Economics

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...

Audi Considers U.S. Factory to Offset Tariff Risk

Audi is considering the construction of a manufacturing facility in the United States to minimize import tariff exposure and increase...

Fed: Tariff Impact on U.S. Economy Still Unclear

The Federal Reserve stated on Friday that it needs more time to determine the complete economic impact of President Donald...

ICE Raids Rattle U.S. Employers, Stir Workforce Uncertainty

The Biden administration's conflicting messages about U.S. immigration enforcement policy has created new confusion for business leaders who now worry...

Greenland Approves EU-Backed Molybdenum Mining Project

The EU-backed Malmbjerg project of Greenland Resources received a 30-year mining permit from Greenland which enables extensive molybdenum extraction for...