Online shoppers are facing a significant price hike due to President Donald Trump’s tariffs on Chinese goods. Retailers like Temu have started adding import charges, often more than […]
Economy
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America Faces Looming Economic Challenges Amid Global Uncertainty
Five years ago, during the pandemic, economists relied on unconventional metrics like mobility data and restaurant bookings to monitor the economic shutdown in real time. Today, as the […]
Economy
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US Consumer Confidence Drops to Near Five-Year Low in April
WASHINGTON, April 29 (Reuters) – U.S. consumer confidence fell to a near five-year low in April due to growing concerns over tariffs affecting the economic outlook. The Conference […]
Economy
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Bessent: Tariff Revenue Could Offset Federal Income Taxes
Treasury Secretary Scott Bessent stated that tariff revenue generated from President Trump’s policies might be substantial enough to offset federal income taxes. According to Mr. Bessent, the revenue […]
Economy
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Trump to Ease Impact of Automotive Tariffs
According to exclusive reports, President Trump is planning measures to soften the economic blow of automotive tariffs on the industry and consumers. The strategy aims to protect American […]
Economy
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Trump’s Tariffs Lead to Corporate Job Cuts and Outlook Changes
The impact of U.S. President Donald Trump’s trade policies continues to affect corporations globally. Delivery giant UPS announced plans to cut 20,000 jobs to reduce costs, citing the […]
Economy
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Economic Uncertainty Marks Trump’s Second Term Amid Tariff Fears
The first 100 days of President Donald Trump’s second term have been marked by economic changes, including over 100 executive orders and potential tariff impacts. While hard data […]
Economy
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Partisan Dynamics Affect Trust in the Federal Reserve
A recent study reveals a complex pattern of partisan trust in the Federal Reserve, influenced by presidential politics. Historically, Americans have shown greater trust in the Fed when […]
Economy
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Majority Believes Trump’s Policies Have Worsened the Economy
According to a recent CNN poll conducted by SSRS, 59% of the public believes that President Donald Trump’s policies have negatively impacted the country’s economic conditions. This figure […]
Economy
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Economic Uncertainty in Minnesota Amid Trump’s Presidency
As President Donald Trump approaches the 100-day mark of his presidency, many Minnesotans express feelings of economic uncertainty. An HR professional fears a potential recession, while an entrepreneur […]