Treasury Secretary Scott Bessent encouraged global business leaders to invest in the United States, defending President Trump’s economic agenda despite warnings from economists that it could slow growth […]
Economy
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Services PMI® at 51.6% in April 2025: Key Insights
In April 2025, the Services PMI® registered 51.6%, indicating expansion for the 10th consecutive month. This marks a 0.8 percentage point increase compared to March’s figure of 50.8%. […]
Economy
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Retroactive $6,710 Social Security Payout: Eligibility and How to Claim
In 2025, a major policy shift has enabled retroactive Social Security payments, providing relief to over a million Americans. The repeal of two controversial rules—the Windfall Elimination Provision […]
Economy
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Trump’s Tariffs Lead to Job Stagnation and Decreased Employee Morale
In 2023, Kathleen, a sales manager at a software company, faced the daunting task of laying off her entire team while keeping her own position. This experience left […]
Economy
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Strategists Remain Optimistic About China Amid Lingering US-China Trade War
May 5 (Reuters) – Despite ongoing tensions, financial strategists maintain optimism regarding China’s economic outlook, even as meaningful progress in the U.S.-China trade war remains elusive. Experts caution […]
Economy
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Goldman Vice Chairman Kaplan Discusses Rate-Cut Dilemma
Goldman Sachs Vice Chairman and former Federal Reserve official Richard Kaplan recently addressed the complexities surrounding potential interest rate cuts. Kaplan emphasized the delicate balance central banks face […]
Economy
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Trump Takes Credit for ‘Good Parts’ of Economy, Blames ‘Bad Parts’ on Biden
Former President Donald Trump continues to claim credit for the positive aspects of the U.S. economy while attributing its negative aspects to current President Joe Biden. This selective […]
Economy
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Warren Buffett Delivers Blunt Message on Tariffs and Trade Wars
Warren Buffett, during Berkshire Hathaway’s annual meeting, addressed the ongoing debate over tariffs and trade wars. He emphasized that a prosperous global economy benefits the U.S., and turning […]
Economy
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Buffett Advocates Balanced Trade Amid Tariff Pressures as Berkshire’s Cash Reaches Record High
Warren Buffett, the 94-year-old chairman of Berkshire Hathaway, emphasized the importance of balanced trade during the company’s annual meeting, stating that trade should not be used as a […]
Economy
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Trump attributes economic ‘good parts’ to his policies, blames ‘bad parts’ on Biden
In an exclusive interview with NBC News, President Donald Trump claimed credit for the ‘good parts’ of the economy while attributing the ‘bad parts’ to former President Joe […]