Economy

Americans showed reduced fears about inflation in May, coinciding with President Donald Trump’s decision to pull back from some of his most severe tariff proposals. The New York Federal Reserve’s…

The ongoing dispute between President Donald Trump and billionaire Elon Musk over a major spending bill has intensified worries about the future of NASA’s budget, which was already facing significant…

On Friday, Russia’s central bank lowered its key interest rate by 100 basis points to 20%, marking its first rate cut since September 2022. This move suggests that inflation pressures,…

At last year’s NATO summit in Washington, Canada was called out by allies for falling short of the current 2% of GDP defence spending goal. Now, with talks underway to…

Jamie Dimon, CEO and chairman of JPMorgan Chase, sounded alarm bells about the dangers to our financial markets. He offered these reflections at the bank’s annual investor day confab in…

Gasoline prices might fluctuate a lot this summer. Roger McKnight, chief petroleum analyst with En-Pro International, explains that refinery capacities, factors in the market and geopolitics are essential drivers. That’s…

Despite this, the UK’s employment picture has been politically cautious. Payroll figures plummeted across the board in this first quarter of the year. According to DOL’s own reports, the deficit…

India’s recent military strike, which crossed multiple kilometers into territory controlled by Pakistan, has further aggravated tensions and threatens regional stability. Despite the growing acrimony, the Indian financial markets have…

Yiwu, a city in the Zhejiang province on China’s eastern coast, has turned into an essential link for worldwide exchange. It’s most infamous for its overwhelming number of lobbyists in…

The complete economic picture—the U.S. economy contracted by an annual rate of 0.3% in Q1 2025. This big drop represents a stark difference from the 2.4% increase that was reported…

In recent discussions, President Donald Trump suggested that there is a possibility of replacing federal income tax revenue with tariff income. This statement has sparked a wave of skepticism among…

As consumers get ready for Easter, they’ll be facing the highest chocolate prices on record thanks to sky-high cocoa prices. The jump in cocoa prices have partly been the result…

Gold prices jumped to an all-time high last week. With growing trade tensions and increasing fears of inflation, investors rushed to gold as a safe haven. On Wednesday, spot gold…

China’s Commerce Ministry has responded to recent tariff exemptions announced by the Trump administration, urging the United States to eliminate reciprocal tariffs entirely. In an online statement that CNBC translated,…

Don’t expect the Greater Toronto Area (GTA) condo market to make a quick comeback. Meanwhile, non-stop conditions in the rest of the region still continue, as other major Canadian cities…

Iran’s rial recently crashed to an all-time low against the U.S. dollar, trading at over 1 million rials per dollar. This dramatic decline has alarmed Iranians and much of the…

President Donald Trump’s upcoming tariffs on Chinese imports could significantly increase the cost of clothing and footwear for American families, especially as children head back to school in new sneakers,…

China will impose a 34% tariff on U.S. imports beginning April 10, aligning with the same duty that the Trump administration is set to place on Chinese goods. This move,…

In the wake of a significant stock market decline, President Donald Trump expressed an unwavering confidence in the U.S. economy. After announcing those new tariffs, Trump watched as the Dow…

One recent report from Goldman Sachs sounded the alarm on an unintended execution that could be devastating collision course economic fallout from the White House’s bellicose tariff tactics. The financial…