US firms in China most pessimistic since 1999, survey says
US businesses in China are less optimistic about conditions in the country than at any point in the last quarter-century, a survey has revealed. Just 41 percent of US businesses...
Economy
US Supreme Court to decide legality of Trump’s tariffs
The United States Supreme Court has granted an unusually quick hearing on whether President Donald Trump has the power to impose sweeping tariffs under federal law. The justices said on...
Bessent Says the U.S. Would Have to Pay Massive Refunds If Trump’s Tariffs Are Struck Down. Experts Aren’t So Sure
U.S. Treasury Secretary Scott Bessent has said that much of the billions collected under President Donald Trump’s sweeping “reciprocal tariffs” would need to be paid back if the Supreme Court...
Scott Bessent Fights Brutal Job Numbers
As if Scott Bessent wasn’t angry enough already. The Treasury secretary, in the headlines in recent days for allegedly threatening to smack one of his colleagues in the face, now...
Apple unveils slim iPhone Air at annual product launch event
Apple has announced several new products, including its new slimmer iPhone “Air” model with a “high-density battery” and a brand new processor, as well as an iPhone 17, the latest...
The U.S. Added Nearly a Million Fewer Jobs in the Past Year Than Previously Thought, Updated Data Shows
The U.S. economy added hundreds of thousands fewer jobs in 2024 and early 2025 than previously thought, according to the Bureau of Labor Statistics (BLS), indicating a much weaker labor...
The U.S. has lost thousands of manufacturing jobs this year, analysis finds
Manufacturers in the U.S. are cutting thousands of jobs even as President Trump pushes economic policies that he says will revitalize the industry. Employers shed 12,000 manufacturing jobs in August, while...
Rising Unemployment Among Black Women Is a Bad Sign for the Economy
On Tuesday, the Bureau of Labor Statistics released revised preliminary benchmarking data showing that close to a million fewer jobs were added to the U.S. economy in the 12 months...
Europe and the U.S. Still Haven’t Choked Off Russia’s Energy Riches
One would think, three and a half years into Russia’s invasion of Ukraine, that the West could come up with a way to choke off Russia’s energy exports, still the...
Labor market added 911,000 fewer jobs than earlier reported, BLS says
The U.S. labor market added 911,000 fewer jobs in the 12-month period that ended March 2025 than had earlier been reported, the Bureau of Labor Statistics said on Tuesday. The...
