of $26.0 million, a...