In response to tariffs imposed by the Trump administration, China has detailed a strategy to strengthen its economy. The plan focuses on domestic consumption and investment to mitigate […]
Economy
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US Shoppers Reduce Spending Amid Economic Concerns
US shoppers are cutting back on spending as concerns about the economic outlook increase. This trend reflects a broader sentiment among consumers who are becoming more cautious about […]
Economy
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Trump’s Treasury Secretary Views Stock Market Decline as ‘Healthy’
Amid a $5 trillion loss in the U.S. stock market over the last three weeks due to tariff threats and rising inflation, Treasury Secretary Scott Bessent has characterized […]
Economy
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Wall Street’s Recession Odds Rise Amid Trump’s Trade War Stance
The likelihood of a recession on Wall Street is increasing as President Trump maintains his stance on the trade war. The U.S. stock market has seen a significant […]
Economy
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US Postal Service Agrees to Collaboration with DOGE Led by Elon Musk
US Postmaster General Louis DeJoy has entered into an agreement with the Department of Government Efficiency (DOGE) and the General Services Administration to collaborate with the US Postal […]
Economy
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Consumer Sentiment Drops Amid Rising Inflation Fears
Consumer sentiment experienced a significant decline in early March, driven by soaring inflation expectations. Reports indicate that U.S. consumer sentiment dropped sharply as concerns over inflation, partly fueled […]
Economy
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Trump’s Tariff Policies Spark Economic Chaos and Uncertainty
President Donald Trump’s tariff policies have created significant economic chaos and uncertainty in the U.S. One uncertainty index of economic policy, dating back to 1985, has only been […]
Economy
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SpaceX and Tesla Lobby U.S. Trade Representative on Tariff Policies
Billionaire Elon Musk’s companies, SpaceX and Tesla, have submitted letters to the U.S. trade representative concerning tariff policies from the Trump administration. These submissions occur as Musk is […]
Economy
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Economic Uncertainty Weighs on Consumer-Driven Stocks
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 […]