U.S. consumer giants are finding China a challenging market as slowing consumer spending and strong local competition impact sales. Tech…
In a move to bolster the United States' semiconductor capacity, the CHIPS Act has earmarked approximately $52 billion in funding…
China appears to be rerouting its exports to the United States via Mexico, sidestepping the hefty tariffs established by the…
California, long hailed as a pioneer in renewable energy, has recently made a significant policy shift that dampens the momentum…
Kentucky's renowned bourbon industry is under threat of a substantial 50% tariff on exports to the European Union. This looming…
The global trade ecosystem is witnessing a seismic shift, with 'Made in India' labels becoming increasingly prominent on American shelves,…
The International Monetary Fund (IMF) has updated its economic forecasts for the year with the U.S. growth projection raised by…
The inflation rate in the United States receded in May to its lowest annual rate in over two years, as…
China's economy is recovering from a slowdown caused by the COVID-19 pandemic, and this is good news for U.S. companies…
The US federal debt has skyrocketed to a jaw-dropping $31.4 trillion, dangerously close to the legal borrowing limit known as…
A recent survey by the Department of Labor's Wage and Hour Division revealed that some Southern California garment workers are…
Utah has just passed some sweeping legislation aimed at protecting children and teens from the negative effects of social media.…
President Biden is expected to announce a plan this week to increase tax for those earning over $400,000 a year.…
In an attempt to lower the price of oil the US is leading an international effort of other major economies…
A new drug to treat Alzheimer's has just been approved in the US but there is one big catch… it…
The US state of Ohio has recently announced an innovative scheme to encourage more people to take the Covid-19 vaccine.…
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According to the latest UN figures, the Chinese economy attracted $163 billion in foreign direct investment last year. This 4%…
After months of intense negotiations, the American government looks finally set to inject billions of dollars into the US economy.…
In the last few months, American consumers have been going mad for online shopping, with the result being a buoyant…
According to data released by the US Labour Department, new unemployment claims for the week ending August 15th stood at…
Governments need to keep track of their spending just like we all do. If they spend more than they earn,…
The aviation industry has been one of the hardest hit by Covid-19. With countries closing borders and people ordered to…
The latest in a long list of ‘historic lows’ since Covid-19 wiped out the global economy is the total collapse…
The housing market in the US has had a strong rebound since the financial crisis of 2008. After house prices…
The stats are now out on the performance of the American economy for quarter one of 2020, and it’s not…
Since the US economy was essentially shutdown four weeks ago, the economic fallout has been tremendous and devastating. With businesses…
For a student of economics, one of the first concepts we learn about is the different types of goods. That…
Since the outbreak of Covid-19 in January this year, governments and central banks around the world have been spending trillions…
In response to the economic fallout from the spread of Covid-19 in the US, the Senate has passed a bill…
Since the deadly outbreak of Covid-19, there have been cases all over the world of panic-stricken consumers rushing to supermarkets…
For the second time in a week, the Bank of England has cut interest rates in an attempt to rescue…
As the spread of the coronavirus continues to wreak havoc, stock markets around the world have continued their freefall. The…
Lobster, a seafood delicacy which is usually only eaten on special occasions, has seen its price slashed by over 50%.…
The price of wine is dropping fast in the US as a result of changing patterns in consumer behaviour. Where…
Defence spending across the world increased significantly in 2019 according to a report by the Institute of Strategic Studies (ISS).…
After a dismal 0.2% decline in productivity in the third quarter of 2019, American workers bounced back through October to…
Reports from inside the Whitehouse have suggested that the Trump administration is set to announce huge increases in spending on…
Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed…
China and the US have finally come to an agreement on steps to bring an end to the devastating trade war which…
The official unemployment rate in the US has fallen to 3.5%, an unprecedented low which has not been seen since…