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ECONOMY
US Budget Deficit Reaches Record $1.147 Trillion Amid Increased Spending

The US budget deficit reached a record $1.147 trillion for the first five months of fiscal 2025, fueled by increased spending and factors such as tariffs.

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ECONOMY
U.S. Inflation Shows Signs of Easing, Yet Trump's Trade War Sparks Price Concerns

Inflation eased to 2.8% in February, but concerns loom as Trump's tariffs threaten to raise prices in the coming months, affecting everyday consumers.

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ECONOMY
Inflation Eases Slightly in February, Yet Tariffs Cast a Shadow on Economic Outlook

February's inflation report shows slight easing in prices, but ongoing tariffs raise concerns about future economic stability.

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ECONOMY
EU Strikes Back Against U.S. Tariffs with Extensive Countermeasures

The European Union retaliates against U.S. tariffs with new duties on American products, deepening trade tensions amid strained transatlantic relations.

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ECONOMY
US Stock Markets Plummet Amid Recession Fears Linked to Trump's Trade Policies

US stock markets have seen sharp declines, driven by recession fears amidst ongoing uncertainties in trade policies under President Trump.

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ECONOMY
US Stock Market Experiences Tumultuous Sell-off as Tariff Fears Heighten Economic Concerns

US stock markets face a tumultuous sell-off, driven by fears surrounding President Trump's tariffs and growing recession concerns, impacting major indices and technology stocks.

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ECONOMY
EU Responds with €26 Billion Counter Tariffs Following Trump's Steel and Aluminum Measures

The EU imposes €26 billion in counter tariffs on US goods, matching recent US steel and aluminum tariffs, escalating global trade tensions.

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ECONOMY
Australia Rejects Retaliation Against U.S. Tariffs Amidst Economic Concerns

Australian PM labels U.S. tariffs on steel and aluminum as unjustified but opts against retaliation, citing economic self-harm.

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ECONOMY
USDA Eliminates $1 Billion in Funding for Schools and Food Banks, Impacting Local Food Programs

USDA cuts over $1 billion in funding for local food initiatives, affecting schools and food banks across the nation.

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ECONOMY
Southwest Airlines to Charge for Checked Bags, Ending Long-Standing Free Policy

Southwest Airlines announces the end of its free checked baggage policy starting May 28, responding to economic pressures and investor demands.

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