News
Trump wants to cap credit card interest rates at 10%. Would that work?
2+ hour, 24+ min ago (1160+ words) Capping borrowing costs in the US has bipartisan support, but experts warn of unintended consequences. United States President Donald Trump has announced plans to cap credit card interest rates at 10 percent for one year, effective January 20, the date of his…...
Trump inherited a “different and difficult” economy
3+ week, 5+ day ago (61+ words) Ethan Baker on the rising cost of living in the US and what he sees as President Trump's efforts to bring prices down. Trump inherited a "different and difficult" economy Ethan Baker, mayor of Troy, Michigan, talks about the rising…...
British Empire: Rule the Waves
3+ week, 5+ day ago (77+ words) How Britain fused naval dominance with corporate reach to build a global empire of trade and control. How Britain fused naval dominance with corporate reach to build a global empire of trade and control. A masterclass in maritime power and…...
How have India’s exports jumped 20 percent, despite Trump’s trade war?
3+ week, 6+ day ago (1302+ words) Despite a 50 percent tariff, India's exports to the US grew by more than one-fifth in November, as New Delhi looks to diversify its export markets. India's exports increased by nearly 20 percent in November year-on-year, the country's fastest growth in three…...
US unemployment hits highest level since 2021 as labour market cools
3+ week, 6+ day ago (488+ words) The US economy gains jobs in healthcare and construction as other sectors stagnate, shrink. The United States economy lost 41,000 jobs in October and November, and the unemployment rate has ticked up to its highest level since 2021 as the labour market…...
The Real Numbers Behind Trump’s Economy
4+ week, 1+ day ago (63+ words) The US president says the economy and investment is booming, but data and living costs tell a different story. The Real Numbers Behind Trump's Economy US President Donald Trump is promoting his nation's economic record, insisting prices are falling and…...
US Federal Reserve cuts interest rates in final decision of the year
1+ mon, 2+ day ago (659+ words) The central bank cut rates for the third time in 2025 as limited government data clouds economic outlook. By Andy Hirschfeld and Reuters The United States Federal Reserve has cut interest rates by a quarter of a percentage point, marking the…...
Where in the world are wealth and income most unequal?
1+ mon, 3+ day ago (893+ words) The richest 10 percent of the world's population owns three-quarters of all personal wealth. By Marium Ali and Fatima Shafiq The richest 10 percent of the world's population now owns three-quarters of all personal wealth, according to the newly released World Inequality…...
How did China’s trade surplus hit $1 trillion?
1+ mon, 3+ day ago (1150+ words) Donald Trump's trade tariffs have failed to hold back China's export dominance, which scaled new heights in November. China's trade surplus " the difference between the value of goods it imports and exports " has hit $1 trillion for the first time, a…...
China’s trade surplus tops $1 trillion for first time
1+ mon, 5+ day ago (484+ words) Chinese exports climb as exporters reroute shipments to other markets amid slump in shipments to the US. China's annual trade surplus in goods has topped $1 trillion for the first time, with plunging exports to the United States amid a tariff…...