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ECONOMY
Trump Proposes 10% Credit Card Interest Rate Cap Amid Industry Opposition

Trump's proposal for a 10% cap on credit card interest rates aims to alleviate financial burdens on consumers but faces strong industry pushback.

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ECONOMY
EU Moves Closer to Finalizing Historic Mercosur Trade Agreement

The EU agrees to a landmark trade deal with Mercosur, potentially transforming economic ties and trade tariffs after decades of negotiations.

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ECONOMY
Trade Deal Stalemate: Miscommunication Between Modi and Trump Highlights Deeper Issues

Recent comments about the stalled India-US trade deal suggest deeper policy disagreements beyond a missed phone call between Modi and Trump.

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ECONOMY
US Job Growth Slows to 50,000 in December; Unemployment Rate Dips to 4.4%

US job growth slowed in December to 50,000 jobs with the unemployment rate dipping to 4.4%, indicating ongoing economic challenges.

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ECONOMY
China's Consumer Prices Rise at Fastest Pace Since 2023 Amid Persistent Deflationary Pressures

China's consumer prices surged in December, reaching a near three-year high, despite ongoing deflationary challenges in its economy.

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ECONOMY
Trump directs federal government to purchase $200 billion in mortgage bonds to lower rates

Trump's proposal aims to buy $200 billion in mortgage bonds to lower housing costs as part of a response to increasing affordability concerns.

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ECONOMY
US to Commence Venezuelan Oil Imports Amid Efforts to Stabilize Production

The US is set to import Venezuelan oil while navigating economic challenges and production limitations.

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ECONOMY
Trump Proposes Ban on Institutional Investors from Purchasing Single-Family Homes

Trump aims to ban institutional investors from buying single-family homes to make housing more affordable in the U.S.

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ECONOMY
Western Allies Commit to Military Presence in Ukraine Amid Ongoing Security Talks

Western allies, including the US, France, and the UK, outline military commitments to Ukraine contingent on a ceasefire agreement with Russia.

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ECONOMY
US Supreme Court to Rule on Trump's Tariffs Friday, Legal Concerns Mount

The US Supreme Court is expected to rule on the legality of Trump's tariffs, which has raised significant concerns about economic impacts.

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