Economy
Chinese Truck Influx Threatens Mexico’s US Tariff Relief Efforts
Mexico's burgeoning fleet of Chinese-made heavy trucks is complicating its bid for US tariff relief, as Washington raises concerns over North American...
Economy 297 articles
Economy
June Retail Sales Edge Up 0.2%, Driven by Cars and Online Buys
U.S. retail sales rose a modest 0.2% in June, but excluding gas, shoppers showed resilience, buying cars and boosting online sales. Falling...
Economy
Coffee Prices Soar: Global Turmoil Brews in Every Cup
A £5 coffee now reveals a complex narrative of global economic turmoil, driven by climate shocks, trade wars, and supply chain disruptions,...
Economy
Fuel Price Dip Drives 10% Consumer Sentiment Gain in July
Consumer sentiment improved by 10% in early July, marking the second consecutive monthly jump, according to the University of Michigan. The rise...
Economy
US Jobless Claims Hit 10-Week Low at 208,000
US weekly unemployment claims fell to 208,000, the lowest level in 10 weeks, signaling a robust job market with historically low layoffs.
Economy
Trump Administration Scrambles to Restore Tariffs by July 24 Deadline
The Trump administration is urgently working to replace billions in lost tariff revenue after a Supreme Court ruling invalidated key import taxes,...
Economy
US Slaps 25% Tariff on Brazilian Goods Over Unfair Trade
The US will implement a 25 percent tariff on some Brazilian imports from July 22, citing unfair trade practices identified in a...
Economy
US Imposes 25% Tariffs on Brazil Ahead of October Election
The US will levy a 25% tariff on most Brazilian imports starting July 22, marking the first such action since the Supreme...
Economy
China’s Economic Growth Decelerates Sharply, Missing Official Target
China's economy grew 4.3% in Q2, falling short of Beijing's target. Weak domestic demand and oil price shocks from the Iran war...