Economics

Trump’s Deficit-Heavy Bill Spurs Foreign Selling of Treasuries

The broad tax-and-spending bill introduced by President Donald Trump has caused foreign investors to lose confidence in U.S. debt because...

U.S. Warns Higher Tariffs Still Possible After July 9

The United States will impose significant tariff increases on countries that fail to complete trade agreements before July 9 according...

U.S., Canada Resume Trade Talks After Digital Tax Scrapped

The United States will start trade talks with Canada again after Ottawa removed its digital services tax plan for American...

EU Threatens Meta With Daily Fines Over Ad Model

The European regulators have the authority to impose daily fines on Meta Platforms if its updated ad targeting model does...

Jobless Claims Dip, But Long-Term Unemployment Creeps Up

The number of new U.S. jobless claims decreased during the last week but continuing claims data indicates that unemployed workers...

Fed’s Barkin Sees Tariffs Adding to Inflation Risks

Richmond Federal Reserve President Thomas Barkin predicted on Thursday that Trump administration tariffs will drive inflation higher during the upcoming...

Trump Mulls Fed Chair Successors, Criticizes Powell Again

During a press conference President Donald Trump announced he is considering between three to four candidates to replace Federal Reserve...

Support Drops for Solar, Wind Tax Credits Among Democrats

The Associated Press-NORC Center conducted a poll which revealed that U.S. adults now show decreased support for renewable energy subsidies...

Texas Governor Blocks Statewide Ban on All THC Products

Major U.S. health insurers UnitedHealthcare and Aetna together with other major insurers have announced their commitment to decrease the implementation...