News
Oil and gold prices rise amid heightening US-Iran tensions
1+ hour, 42+ min ago (283+ words) Oil and gold are seeing an uptick in prices amid possible war between the U.S. and Iran. Oil prices jumped Thursday to their highest level in nearly seven months and investors snapped up safe havens like gold, as tensions between the…...
US trade deficit in 2025 ended similar to 2024 despite Trump tariffs
4+ day, 46+ min ago (513+ words) The U.S. trade deficit widened sharply in December 2025, underscoring the volatility that has defined America's trade picture amid shifting tariff policies and global supply chain realignments. While some months saw narrower deficits, the gap widened again in the final quarter. The…...
IMF Data: India, China drive global growth; Where is US
2+ week, 6+ day ago (266+ words) Data from the International Monetary Fund shared data recently that showed China and India as the largest contributors to global real GDP growth in 2026. China and India have been placed at the top of the global real GDP growth chart…...
Trump tariffs linked to sharp rise in US trade deficit
3+ week, 3+ day ago (409+ words) President Donald Trump's tariffs don't seem to be helping the US deficit. The US deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President'Trump's tariffs worked their…...
Consumer spending outpaced AI in driving US growth in 2025
3+ week, 6+ day ago (154+ words) Contrary to widely held perceptions that artificial intelligence (AI) was the dominant engine of U.S. economic growth in 2025, new analysis shows that traditional consumer spending remained the most significant contributor to gross domestic product expansion last year. Economists and market watchers…...
Fixing the national broken model of 100 free economies
4+ week, 6+ hour ago (1018+ words) Naseem Javed, a Canadian born in a printing publishing family of small merchants, settled over two centuries surrounding the Red Fort in Chandni Chowk, Delhi, India. Educated and raised in Karachi, Pakistan, and arrived in Canada fifty years ago. He…...
Amazon CEO says tariffs are starting to show up in prices as inventory buffers fade
1+ mon, 2+ day ago (377+ words) Amazon appears to be feeling the squeeze from U.S. President Donald Trump's tariffs. Reportedly, like many retailers, Amazon and its vast network of third-party sellers stocked up on inventory ahead of Trump's tariff rollout last spring, but those buffers were gone…...
Americans bore the cost of Trump’s tariffs, German study finds
1+ mon, 3+ day ago (452+ words) US President Donald Trump has been touting the so-called revenue being brought in by his tariffs while staunchly denying the obvious gap in his logic, that his tariffs are being paid for by Americans, but a new study seems to…...
Has Trump’s promise of more jobs fallen short so far?
1+ mon, 1+ week ago (500+ words) 2025 should have been a good year for manufacturing employment, and that didn't happen. I think you really have to indict tariffs for that," said economist Michael Hicks, director of the Center for Business and Economic Research at Ball State University…...
China posts nearly $1.2 trillion 2025 trade surplus as exporters pivot beyond U.S.
1+ mon, 1+ week ago (212+ words) China's economy remains extraordinarily competitive," said Fred Neumann, chief Asia economist at HSBC. While this reflects gains in productivity and the rising technological sophistication of Chinese manufacturers, it is also due to weak domestic demand and attendant excess capacity." READ:…...