U.S. Consumer Spending Slows in April as Tariff Uncertainty Weighs
The U.S. consumer spending decreased in April because people stopped rushing to purchase products before import tariff increases took effect...
Economics
Trump Administration Cancels $700 Million Moderna Bird Flu Vaccine Deal
During the Trump administration $700 million worth of Moderna funding agreements were terminated for developing and purchasing bird flu vaccine...
IMF Lifts UK Growth Forecast, Urges Fiscal Discipline
The International Monetary Fund improved its forecast for the UK economic growth this year but still expressed concern about the...
Argentina Unveils Plan to Reclaim Billions in Hidden U.S. Dollars
Under the leadership of libertarian President Javier Milei Argentina has started a program to bring back massive amounts of unreported...
Buy Now, Pay Later Defaults Rise Amid Consumer Strain
The rising number of late payments on Buy Now Pay Later (BNPL) loans creates worries about customer debt issues because...
Senate Moves Forward on Stablecoin Bill After Crypto Lobbying
A Senate vote on Monday advanced the delayed stablecoin legislation through a 66–32 procedural vote that also served to restart...
U.K. Halts Israel Trade Talks, Sanctions West Bank Settlers
The United Kingdom has stopped free trade negotiations with Israel while implementing new sanctions against West Bank settlers because of...
Treasury Secretary Warns ‘Liberation Day’ Tariffs May Return if Nations Refuse to Negotiate
U.S. Treasury Secretary Scott Bessent informed that the administration might reestablish some of its highest tariffs which were established on...
Is the U.S. Headed Toward Default? Moody’s Downgrade Raises Questions
The U.S. government received a double-A credit rating downgrade from Moody’s which revived fears about the possibility of American debt...
The Hidden Cost of a Truly ‘Made in the USA’ Car
At first glance, a new 2025 Ford Expedition rolling off the line at the Kentucky Truck Plant looks proudly American....
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