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Home Category News Business Economy

Economy

China has been stockpiling a key US crop before Trump takes office

China has been stockpiling a key US crop before Trump takes office

by Business Insider
January 16, 2025

China is stockpiling more than semiconductor chips amid its trade war with the US. Last year, China imported a record 105.03 million metric tons of soybeans — a key crop...

Bannon vs Musk: How Trump’s U-turn on H-1B visas has split MAGA

Bannon vs Musk: How Trump’s U-turn on H-1B visas has split MAGA

by Al Jazeera
January 16, 2025

Days before Donald Trump is sworn in as president of the United States, a feud between his tech allies and champions of his far-right MAGA (Make America Great Again) agenda...

Jamie Dimon says these are the 2 biggest risks to the economy

Jamie Dimon says these are the 2 biggest risks to the economy

by Quartz
January 15, 2025

Although the U.S. economy has been resilient, with slowing inflation and a consistently strong labor market, JPMorgan Chase (JPM+2.26%) CEO Jamie Dimon still sees two “significant risks” to the economy....

US firms boost imports ahead of Trump tariffs

US firms boost imports ahead of Trump tariffs

by Al Jazeera
January 15, 2025

US imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump’s plan to impose new tariffs that could...

Canadian minister warns that Americans will experience economic pain from Trump tariffs

Canadian minister warns that Americans will experience economic pain from Trump tariffs

by Associated Press
January 15, 2025

WASHINGTON — Canada’s energy minister came to Washington this week to warn U.S. lawmakers about President-elect Donald : They’d inflict economic pain on Americans, with higher prices and job losses....

Trump’s latest labor pick is good news for the gig economy

Trump’s latest labor pick is good news for the gig economy

by Quartz
January 15, 2025

President-elect Donald Trump has tapped Keith Sonderling as his deputy labor secretary, handing employers in the so-called gig economy an ally. Sonderling previously served as Trump’s acting administrator of the...

Wall Street Journal calls on Gov. Gavin Newsom to loosen environmental regulations for all Californians

Wall Street Journal calls on Gov. Gavin Newsom to loosen environmental regulations for all Californians

by Fox News
January 15, 2025

The Wall Street Journal argued that California Gov. Gavin Newsom should waive environmental regulations for all Californians, not just victims of the fires in Los Angeles. The paper’s editorial board...

Nobel economist Paul Krugman says Trump’s policies will leave his blue-collar base feeling ‘brutally scammed’

Nobel economist Paul Krugman says Trump’s policies will leave his blue-collar base feeling ‘brutally scammed’

by Business Insider
January 15, 2025

Donald Trump rode to victory in the US presidential race by pledging to put America first and fight for blue-collar workers. Paul Krugman says he’ll only make their lives harder....

Germany’s Economy Shrinks for Second Year

Germany’s Economy Shrinks for Second Year

by Newsweek
January 15, 2025

Germany’s economy contracted for the second consecutive year in 2024, continuing its struggle with a series of internal and external challenges. Official data released on Wednesday revealed a 0.2 percent...

US inflation likely remained elevated last month, threatening interest rate cuts

US inflation likely remained elevated last month, threatening interest rate cuts

by Associated Press
January 15, 2025

WASHINGTON — U.S. inflation probably worsened last month on the back of higher prices for gas, , and used cars, a trend that could lessen the chance that the Federal...

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Josh O’Connor Is the Busiest Movie Star at the Cannes Film Fest
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Josh O’Connor Is the Busiest Movie Star at the Cannes Film Fest

May 23, 2025
The Little Giveaways Tucked Into the Big Republican Bill
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The Little Giveaways Tucked Into the Big Republican Bill

May 23, 2025
‘Lilo & Stitch’ Fans Livid Over Live Action Movie’s New Ending
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‘Lilo & Stitch’ Fans Livid Over Live Action Movie’s New Ending

May 23, 2025
Billy Joel canceled all concerts after doctors found cerebrospinal fluid buildup in his brain. Here’s what that means.
News

Billy Joel canceled all concerts after doctors found cerebrospinal fluid buildup in his brain. Here’s what that means.

May 23, 2025
Satellite images show the catastrophic damage to North Korea’s new destroyer that’s lying on its side
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Satellite images show the catastrophic damage to North Korea’s new destroyer that’s lying on its side

May 23, 2025

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