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Economy

The U.S. Is Saying Goodbye to the Penny

The U.S. Treasury Department has confirmed it will phase out the penny coin, officially ending the production of…

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U.S.–EU Trade Tensions Ease

The United States has postponed a threatened 50% tariff on goods from the European Union until July 9,…

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Walmart vs. the Rest: Who’s Really Leading U.S. Retail?

Walmart tops U.S. retail with $534B in 2023 sales — now warning of price hikes due to Trump’s…

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Trump’s $1.5B Vietnam Golf Empire Breaks Ground Near Hanoi

A $1.5 billion luxury golf and residential resort project, backed by the Trump Organization, has officially broken ground…

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Senate Unanimously Passes No Tax on Tips Act, Delivering Major Tax Relief for Service Workers

In a surprise unanimous vote, the US Senate approved the No Tax on Tips Act (Bill S. 129),…

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Trump Tariffs Shake Indian Diamond Exports

India’s polished diamond exports have dropped to their lowest level in nearly 20 years, as demand weakens in…

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A Timeline of Major U.S. Recessions

Experts are warning that the chances of a US recession have “increased” in the wake of US President…

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Walmart to Raise Prices Amid Ongoing Tariff Pressures

Walmart plans to raise prices across many categories by the end of May, citing mounting pressure from U.S.…

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Shein and Temu Shock U.S. Shoppers with Price Hikes After Tariffs

American shoppers may be in for a surprise at checkout: Shein has raised prices sharply across its U.S.…

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Inside the $TRUMP Coin Phenomenon

A meme-based cryptocurrency linked to U.S. President Donald Trump has gained significant attention in the digital asset space.…

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Elon Musk Joins Trump in Saudi Arabia

Trump and Musk’s visit to Saudi Arabia signals a growing alliance between U.S. business and Gulf leadership. The…

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US Tariffs Hit China’s Tilapia Industry Hard

In Maoming, a coastal city in southern China, the tilapia industry is facing a major crisis as US…

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U.S. ENERGY: THEN VS NOW

U.S. energy production has shifted dramatically since 1950, with natural gas, oil, and renewables rising, while coal steadily…

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New York’s Milky Way Show Leads to Major Space Discovery

“Encounters in the Milky Way,” the latest immersive show at New York’s Hayden Planetarium, unveils a groundbreaking astronomical…

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Studio Ghibli at 40: Holding Onto Wonder in an AI Age

Studio Ghibli, Japan’s most celebrated animation studio, marks its 40th anniversary this June. Known for its hand-drawn films…

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