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Home Category News Business Economy

Economy

Procter & Gamble says it will cut 7,000 jobs over the next 2 years

Procter & Gamble says it will cut 7,000 jobs over the next 2 years

by CBS News
June 5, 2025

Procter & Gamble said Thursday it will cut 7,000 jobs over the next two years, or about 15% of its non-manufacturing workforce. In a statement, the consumer products giant said it...

Breitbart Business Digest: Tariffs and Tax Relief—Trump’s New Model for Funding the Government

Breitbart Business Digest: Tariffs and Tax Relief—Trump’s New Model for Funding the Government

by Breitbart
June 5, 2025

Tariffs Reduce Trade and Budget Deficits The Congressional Budget Office just confirmed something the political class said couldn’t be done: cut taxes, reduce the deficit and lower federal borrowing—all at...

How Doubling Tariffs on Steel and Aluminum Will Hit U.S. Businesses and Consumers

How Doubling Tariffs on Steel and Aluminum Will Hit U.S. Businesses and Consumers

by TIME
June 4, 2025

Canned foods, cars, houses, and a range of other goods could soon get more expensive as businesses face a newly doubled tariff rate of 50% for steel and aluminum imports.  ...

Inflation data threatened by government hiring freeze as tariffs loom

Inflation data threatened by government hiring freeze as tariffs loom

by Associated Press
June 4, 2025

WASHINGTON (AP) — The Labor Department has cut back on the inflation data it collects because of the Trump administration’s , raising concerns among economists about the quality of the...

Trump airs frustrations with Xi and Powell over elusive economic goals

Trump airs frustrations with Xi and Powell over elusive economic goals

by NBC News
June 4, 2025

President Donald Trump’s overnight volley of social media posts revealed his frustrations with decision makers whose cooperation he needs to secure some of his top economic objectives. Early Wednesday morning,...

Citigroup Reverses Its Firearms Policy Months After Trump Called Out U.S. Banks. Here’s What to Know

Citigroup Reverses Its Firearms Policy Months After Trump Called Out U.S. Banks. Here’s What to Know

by TIME
June 4, 2025

Citigroup has reversed its policy restricting banking services to retail clients selling firearms, ending the practice that was put into place in 2018. In a statement shared on June 3,...

Relief could be coming to lower high meat prices across US: expert

Relief could be coming to lower high meat prices across US: expert

by New York Post
June 4, 2025

Meat prices remain higher across the country, with staples like steak, chicken, and ground beef still costing significantly more than they did a year ago. But one industry leader believes relief...

Germany’s new government launches a program to encourage investment and boost the economy

Germany’s new government launches a program to encourage investment and boost the economy

by Associated Press
June 4, 2025

BERLIN (AP) — Germany’s new government on Wednesday launched a package of tax breaks and eventual tax cuts for companies, moving to encourage investment as it tries to give new...

Donald Trump’s 50% steel and aluminium tariffs take effect

Donald Trump’s 50% steel and aluminium tariffs take effect

by Al Jazeera
June 4, 2025

In a move that has reignited trade tensions with key allies, United States President Donald Trump has doubled tariffs on steel and aluminium imports. The new rates, which came into...

As Bulgaria prepares to join the euro, Poland couldn’t be less interested

As Bulgaria prepares to join the euro, Poland couldn’t be less interested

by Politico
June 3, 2025

BRUSSELS — As the European Union’s poorest country Bulgaria readies to enter the eurozone, the bloc’s economic star pupil Poland is further than ever from joining. The European Central Bank...

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Autism Research Is a Chance for RFK Jr. to Take Pesticides Seriously
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Autism Research Is a Chance for RFK Jr. to Take Pesticides Seriously

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