Category: ECONOMY

In a bold move following President Donald Trump’s decision to terminate trade negotiations, Canada has imposed a significant increase in duties on American steel imports.
The decision...

President Donald Trump announced the immediate termination of all trade discussions with Canada, citing the country’s digital services tax on American technology companies as the primary...

In a recent statement, Kroger, one of the largest supermarket chains in the United States, revealed plans to shutter 60 stores nationwide over the next 18 months.
CBS News reported that the decision...

(OPINION) It is being reported that Iran is seriously considering closing the Strait of Hormuz. We don’t know how high the price of oil will go if that happens, because it has never happened...

In recent months, dollar stores across the United States have reported a significant influx of higher-income shoppers, a trend that signals growing economic uncertainty and shifting consumer...

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...