Trump Administration to Import Millions of Eggs to Combat Price Surge
In an effort to ease the rising cost of eggs, the Trump administration has confirmed plans to import millions of eggs from Turkey and South Korea. The move comes amid…
What to Expect as the Fed Prepares to Update Its Rate Projections
Federal Reserve officials are expected to keep interest rates unchanged in their upcoming meeting but will likely adjust their outlook on the economy, including projections for future rate changes. If…
Tariffs Drive Up Costs for New Homes and Remodeling Projects
The Trump administration’s tariffs on goods imported from Canada, Mexico, and China are already increasing the cost of building materials for residential construction and home remodeling projects. These tariffs, which…
Musk’s Paranoia on Immigrants and Entitlement Programs
Elon Musk recently shared a troubling and unfounded conspiracy theory on Joe Rogan’s podcast, claiming that Democrats are using entitlement programs like Social Security, Medicare, and disability benefits to attract…
Trump Announces He Will Buy a Tesla Following Stock Slump
US President Donald Trump announced his intention to purchase a new Tesla, following a significant drop in the electric car company’s stock. Tesla shares plummeted more than 15%, attributed to…
China Hits Canadian Farm and Food Products with Retaliatory Tariffs
China has announced a new wave of retaliatory tariffs on specific Canadian farm and food imports. The decision comes in response to Canada’s imposition of duties on Chinese-made electric vehicles,…
Tesla Shares Drop Every Week Since Elon Musk’s Visit to Washington
Anti-Musk and anti-Tesla sentiment have been on the rise across the United States and Europe, manifesting in protests and alleged criminal acts targeting Tesla facilities. The automaker’s partially automated driving…
Trump Dismisses Stock Market Concerns, Says Tariffs Will Strengthen U.S.
President Donald Trump stated on Thursday that his administration will not allow stock market fluctuations to influence its tariff policy decisions. Speaking in the Oval Office during the signing of…
Toys to See Price Increases by Fall Due to New US Tariffs on Chinese Imports
The U.S. toy industry braces for a significant price surge as new tariffs on Chinese imports take effect. Nearly 80% of toys sold in the United States are sourced from…
European Central Bank Lowers Interest Rates Again
The European Central Bank (ECB) has once again reduced its main interest rate, cutting it from 2.75% to 2.5%. This marks the sixth time in nine months that the ECB…
Mass Layoffs Linked to DOGE Cuts, Highest in Five Years
President Donald Trump’s push to reduce the size of the federal workforce left a significant mark on the labor market in February, with job cuts reaching their highest level in…
Canadians Cancel U.S. Travel Plans Due to Tariffs and Weak Loonie
Canadian travelers have significantly reduced leisure trips to the United States, reflecting their discontent with recent tariffs imposed on Canadian goods. In February, leisure bookings to American cities plummeted by…
Trudeau Calls Trump’s Tariffs ‘Dumb’ as Retaliation Looms
Prime Minister Justin Trudeau sharply criticized U.S. President Donald Trump’s sweeping 25% tariffs on Canada, labeling the move as a “very dumb thing to do” and pledging a “relentless fight”…
China to Impose Additional 15% Tariffs on Select U.S. Goods Starting March 10
China has “firmly rejected” the imposition of additional U.S. tariffs on Chinese goods, as confirmed by the country’s Ministry of Commerce on Tuesday. In response to the latest measures from…
Trump’s Tariffs on Canada and Mexico Threaten Cost Increases
U.S. President Donald Trump has initiated tariffs on Canada and Mexico, a move that could ignite a trade war with these neighboring nations. These tariffs include a 25% duty on…
UK, France, and Ukraine to Present Peace Plan to Donald Trump, Says British Prime Minister
British Prime Minister Keir Starmer is spearheading a diplomatic effort to revive a peace deal for Ukraine. On Saturday, Starmer spoke with French President Emmanuel Macron and U.S. President Donald…
Warren Buffett Criticizes Trump’s Tariffs, Warns of Economic Impact
In a recent interview with CBS News’ Norah O’Donnell, Warren Buffett expressed concerns over President Donald Trump’s tariff policies, highlighting potential negative repercussions for consumers. Buffett, known as the “Oracle…
Bank of Korea Reduces Rates to Stimulate Growth Amid Economic Pressures
The Bank of Korea (BOK) has cut its benchmark interest rate to 2.75% from 3%, marking the lowest level since August 2022. This decision, announced on Thursday, represents the third…
Trump Proposes Statehood to Canada to Bypass Tariffs in Trade Tensions
President Donald Trump has once again stirred the waters of international trade, reiterating his threat to impose tariffs on Canada unless certain conditions are met. In a bold move, Trump…
UK Government Engages in Talks Over Potential Benefits of PEM Plan
The United Kingdom government has initiated discussions with businesses regarding the potential advantages of joining the Pan-Euro-Mediterranean (PEM) convention. This plan could significantly streamline trade processes by reducing bureaucratic hurdles.…