Economy And Business

Pressure from markets and businesses is forcing the US president to back down on issues such as tariffs and his desire to fire the head of the Federal Reserve

The heads of Starbucks, Blackstone, Microsoft, and Apple are among the highest-paid business leaders of publicly traded companies

The international organization notably scaled down its prediction for US growth and warned that ‘we are entering a new era’

Washington, California and New York are some of the places offering higher pay to workers

The capital of Guangdong province in the south of the country is a major manufacturing center; many of its factories have suspended shipments to the US

The IMF revises global economic forecasts downwards due to Trump’s trade war while the ECB cuts interest rates for the sixth time

Although the president lacks the legal authority to remove Jerome Powell, he continues to exert pressure on the Fed chair to lower interest rates

Forecasts from major international organizations warn of the impact of the US president’s economic policies on the exchange of goods

From 2019 to 2023, this group had the single fastest-growing GDP among the world’s 10 largest, surpassing even China, a new study finds

Treasury Secretary Scott Bessent dispensed with the polite expressions about ‘common interests’ commonly used in official statements. The meeting comes shortly after Spanish PM Pedro Sánchez met with Xi Jinping in Beijing

The US president is threatening to impose tariffs and sanctions until Mexico complies with the 80-year-old pact and ‘gives Texas the water they are owed’

April 15 is the last day to claim the payment that was offered during the Covid pandemic

The US president surrounds himself with men who share one thing in common: they never criticize him

The White House is pushing the rivalry into uncharted territory by accelerating the economic decoupling of the two powers and undermining Washington’s network of alliances

The prospect of the IRS transferring taxpayer data to immigration authorities is putting law-abiding people on the ropes

Investing in the US stock market has yielded significant long-term returns, but these gains are considerably diminished if the investor sells in a panic or in haste

Analysts believe the crypto industry won’t be impacted by trade wars in the same way as other sectors

World’s Fairs were created to launch futuristic technology and products, but ended up selling ideas and experiences. 174 years after the first event, Osaka expects 28 million visitors from April 13 to October 13

In 2024, Washington’s deficit with Beijing reached nearly $300 billion, highlighting a persistent imbalance and America’s reliance on key products from the Asian giant

‘There are no winners in a tariff war,’ argues President Xi Jinping in his first remarks following the escalation of the trade war

The president’s backpedalling in response to market pressure reveals his limitations in pursuing an aggressive tariff war against the entire world

Countermeasures are beginning to take effect as taxes on imports from the Asian giant hit 125% while the trade war with the rest of the globe gets paused. The EU has also halted its counter-tariffs but warns they will go into effect if negotiations fail

The turbulent politics of the White House are setting the stage for instability, fueled by the spread of questionable information on social media

The 25% levy on steel, aluminum, and cars remain in place, as does the 10% universal rate on most imports

The blow to public debt was the final straw, following the market crash, internal criticism, and warnings from investors and business leaders

The US president has excluded China from the tariff relief, raising duties on the country to 125%. Wall Street surged following the policy reversal