Economy
US Firms Quietly Claim Billions in Trump Tariff Refunds
US companies are discreetly pursuing billions in refunds for Trump-era tariffs, navigating political backlash and legal risks while boosting their bottom lines.
Economy 240 articles
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
Economy
Global Factory Activity Sags as Inflation Drives G7 Bond Yields to Two-Decade High
Global factory activity is slowing or contracting due to persistent inflation and a war-induced energy crunch, pushing G7 sovereign bond yields to...
Economy
Maine Program Feeds Communities, Stabilizes Fish Prices
A pandemic-era initiative, Fishermen Feeding Mainers, has injected over $4 million into Maine's groundfishing industry by purchasing 1.3 million pounds of fish...
Economy
G7 Ministers Target Critical Mineral Supply Chains
G7 trade ministers convened to address geopolitical tensions and trade uncertainty, pledging cooperation on securing critical mineral supply chains, with a clear...
Economy
Wales First Minister Slams UK Cost of Living Measures as ‘Missed Opportunity’
Rhun ap Iorwerth criticizes the Chancellor's cost of living package, arguing for deeper action on energy prices rather than temporary tax cuts.
Economy
Hormuz Standoff: Iran’s Sanction Resilience vs. US Economic Pressure
A protracted crisis in the Strait of Hormuz pits Iran's hardened economy against US-imposed sanctions, with global oil prices and recession risks...
Economy
VAT Cut on Summer Fun: A Surprise from the Chancellor
Chancellor Rachel Reeves announced a surprise VAT cut on summer attractions, aiming to ease cost-of-living pressures. The move was not pre-briefed.
Economy
Walmart Uses Tariff Refunds for Price Cuts as Shoppers Feel Gas Price Squeeze
Walmart plans to use tariff refunds to lower prices, responding to consumer stress from rising gas costs. CFO John David Rainey noted...