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 […]
Economy
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Treasury Secretary Bessent Downplays Stock Market Volatility
Treasury Secretary Bessent has dismissed recent stock market dips and recession concerns as merely ‘a little bit of volatility’ in the short-term. According to reports from POLITICO, Bessent […]
Economy
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USPS Engages DOGE Team to Address Major Challenges
The United States Postal Service (USPS) is allowing a team from the Department of Government Efficiency (DOGE) to scrutinize its reform strategies more closely. Postmaster General Louis DeJoy, […]
Economy
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USPS Plans to Cut 10,000 Jobs Through Voluntary Early Retirement
Postmaster General Louis DeJoy informed Congress that the U.S. Postal Service (USPS) intends to cut 10,000 jobs via a voluntary early retirement program over the next 30 days […]
Economy
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Donald Trump threatens 200% tariffs on EU alcohol imports
As the president threatens a trade war, the US is considering imposing 200% tariffs on EU alcohol imports. This move could escalate tensions between the US and the […]
Economy
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Dollar General warns low-income Americans’ finances are deteriorating
The financial condition of low-income Americans has worsened over the past year, with more shoppers unable to afford basic necessities. This concerning trend is highlighted by Dollar General, […]