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Economy

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 Donald Trump’s tariffs. What is a…

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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. tariffs despite a temporary reduction in…

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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. platform, with some items like kitchenware…

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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. Known as $TRUMP, the coin surged…

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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 two met with Crown Prince Mohammed…

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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 tariffs disrupt its primary export market.…

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Chocolate Crisis in US: Cocoa Shortage and Tariffs Send Prices Soaring

Chocolate prices in the US are rising sharply due to a global cocoa shortage and new tariffs on imports introduced by President Donald Trump.…

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Trump’s Gulf Trip Sparks Major Jet and Arms Orders

Gulf–U.S. agreements are set to reach unprecedented levels as Qatar Airways prepares a massive order of 100 Boeing widebody jets, with an option for…

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IMF Cuts Global Growth Forecast Amid Record-High U.S. Tariffs

The International Monetary Fund has downgraded its global growth forecasts for the next two years, citing rising trade tensions and sweeping U.S. tariffs. In…

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Why the U.S. F-35 Jet Is Getting Pricier

The F-35, America’s most advanced and expensive fighter jet, is facing rising costs as new tariffs hit its global supply chain. Built by Lockheed…

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Trump Signs Executive Order Easing Tariffs on US Automakers

US President Donald Trump has signed an executive order to reduce the burden of overlapping tariffs on automakers, giving the industry a two-year grace…

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Trump Calls Bezos, Amazon Scraps Tariff Plan

Amazon found itself at the center of a political storm after considering a plan to display U.S. import tariffs on its low-cost platform, Amazon…

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Hormuz Closure Raises Doubts on Iran Ceasefire

Questions are growing about the stability of the newly announced U.S.–Iran ceasefire after Iran’s National Security Council outlined a reported ten-point framework that included…

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Lebanon Not Included in Ceasefire Deal

The White House confirmed that Lebanon is not part of the current ceasefire agreement, a decision that has been communicated to all parties involved.…

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White House Highlights Trump Call With Netanyahu

White House Press Secretary Karoline Leavitt said President Trump spoke with Israeli Prime Minister Benjamin Netanyahu, who reaffirmed Israel’s strong support for the United…

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