Powell warns of a ‘very unusual’ economy as inflation remains high amid a weakening job market
Federal Reserve Chair Jerome Powell on Wednesday described the U.S. economy as “very unusual,” saying policymakers are navigating…
China makes history with $1 trillion trade surplus for first time ever
China’s exports rebounded in November after an unexpected contraction the previous month, pushing its trade surplus past $1…
Tariffs and $38 trillion national debt: Hassett sees deficit cuts, Bessent sees ‘shrinking ice cube’
Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve…
India growth beats all estimates as factories defy Trump tariffs
India’s economy grew at the fastest pace in six quarters, underscoring its resilience even as US President Donald…
‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash
For nearly two decades, esteemed economist Nouriel Roubini has worn the nickname “Dr. Doom” with honor. He earned…
Despite Trump’s best efforts to reshore manufacturing, blue-collar employment is plunging for the first time since the pandemic with 59,000 lost jobs
Back in April, President Donald Trump touted his aggressive tariff policy as a catalyst for the reshoring of…
‘There’s only so much you can absorb from the tariffs, because they’re just very high’: Levi’s CEO states the plain truth
The global fashion industry is bracing for 2026, navigating a market defined by geopolitical instability, macroeconomic uncertainty, and,…
Lula stares down Trump and scores tariff victory for Brazil
From the minute Donald Trump slapped tariffs on Brazil, President Luiz Inacio Lula da Silva bet the US…
How America fell behind in the rare-earth race—and how it hopes to come back
The United States has known for years that its economy runs on materials that it can’t control. The…
Tariff rebate checks: Odds tracker shows odds of Trump paying $2,000 dividend at 2%
If the White House handing out $2,000 checks to all U.S. citizens sounded too good to be true,…
More groceries may benefit from tariff relief as the 2026 midterm elections get closer, analyst says
The tariffs that President Donald Trump rolled back this past week will barely move the needle on consumer…
Bessent says Trump’s $2,000 checks would need congressional vote
Treasury Secretary Scott Bessent said President Donald Trump’s proposal to send $2,000 “dividend” payments from tariffs to US…