Concerns over tariffs and spending cuts are signaling potential risks to emerging economic growth, according to recent reports. The U.S. economy is showing signs of strain due to […]
Economy
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‘Economic blackout’ campaign encourages Americans to boycott shopping on Friday
The ‘Economic blackout’ campaign, led by John Schwarz, founder of People’s Union USA, urges Americans to refrain from shopping both in physical stores and online from midnight Thursday […]
Economy
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Trump administration unveils bird flu plan as egg prices soar
The US Department of Agriculture (USDA) has introduced a $1 billion plan to assist farmers in combating a severe bird flu outbreak. This initiative includes $500 million for […]
Economy
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Paramount ends DEI policies, cites Trump executive order
Paramount Global has announced the termination of several diversity, equity, and inclusion (DEI) policies in response to an executive order by President Donald Trump. According to a memo […]
Economy
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Dow Jones Today: Major Indexes Mixed as Nvidia Leads Chip Stocks Lower After Earnings, Investors Digest News on Tariffs
Bath & Body Works (BBWI) shares dropped as the retailer warned that new tariffs and weak consumer spending would impact future results. The company forecasts full-year earnings per […]
Economy
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US weekly jobless claims post largest gain in five months
The number of Americans filing for unemployment benefits saw the largest increase in five months, according to a report released on February 27. Despite this, the overall trend […]
Economy
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Dollar firms on US trade policy anxiety; Nvidia provides little steer for stocks
TOKYO, Feb 27 (Reuters) – The U.S. dollar strengthened in early Asian trading hours on Thursday as Treasury yields edged higher, while investors evaluated the outlook for tariffs […]
Economy
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What’s in Trump’s $1bn plan to bring egg prices down?
The US Department of Agriculture (USDA) has introduced a $1 billion initiative to combat the bird flu crisis, which has led to a severe egg shortage and skyrocketing […]
Economy
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Gross Domestic Product, 4th Quarter and Year 2024 (Second Estimate)
Real gross domestic product (GDP) in the U.S. grew at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the second estimate from […]
Economy
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Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits reached their highest level of the year last week, signaling potential weakness in the labor market. According to a Labor Department report, jobless […]