Indonesia Offers Wheat Deal, Tariff Cuts to U.S.
Washington and Indonesia have reached a major agreement through their ongoing tariff negotiations which includes a $500 million wheat purchase...
Economics
U.S. Factory Orders Jump on Aircraft Demand in May
The U.S. factory orders experienced a significant increase in May because of increased aircraft demand together with stable equipment investment...
Canada’s Dairy Policy Threatens Progress in U.S. Trade Talks
The Canadian decision to eliminate their digital services tax created better conditions for trade negotiations with the U.S. but agricultural...
Tariffs Foil ‘Made in USA’ Shift for Start-Up
Plufl, a start-up behind “dog beds for humans,” discovered the high cost of domestic manufacturing after U.S. tariffs on Chinese...
Private Hiring Falls for First Time Since 2023
The U.S. private sector employment decreased by 33,000 positions during June because businesses reduced their hiring activities due to economic...
Powell Reaffirms Wait-and-See Approach on Interest Rates
Federal Reserve Chair Jerome Powell indicated on Tuesday that the U.S. central bank will maintain its patient stance regarding interest...
Homebuyers Back Out as Cancellations Tick Higher
The housing market shows signs of strain because more American homebuyers choose to cancel their purchase deals. The National Association...
Supreme Court Upholds Universal Fee for Broadband Access
The U.S. Supreme Court supported the long-standing fee that finances phone and internet services for underserved areas through a 6–3...
Pending US Home Sales Beat Forecasts Despite Rate Worries
The U.S. housing market showed signs of stability when pending home sales exceeded market expectations during May despite ongoing affordability...
Fed Rule Change May Unlock $6 Trillion for Banks
The Federal Reserve plan to ease capital requirements for low-risk assets will generate trillions of dollars in balance sheet flexibility...
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