Economy

Europe’s quest to become a dominant global power faces a critical barrier: its colonial history. As the EU seeks greater influence, it must confront outdated mindsets that undermine its relationships…

President Trump is revising his tariffs on foreign auto parts to ease financial strain on US carmakers. The decision provides some relief from the 25% tariffs on imported cars and…

Musk’s withdrawal signals a potential shift in pace, but observers remain wary of the ongoing impact of DOGE's actions, particularly concerning the use of sensitive government data and the destabilization…

Paul Krugman, Nobel Prize-winning economist, highlights growing fears of a U.S. recession triggered by unstable tariff policies. His latest warning points to deep uncertainty impacting businesses and consumers alike.

A new proposal in North Carolina could extend the validity of your driver’s license by two years, offering temporary relief for those struggling with DMV delays.

California's economy has officially surpassed Japan’s to become the fourth largest globally, driven by growth in technology, entertainment, and manufacturing. Governor Gavin Newsom highlighted the achievement while warning of the…

President Trump has expressed his opposition to raising taxes on millionaires, citing the risk of them relocating abroad. He believes that such a move would have disruptive effects on the…

Elon Musk’s decision to reduce his involvement with the Department of Government Efficiency (DOGE) is shaking up Washington. Once at the forefront of the Trump administration’s spending cuts, Musk’s reduced…

While the White House boosts domestic coal production, protections for the workers at the heart of the industry are quietly fading. A federal health screening programme, once vital to early…

While tariff policies often spark concern over rising prices, some sectors are shifting in the opposite direction. Trump’s latest trade measures are forcing new dynamics that could make certain goods…

Volvo is preparing to cut hundreds of jobs at key US manufacturing sites over the coming months. The move comes as the company responds to rising production costs and persistent…

Millions of Americans are pausing purchases during a nationwide boycott blackout. The protest highlights growing calls for corporate accountability and ethical consumer choices.

The Trump administration’s workforce cuts have severely impacted oversight of student loan servicers. With key teams now dissolved, many fear borrowers will have less recourse in the face of errors.…

Experts predict that some services, such as mobile apps and local services, will remain stable despite tariff hikes. These sectors are largely insulated from the impact of import taxes.

Federal Reserve Chair Jerome Powell warned that the latest tariffs could push inflation higher than anticipated, complicating policy decisions. Tech stocks led the market downturn as export restrictions hit major…

Canadian travellers are staying home in growing numbers, reshaping cross-border tourism flows. Economic fallout is mounting as U.S. businesses feel the absence of their northern neighbours.

Pharmaceutical companies are expected to absorb the costs of new tariffs, at least in the short term. However, this could lead to significant long-term financial strain and operational adjustments.

Hong Kong has frozen the delivery of packages to the United States, reacting swiftly to a US move that ends tariff exemptions on small goods. The decision, driven by Washington’s…

Staffing cuts at the U.S. Department of Education have led to widespread disruptions in federal financial aid systems, causing delays in processing FAFSA forms and disbursing loans. Colleges are struggling…

Nissan is adjusting its production strategy due to the 25% U.S. tariff on vehicles built overseas. The automaker will cut production of its popular Rogue SUV at its Kyushu plant…

In a bold move, the Trump administration is planning dramatic cuts to the State Department's budget, with a proposed 48% reduction. The new proposal threatens to eliminate funding for international…

President Trump is set to unveil new tariffs on semiconductor chips, potentially altering the global tech landscape. The move could lead to greater domestic production but may disrupt the supply…

Mexico is sending emergency water to Texas after failing to meet its decades-old treaty obligations. With U.S. farmers impacted and political tensions climbing, the move comes as President Trump raises…

The U.S. dollar's recent decline reflects the impact of unpredictable tariffs and rising trade tensions. Investor uncertainty grows as tariff policies disrupt global financial stability.

Rising tariffs have intensified inflation concerns, leading to a significant decline in U.S. consumer sentiment. Financial markets face increased uncertainty as expectations of higher prices grow.

Trade relationships are shifting. Some partners have returned to the table, others are holding their ground. Factories remain cautious, prices uncertain, and China still looms large in the background.

Apple a expédié environ 1,5 million d’iPhones depuis l'Inde vers les États-Unis, cherchant à éviter les tarifs élevés sur les importations chinoises. Cette stratégie repose sur un renforcement de la…

President Trump has reversed course on recent tariff measures, offering a 90-day pause for most U.S. trading partners. This move comes after markets faced significant volatility, though it doesn’t apply…

Pezeshkian’s invitation for U.S. investment marks a notable shift in Iran’s diplomatic approach, signaling a desire for economic cooperation. The Iranian president also reiterated that Tehran is not pursuing nuclear…

In a striking announcement, President Trump is proposing a $1 trillion military budget for 2026, a major leap from the current $892 billion. This increase, however, comes at a time…

Beijing has withheld immediate retaliation but warned that China’s response will continue to the end if provoked. The US move to impose 104% tariffs reflects an aggressive push to recalibrate…

In a bid to restore the coal mining sector, President Trump has signed a series of executive orders that extend the life of coal-fired power plants and ease mining restrictions.…

The Trump administration has implemented a new 104% tariff on Chinese imports, a bold move that sent U.S. stocks into a downward spiral. As tensions between the two economic giants…

The People's Union USA is pushing back against corporate greed, calling for a nationwide economic blackout to challenge an economy they believe exploits workers. Future boycotts are planned, targeting companies…

President Trump's tariff plans have triggered sharp declines in global markets, fueling fears of a potential recession. Reuters broker news reports heightened concerns as international tensions escalate over the sweeping…

President Trump’s unwavering stance on tariffs has sparked a global economic shakeup, with stock markets feeling the pressure. While the US administration defends the move as a necessary step for…

The U.S. has become the first major trade partner to block sea salt imports from a South Korean farm accused of using forced labour. Taepyung Salt Farm, responsible for a…

In an unexpected admission, a senior Trump administration official explains that the surge in U.S. manufacturing expected from new tariffs will rely on automation, not jobs for American workers. While…

Jaguar Land Rover has paused its vehicle shipments to the United States in response to a new 25% tariff on imported cars. This decision is part of the company's strategy…

Nissan is contemplating relocating some of its production to the U.S. in response to the new 25% car tariffs. This decision could be an early indication that the tariffs are…

Protests in cities like Washington, D.C., New York, and Los Angeles saw thousands gathering to express their dissatisfaction with President Trump’s administration. The protests were fueled by grievances ranging from…

The global stock markets saw a sharp decline as China retaliated with new tariffs, deepening the ongoing trade conflict with the U.S. The escalating tensions have triggered widespread concerns about…

U.S. families could face steep price increases on everyday items, including sneakers, jeans, and T-shirts, due to new tariffs imposed on imports. The cost of back-to-school shopping may climb higher…

Tariffs imposed by President Trump are causing significant disruption in global supply chains, hitting key materials used by U.S. oilfield service companies. As oil prices continue to tumble, industry leaders…

On Saturday Night Live, Trump’s recent tariff proposal became the subject of a biting satire. Played by James Austin Johnson, Trump introduces his economic plan under the banner of “Make…

Progressive Furniture, a major North Carolina furniture manufacturer, has announced it will shut down by year-end, laying off 30 employees.

The removal of recertification forms for student loan repayment plans has left many borrowers uncertain about their options. Without these forms, they risk losing their enrollment and facing unaffordable payments.

Powell cautioned that the tariffs could lead to "at least a temporary rise in inflation," with the possibility of more persistent effects. The Federal Reserve’s ability to manage this outcome…