Trump Declares a 25% Tariff on All Steel and Aluminum Imports.
Michelle Thompson
President Donald Trump has mandated a 25% import tax on all steel and aluminum entering the US, significantly…
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Economy
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China’s Retaliatory Tariffs on the US are Now in Force.
China’s countermeasure import tariffs on certain US products took effect on Monday, escalating trade tensions between the world’s…
The Jobs Report Reveals a Decline in Hiring, With Companies Behaving as Though They are in a Recession.
The U.S. economy began 2025 by adding 143,000 jobs in January, fewer than anticipated, but the unemployment rate…
These Americans Believe the Economy isn’t Improving. Say Hello to ‘No Buy 2025.’
During times of uncertainty, impulse buying becomes more tempting. Social media has long encouraged this behavior—whether it’s a…
The U.S. Economy Experienced Another Year of Strong Growth.
The U.S. economy recorded another year of solid growth, highlighting the strength of the economy inherited by President…
Trump’s Grant Strategy Could Jeopardize the Stable Economy He Took Over.
A memo, under a thousand words and filled with right-wing rhetoric, plunged the US economy into uncertainty on…
GM Announces Record-Breaking Profits With Expectations of Even Better Performance Ahead, Though Potential Uncertainty Arises Due to Trump’s Policies.
General Motors announced a record-high adjusted net income for 2024 on Tuesday, just a year after the costly…
Trump Frequently Labels Economic Data as “Fake,” a Practice That Poses Significant Risks.
Erica Groshen, a former commissioner at the Bureau of Labor Statistics, compares federal economic data to critical infrastructure,…
Putin Praises the Resilience of Russia’s War-Driven Economy, But Critics Argue it’s an Illusion.
Since Russia’s large-scale invasion of Ukraine in 2022, its economy has outperformed expectations. While not thriving, it is…
The Bank of Japan Increases Interest Rates to their Highest Level in 17 Years.
Japan’s central bank has raised borrowing costs to their highest level in 17 years, driven by a surge…
