Economics

U.S. Tariffs Drive Up Packaging Costs for Food Producers

The U.S. steel and aluminum tariffs have increased packaging expenses for American food manufacturers so Pacific Coast Producers must consider...

Trump’s CFPB Rollback Cost Consumers $18 Billion, Groups Say

Consumer advocacy groups predict that Trump administration policies to reduce Consumer Financial Protection Bureau authority will result in at least...

U.S. Strike on Iran Clouds Economic Outlook, Spurs Oil Risk

The U.S. airstrike on Iran’s nuclear sites has intensified economic uncertainty as investors brace for possible inflationary fallout, renewed geopolitical...

Macron Pushes for EU Space Power to Rival U.S., China

French President Emmanuel Macron demanded a strong European space strategy on Friday by advocating for enhanced satellite manufacturing and deployment...

Trump’s ‘Golden Age’ Runs Into Fed’s Tougher Outlook

The U.S. economy faces a conflict between President Donald Trump's promise of economic growth and the Federal Reserve's more conservative...

Iran Keeps Oil Flowing as Conflict Threatens Exports

The data shows Iran modifies its oil export methods because of rising Israeli conflict by keeping crude exports steady while...

Global Rate Cuts Diverge as Tariffs, War Cloud Outlook

The Swiss National Bank together with Norway's central bank reduced interest rates on Thursday while the U.S. Federal Reserve maintained...

Drone ‘Wingmen’ Take Center Stage at Paris Airshow

The Paris Airshow featured autonomous military drones known as “wingmen” as defense companies presented their advanced aircraft systems which will...

US, UK Sign Trade Deal, Steel Still in Dispute

The United States and United Kingdom reached a restricted trade agreement that eliminates aerospace and automobile tariffs but steel and...

US Business Inventories Flat as Manufacturing Stocks Dip

The U.S. business inventory levels stayed steady during April according to Commerce Department statistics which showed manufacturing stock decreases balanced...