U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records
The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.
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Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says
The firm said its estimate of additional expensed for companies is probably conservative.
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Swiss government slashes growth outlook as Trump tariffs put 'heavy burden' on economy
The risks are mounting for the Swiss economy as the country‘s goods face one of the Trump administration’s most punitive tariff rates.
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Philly Fed Survey Signals 'Widespread Expectations For Growth', Lower Inflation
After yesterday's surge in the New York Fed's Manufacturing survey (showing strong new orders and em
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US-China Tariffs Heat Up—Pause Still Possible, Says Bessent
President Trump signaled the U.S. and China are effectively in a trade war, even as Treasury Secretary Scott Bessent left room to extend a current tariff pause and a Trump–Xi meeting remains on the calendar. After floating a new 100% tariff on Chinese goods from Nov. 1, tensions seesawed amid Chinese sanctions and U.S. threats over soybeans. Some U.S. tariffs (up to ~145%) are paused until Nov. 10, with a Supreme Court test of “reciprocal” tariffs looming. Companies are adapting unevenly—Stellantis expanding in the U.S., while Apple deepens ties in China—suggesting continued market volatility.
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Trump tariffs: India\s exports to US plunge as 50% tariffs weigh
US has become Indias most severely affected market since the tariff war began.
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CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Speaking at CNBC's Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground.
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Tariffs are pushing prices higher and consumers are feeling the hit, Fed's Beige Book shows
Companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report.
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New York Factory Activity Surged In October, Jobs & Orders Jump
Amid the desert of macro data due to the shutdown, traders are reaching for anything to get a sense
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Fed's Powell suggests tightening program could end soon, opens door to rate cuts
Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond holdings.
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Fed's Powell suggests tightening program could end soon, opens door to rate cuts
Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond holdings.
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Fed's Powell suggests tightening program could end soon, offers no guidance on rates
Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond holdings.
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French PM backs freezing Macron\s pension reform to save government
The changes, which raised the retirement age from 62 to 64, were seen as signature reforms in Emmanuel Macrons presidency.
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Bank of America says investors are ignoring one major stock market risk
Bank of America says U.S. market volatility looks deceptively calm, but a fragile setup could snap.
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For Many, This Recession Will Feel Like A Depression
The conventional means to drag the economy out of recession have all reached their limits and will n
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100% Tariff Incoming: Trump Announces November Hike on China
The U.S. will impose an additional 100% tariff on Chinese imports starting Nov. 1, 2025—potentially earlier—alongside new export controls on “critical software,” escalating tensions after Beijing’s rare-earth curbs, new port fees, a Qualcomm probe, and a halt to U.S. soybean purchases. Stocks fell on the news. Key context: some U.S.-China tariffs remain paused until Nov. 10, a Supreme Court case could reshape Trump’s tariff authority, new U.S. duties on cabinets (Oct. 1) and wood products (Oct. 14) are in force, and a pause on Mexico tariffs is set to end next month.
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Trucking Industry Advised To Audit All Drivers To Limit CDL Liability
Trucking and logistics companies should be taking immediate steps to mitigate increased exposure to
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Evonik CEO Kullmann Calls For End Of CO₂ Cult: Wake-Up Call For Europe's Economy
For a long time, the German economy remained silent on the dogmatic climate goals and the politicall
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Germany's Industrial Collapse: No Turnaround In Sight
For years, anyone predicting the collapse of German industry was labeled a doomsayer. The production
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Starmer meets Modi on his first visit to India
The two leaders met in Indias financial capital Mumbai to discuss ways to strengthen trade and business ties.
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