President Donald Trump’s inconsistent trade policies have sparked concerns regarding the stability of the US economy. Consequently, stocks heavily dependent on American consumer spending are beginning to suffer. […]
Economy
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China Criticizes Sale of Panama Canal Ports to BlackRock
China has criticized the proposal to sell Panama Canal ports to BlackRock, labeling it as a betrayal of Chinese interests. A commentary in the state-owned Ta Kung Pao […]
Economy
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Tesla Expresses Tariff Concerns to Trump Administration
Tesla has communicated its concerns regarding President Donald Trump’s tariffs in a letter to the United States Trade Representative (USTR). The electric automaker, led by tech billionaire Elon […]
Economy
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U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
American consumer sentiment has taken a significant dip amid rising inflation concerns and fears related to the trade war. According to recent reports, consumer confidence has plummeted as […]
Economy
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Trump’s Tariffs Cause Surge in Economic Anxiety Among US Consumers
WASHINGTON (AP) — President Donald Trump’s tariff threats are causing significant increases in public anxiety, potentially undermining his promises to bolster the U.S. economy, which is showing signs […]
Economy
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Tesla Warns US Government About Potential Harm to EV Companies from Trump’s Trade War
Tesla has cautioned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs, which might also affect other automotive manufacturers in the US. In a […]
Economy
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USPS Agrees to Work with Elon Musk’s Government Reform Team
WASHINGTON, March 13 (Reuters) – U.S. Postmaster General Louis DeJoy informed Congress of an agreement signed with Elon Musk’s government reform team to assist the financially struggling USPS […]
Economy
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US consumer sentiment tumbles as long-term inflation expectations hit 32-year high
The US consumer sentiment has significantly dropped as long-term inflation expectations have reached their highest point in 32 years. This decline reflects growing concerns among consumers regarding the […]
Economy
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USPS Agrees to Cut 10,000 Workers Amid Budget Cuts and Efficiency Measures
The U.S. Postal Service (USPS) has agreed to cut 10,000 workers as part of a broader plan to reduce its budget and improve operational efficiency. This decision follows […]
Economy
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UK economy unexpectedly shrank by 0.1% in January
The UK economy unexpectedly contracted by 0.1% month-on-month in January, according to official figures released on Friday. The Office for National Statistics attributed the decline primarily to a […]