Semiconductors and Pharma Face Pressure: Trump’s Latest Tariff Focus
President Trump’s latest round of tariff announcements have shaken markets again. First, he paused duties on certain consumer electronics.
Now he’s shifting his focus...
US Consumer Sentiment Sinks to Near Record Low
Consumer confidence in the United States has dropped sharply, again.
The University of Michigan’s preliminary April reading places the Index of Consumer Sentiment at...
US Inflation Cooled in March, but Will It Last?
US inflation cooled in March, offering consumers brief relief as gasoline and used vehicle prices fell. However, that current trend may reverse as steep...
Trump Freezes Global Tariffs – Except China, Which Faces 125% Hit
In a move that caught even his own trade team off guard, President Donald Trump has announced a 90-day pause on higher tariffs for...
Trump’s 50% Tariff Threat Escalates US-China Trade Standoff
US President Donald Trump has threatened to slap an additional 50% tariff on Chinese goods. The warning by Trump, made on social media, comes...
US homelessness increased in 2024, HUD report shows
Homelessness in the United States increased in 2024, according to the US Department of Housing and Urban Development.
A one-night count carried out in January...
Canada’s conservative leader Poilievre vows to fight Trump’s tariffs ‘with fire’
The leader of the Conservative Party of Canada, Pierre Poilievre, said he would fight Trump's looming tariffs on Canadian goods "with fire."
He vowed to...
Goldman Sachs forecasts strong global GDP growth for 2024, 2025, and 2026
After strong global GDP growth in 2024 of 2.7%, Goldman Sachs Research forecasts that the world economy will expand by 2.7% in 2025 and...
UK inflation rises to six-month high in October
UK annual inflation rose to a 6-month high of 2.3% in October, compared to 1.7% in September, which had marked a three-year low. The...
Trump tariffs: economic impact, business reactions, and what lies ahead
There is a renewed focus across the United States, China, the European Union (EU), Mexico, Canada, and much of the rest of the world...