Category: ECONOMY

At Home Group Inc., a Texas-based home decor retailer, is preparing to file for Chapter 11 bankruptcy protection in the coming weeks as it grapples with severe liquidity challenges and mounting...

President Donald Trump escalated trade tensions by threatening a 50% tariff on all European Union imports and a 25% tariff on Apple products unless iPhones are manufactured in the United...

The United States’ national debt has reached an unprecedented $36.2 trillion, sparking intensifying concern from economists and financial institutions.
The escalating debt burden has prompted...

On Monday, Moody’s Ratings downgraded the long-term ratings of several of the largest banks in the United States, including JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), and...

For months, major retailers have been sounding the alarm about impending price increases, and now the reality is hitting store shelves.
Insider reports from Target employees reveal significant price...

President Donald Trump rebukes retail giant Walmart for rising prices, demanding that the corporation absorb the costs of tariffs rather than pass them on to consumers.
According to multiple sources...

Moody’s Ratings downgraded the United States’ long-term issuer and senior unsecured ratings from Aaa to Aa1, marking the first time the U.S. has lost its top-tier credit rating from all...

California is bracing for a potential energy and economic crisis as gas prices could surge by 75% to $8.43 per gallon by 2026, according to a stark warning from Senate Minority Leader Brian...

(OPINION) In an era marked by economic uncertainty, a recent survey reveals that financial stress is profoundly impacting Americans’ mental well-being.
Conducted by Talker Research for Beyond...

(OPINION) Container ships from Asia take 30–50 days to reach U.S. West Coast ports, but current demand for container space from China is 60–65% below normal.
Without faster shipping or a reversal...

Current indicators suggest that while there are no imminent shortages of goods in United States stores, the ongoing deterioration in global shipping may soon lead to such shortages.
This situation...

Many individuals remain unaware of the intricate processes that govern the movement of goods across the globe.
However, a few years back, the world’s attention was suddenly drawn to supply-chain...

In a detailed interview conducted on Friday at his Mar-a-Lago estate in Florida, President Donald Trump reiterated his unwavering commitment to maintaining tariffs on Chinese goods, dismissing...

Since the onset of April, there has been a notable increase in layoffs within the manufacturing, distribution, and freight sectors across the southeastern United States.
According to various media...

Concerns about the state of the U.S. economy are intensifying, particularly with the introduction of significant tariffs on pharmaceutical goods imported from China, which may lead to serious...

United Parcel Service (UPS) is undergoing a significant operational overhaul, announcing plans to cut 20,000 jobs and shut down more than 70 facilities across the United States.
The dramatic...