Trump Tariffs Could Hit Pockets Of Consumers, Retailers Urge Customers To Shore Up Purchases: Experts Warn A Stronger Dollar Might Still Not Make Up For Deficit Amid growing economic concerns, analysts are sounding alarms over the potential repercussions of tariffs proposed by the incoming Trump administration. These tariffs, aimed at addressing trade ... 11/28/2024 - 9:45 pm | View Link
What the Trump Tax Cuts Mean for the Deficit and Your Bond Portfolio The deficit is likely to rise a lot more, and inflation could prove stubborn, leading to higher interest rates. How investors can protect themselves. 11/28/2024 - 9:01 pm | View Link
Turkish trade deficit narrows 30.1% in January-October period Türkiye's trade gap narrowed by approximately 30% in the first 10 months of the year when compared to the same period a year earlier, official ... 11/27/2024 - 7:14 pm | View Link
Saudi 2025 budget foresees $27 billion fiscal deficit as gigaproject spending continues Saudi Arabia approved its state budget on Tuesday for 2025 forecasting a fiscal deficit of 101 billion riyals ($26.88 billion), as its finance minister said the kingdom will continue to spend on ... 11/26/2024 - 5:08 am | View Link
Australian Budget Blow Out Seen as Structural Deficit Hits Australia’s budget deficit is likely to swell beyond forecasts, in a reversal of previous years when massive revenue upgrades ended up returning the books to the black, according to Deloitte Access ... 11/24/2024 - 10:30 pm | View Link
More than 30 years of US trade with China, in one chart US President Donald Trump has complained about China’s trade practices for some time – even before he took office at the start of 2017. He says the US trade deficit with China - around $420 billion last year, as the chart above shows - is damaging US manufacturing prowess and jobs. 11/30/2024 - 12:09 am | View Website
Eurozone inflation, Asian factory activity and other economics news to ... This weekly round-up brings you the latest news from the world of economics and finance. Top economy stories: There is a mixed picture for factory activity in Asia; Eurozone inflation slows; US trade deficit widens. 11/28/2024 - 8:07 pm | View Website
What is a country's current account balance? Is account deficit bad ... It is largely made up of trade, but also depends on flows of foreign direct investment and the amount of money sent home by people living overseas. In US dollar terms, the country with the biggest current account surplus in 2021 was China, and the country with the biggest current account deficit was the United States. 11/28/2024 - 6:19 pm | View Website
Chinese consumer prices fall and other economy stories to read this ... The country's trade deficit declined 18.7% last year, the largest narrowing since 2009, reaching $773.4 billion. Trade added more than half a percentage point to the economic growth last year, according to data from the Commerce Department. 11/28/2024 - 2:37 pm | View Website
New report details global trade challenges Imports in the same month rose 7.7% year on year to $61.91 billion - pushing the trade deficit to $23.78 billion. Economists had expected a deficit of $19.5 billion, according to a Reuters poll. While unveiling the figures, trade secretary Sunil Barthwal underlined that inflation has eased in developed economies, potentially resulting in ... 11/28/2024 - 12:21 pm | View Website
Trump is pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.
President-elect Donald Trump is underscoring his intention to block the purchase of U. S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.
The food production company said that the cuts were part of a long-term strategy ‘to strengthen Cargill’s impact,’ which includes realigning resources.
Agribusiness giant Cargill is laying off thousands of its employees.
Apple is coming aboard as a customer to use them.
Amazon.com’s cloud unit on Tuesday showed new data center servers packed with its own AI chips that will challenge Nvidia, with Apple coming aboard as a customer to use them.
The Job Openings and Labor Turnover Survey from the Labor Department also showed employers hesitant to hire more workers.
U. S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to slow in an orderly fashion.
The first thing on the chopping block for Elon Musk and Vivek Ramaswamy’s DOGE might be changing the clocks.
Elon Musk and Vivek Ramaswamy have announced plenty of controversial proposals for their Department of Government Efficiency (DOGE), but there are some that are managing to gather bipartisan support. Case in point?
The man who critically injured a bartender while shooting into a Greeley bar after hours Saturday morning fired 59 rounds into the building less than an hour after he had been kicked out of the bar for fighting, according to arrest records.
Police arrested 32-year-old Jimmy Cazares on suspicion of a slew of felony charges on Saturday after he fled to a relative’s house following the shooting.
Just before 2:30 a.m.