Economy
U.S. Loses Up to $26 Billion Yearly to Tariff Dodging, White House Reports
A new White House report reveals the U.S. is losing up to $26 billion annually in tax revenue due to countries routing...
Economy 282 articles
Economy
50% Canadian Tariff Threatens US Construction
U.S. construction businesses face significant economic strain as the deadline for President Trump's threatened 50% tariffs on Canadian imports approaches later this...
Economy
Jobless Claims Increase, US Labor Market Shows Resilience
US unemployment claims rose last week to 209,000, but overall layoffs remain historically low. The labor market exhibits resilience despite cautious hiring...
Economy
PM Burnham: Cost of Living Aid Insufficient, Hints at Broader Reforms
Prime Minister Andy Burnham admits current cost of living measures are "not enough" and signals future support, including public control of essential...
Economy
Treasury Warns 0.3% UK Growth in 2027 Amid Iran War Threat
Internal Treasury modelling warns Prime Minister Andy Burnham that UK GDP growth could plummet to 0.3% in 2027 if Middle East conflict...
Economy
US Government Appeals Universal Tariff Refund Order to All Importers
The U.S. government is challenging a trade judge's order for universal tariff refunds, arguing the mandate oversteps judicial authority and citing a...
Economy
Trump’s ‘Forced Labor’ Tariffs Spark Global Confusion, Legal Debate
The Trump administration has imposed new tariffs on 60 economies, citing forced labor, a move critics see as a legal workaround after...
Economy
Gold Tops $4,400 as Traders Await US Inflation Data
Gold reached a two-month high above $4,400 an ounce, driven by anticipation of a key US inflation report that could influence Federal...
Economy
Singapore Raises Growth Outlook to 5.5% on AI Momentum
Singapore has upgraded its 2026 economic growth forecast to as high as 5.5%, driven by a stronger-than-expected global artificial intelligence boom. This...