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President Donald Trump’s economic agenda is now at the forefront, as recent financial data raises questions about the sustainability of his policies. With the implementation of new tariffs and a sweeping tax and spending bill, the U.S. economy has begun
More than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837 have voted to reject Boeing’s latest contract offer, setting the stage for a strike that will begin at midnight on Monday. The decision affects
OPEC+ has announced a significant increase in oil production, agreeing to raise output by 547,000 barrels per day starting in September. The decision, made during a brief virtual meeting on Sunday, marks another step in the alliance’s efforts to reclaim
Apple has forecast stronger-than-expected revenue for the current quarter, despite warning of a $1.1 billion impact from U.S. tariffs. The company reported third-quarter earnings that exceeded Wall Street expectations, driven by robust iPhone sales and a rebound in its China
The U.S. labor market added just 73,000 jobs in July, falling short of expectations and signaling a sharp slowdown in hiring as President Donald Trump’s tariff policies weigh on businesses. According to the Bureau of Labor Statistics, the July figure
U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade liberalization. The new US tariffs,
The United States will suspend its longstanding tariff exemption for low-value imports starting August 29, 2025, under a new executive order signed by President Donald Trump. The exemption, known as the “de minimis” rule, allowed packages valued at $800 or
Shares of Meta Platforms rose sharply in pre-market trading Thursday, climbing more than 11 percent after the company announced plans to double its AI investment in 2025. The social media and technology giant is preparing to allocate up to $72
As of August 1, steep new US tariffs from the Trump administration are set to go into effect, with wide-reaching implications for American consumers. Grocery stores and major retailers are preparing for significant increases in the cost of imported goods,
Poland is expected to suffer financial losses of approximately $2.16 billion due to the new US tariffs on European goods, Prime Minister Donald Tusk confirmed Tuesday. While acknowledging the damage these measures could cause, Tusk maintained that the compromise deal
