Economics

China’s Export Orders Slump as Trump’s Tariffs Hit Hard

The Chinese economy faces significant pressure from President Donald Trump’s 145% tariffs on its exported goods because April surveys indicate...

Buy Now, Pay Later Loans Surge for Groceries, with Rising Late Payments

BNPL loans increasingly serve as a financial solution for Americans who need help paying for groceries while payment delays have...

Trump’s Feud with the Federal Reserve: A Threat to Its Independence?

Donald Trump has stepped up his public criticism of Federal Reserve Chair Jerome Powell since his appointment in 2018 during...

Signs Emerge of U.S. Tariff Retreat Amid Global Economic Concerns

My travel across North America from Arizona to Washington D.C. and Saskatchewan has allowed me to observe the disruptions caused...

California Surpasses Japan as World’s Fourth Largest Economy

The International Monetary Fund (IMF) along with the U.S. Bureau of Economic Analysis reported that California surpassed Japan to become...

Deutsche Bank Warns of U.S. Dollar Decline Amid Trade and Geopolitical Shifts

George Saravelos and Tim Baker at Deutsche Bank anticipate a major decline in the value of the U.S. dollar because...

Swiss President: Trump Administration Targets ‘Privileged’ Tariff Talks with 15 Nations

Swiss President Karin Keller-Sutter announced during an SRF interview that Switzerland joined 14 other countries which the Trump administration chose...

Homebuilders Brace for a Costlier, Slower Year Amid Trade War Uncertainty

Homebuilders across the United States predict an extremely difficult year because of President Donald Trump's tariffs combined with economic instability....

Twelve States Sue to Block Trump’s Tariffs, Citing Unconstitutional Overreach

The presidential administration of Donald Trump faces legal action from twelve Democratic-controlled states which question his ability to establish wide-ranging...