Breaking News: Economy

Lutnick Confirms: 10% Baseline Tariff Set to Remain for the Foreseeable Future
U.S. Commerce Secretary Howard Lutnick recently emphasized that a 10% baseline tariff on imports will likely remain for a long ... Read more

China’s Export Boom: How Southeast Asia is Countering a Drop in U.S. Trade
China’s Export Landscape: Recent Changes and Future Outlook In April 2025, China’s exports saw a notable increase, mainly driven by ... Read more

Trump Set to Reveal Landmark Trade Deal with the UK: First Agreement Since Tariff Suspension
New Trade Agreement Between the U.S. and the UK President Donald Trump is about to reveal a new trade agreement ... Read more

Live Updates: Powell Emphasizes Fed’s Cautious Approach to Rate Cuts, Stresses Need for More Data
Fed Chair Powell Addresses Economic Concerns In a recent press conference, Fed Chair Jerome Powell highlighted that the U.S. federal ... Read more

China Unveils Bold Strategies to Revitalize Economy Impacted by Trade War: Key Measures for Growth
China’s central bank is taking urgent steps to support its economy amid growing trade concerns. On March 6, 2025, Governor ... Read more

Trade Talks Alert: Trump Officials Bessent and Greer Set to Meet Chinese Counterparts on Key Economic Issues
U.S. and China to Meet for Trade Talks in Switzerland Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer ... Read more

Trump Shares Shocking AI-Generated Image of Himself in Pope’s Attire: What It Means for His Image
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U.S. Economy Contracts 0.3% in Q1: How Trump’s Policy Uncertainty is Impacting Businesses
The U.S. economy experienced a contraction in early 2025, shrinking by 0.3% in the first quarter. This was unexpected, as ... Read more

Luxury Spending Surges: How Wealthy Consumers Are Daring to Splurge While the Rest of America Cuts Back
As 2025 unfolds, America finds itself divided in how consumers approach spending. Wealthier individuals continue to indulge in luxury experiences, ... Read more