Economy

Inflation Slows Despite Strong Consumer Spending
Economy Inflation Slows Despite Strong Consumer Spending

A Tale of Two Economies: Unpacking the Contradictory Signals The latest economic data paints a complex and seemingly contradictory picture of the U.S. economy, where key indicators reveal that wholesale inflation is moderating faster than anticipated even as American consumers continue to spend

Policy Fears Sink Dow While AI Lifts Nasdaq
Economy Policy Fears Sink Dow While AI Lifts Nasdaq

The U.S. stock market presented a starkly divided picture on Wednesday, as a dramatic policy-driven sell-off in industrial and financial shares sent the Dow Jones Industrial Average tumbling from a record high, while the technology sector’s unshakable faith in artificial intelligence propelled the

Tariffs Fuel Layoffs and Soaring Costs for U.S. Companies
Economy Tariffs Fuel Layoffs and Soaring Costs for U.S. Companies

Beyond the high-stakes rhetoric of international trade disputes, a quiet crisis is unfolding within the warehouses and boardrooms of American businesses, where escalating tariffs are translating directly into job losses and crippling operational costs. Recent industry data reveals that these trade

Will US Pressure Halt Greenland's Independence?
Economy Will US Pressure Halt Greenland's Independence?

Greenland's long-held aspiration for full sovereignty has been thrust into a precarious new reality, caught between its historic ties to Denmark and the aggressive territorial ambitions of the United States. A determined push for self-determination, shared by a majority of the island's 57,000

Officials Warn Powell Probe Threatens Fed Independence
Economy Officials Warn Powell Probe Threatens Fed Independence

A Chilling Precedent: Economic Leaders Rally Against Political Interference A criminal investigation into Federal Reserve Chair Jerome Powell has triggered a firestorm of condemnation from America’s most respected economic officials, who warn the move represents an unprecedented and politically

UN Warns Global Economic Growth Will Slow by 2026
Economy UN Warns Global Economic Growth Will Slow by 2026

A comprehensive report from the United Nations on the world economic situation paints a picture of moderated momentum, projecting that global economic growth will decelerate to 2.7 percent this year before a marginal recovery to 2.9 percent in 2027. This overarching trend signals that the pace of

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