economic impact

5 months ago

Companies Signal Price Hikes if Trump’s Tariff Plans Go Into Effect – Concerns Over Inflation and Consumer Costs

With President-elect Donald Trump’s proposed tariff plans looming, corporate America is beginning to sound alarms over potential price hikes. The president-elect’s campaign included proposals for sweeping tariffs, including a 60% levy on

Europe-Responds-to-Trump's-Return-Amid-Economic-Concerns

Politics·World

5 months ago

Europe Responds to Trump’s Return Amid Economic Concerns

European leaders offered swift congratulations to Donald Trump after his unexpected victory over Kamala Harris in the 2024 U.S. presidential election. However, beneath the formalities lies a palpable anxiety over potential economic

East-Coast-Dockworkers-Strike-Halts-Operations-at-North-Carolina-Ports

Business

6 months ago

East Coast Dockworkers Strike Halts Operations at North Carolina Ports

Shipping container operations at the Port of Wilmington, North Carolina, have come to a complete halt as tens of thousands of dockworkers across the East Coast go on strike. The labor action,

Vietnam Faces Economic Hit from Trump’s Tariffs

Vietnam Struggles with Impact of U.S. Tariffs on Trade Vietnam, a successful example of embracing external trade, is now facing significant economic challenges due to U.S. President Donald Trump’s aggressive tariffs. The

15 hours ago

Economy

Dollar General Reports Mixed Q4 Results, Plans Store Closures

Dollar General (DG) on Thursday posted fiscal fourth-quarter revenue that slightly exceeded Wall Street estimates, though profit took a hit due to a store portfolio review. Store Closures and Strategic Shift As

4 weeks ago

Business

Spirit Airlines Exits Bankruptcy, Eyes New Growth

Discount carrier Spirit Airlines (SAVEQ) has emerged from bankruptcy protection, finalizing a debt restructuring plan aimed at restoring profitability and strengthening its position in the competitive airline industry. Restructuring for a Stronger

4 weeks ago

Business

Trump Expands Tariffs to Strengthen U.S. Industry

U.S. Commerce Secretary Howard Lutnick reaffirmed that President Donald Trump’s expanded 25% tariffs on steel and aluminum will remain in place until domestic production is significantly strengthened. Additionally, Trump is set to

4 weeks ago

Economy

Trump Doubles Canada Tariffs, Markets React

U.S. President Donald Trump announced on Tuesday that he will double tariffs on imported steel and aluminum from Canada to 50%, escalating an already tense trade standoff. The move, effective Wednesday, also

4 weeks ago

Economy

Apple to Invest $500 Billion in U.S., Build New Texas Factory

Apple announced on Monday its plan to invest over $500 billion in the United States over the next four years, including hiring 20,000 people and building a new server factory in Texas.

1 month ago

Business

US Jobless Claims Rise Amid Federal Layoff Concerns

The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained on solid ground in February. No Immediate Impact from Federal Layoffs There

2 months ago

Economy

Bank of Canada Warns U.S. Tariffs Could Permanently Hit GDP

BoC Flags Trade War Risks as it Cuts Rates Again The Bank of Canada (BoC) warned that a prolonged trade dispute with the United States could lead to a permanent reduction in

2 months ago

Economy

economic impact

Companies Signal Price Hikes if Trump’s Tariff Plans Go Into Effect – Concerns Over Inflation and Consumer Costs

Europe Responds to Trump’s Return Amid Economic Concerns

East Coast Dockworkers Strike Halts Operations at North Carolina Ports

Vietnam Faces Economic Hit from Trump’s Tariffs

Dollar General Reports Mixed Q4 Results, Plans Store Closures

Spirit Airlines Exits Bankruptcy, Eyes New Growth

Trump Expands Tariffs to Strengthen U.S. Industry

Trump Doubles Canada Tariffs, Markets React

Apple to Invest $500 Billion in U.S., Build New Texas Factory

US Jobless Claims Rise Amid Federal Layoff Concerns

Bank of Canada Warns U.S. Tariffs Could Permanently Hit GDP

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Vietnam Faces Economic Hit from Trump’s Tariffs