Top economic adviser Gary Cohn is leaving the White House after breaking with President Donald Trump on trade policy, the latest in a string of high-level departures from the West …
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Economy news. Economy refers to the system of production, distribution, and consumption of goods and services within a society. It encompasses everything from individual spending and business operations to government policies and international trade. The economy is influenced by numerous factors, including supply and demand, inflation, employment rates, and fiscal policies
Plan to Open Drilling Off Pacific Northwest Draws Opposition
The Trump administration’s proposal to expand offshore drilling off the Pacific Northwest coast is drawing vocal opposition in a region where multimillion-dollar fossil fuel projects have been blocked in recent …
your ads here!US Trade Representative Says Progress Slow at NAFTA Talks
If Mexico, the U.S. and Canada don’t renegotiate the North American Free Trade Agreement in two months, Washington might put the talks on the back burner until after a new …
your ads here!WTO Chief Urges States to Stop First Dominoes of Trade War
The head of the World Trade Organization told member states on Monday they must prevent “the fall of the first dominoes” in a trade war and warned of a real …
your ads here!Angola’s Isabel dos Santos Denies Allegations of Graft at Oil Firm
Isabel dos Santos, the former head of Angola’s state-owned Sonangol oil company, is denying her successor’s allegations that she engaged in questionable business dealings related to the firm. In a …
your ads here!Judge, Police Help Oust Trump Hotels from Panama Property
Workers pried President Donald Trump’s name from signs outside his family company’s luxury hotel in Panama on Monday, as Trump’s executives were ousted from their management offices in a business …
your ads here!Trump: Planned Steel, Aluminum Tariffs Will Go Away if New NAFTA Deal
U.S. President Donald Trump tweeted Monday that his planned steep tariffs on steel and aluminum imports would only be reversed if a “new and fair” trade deal with Canada and …
your ads here!China Sets Ambitious Growth Target, Promises Steel Cuts
China’s top economic official set a robust growth target Monday and promised more market opening and cuts in a bloated steel industry that has inflamed trade tensions with Washington and …
your ads here!Washington Braces for Possible Trump-Induced Trade War
Washington is bracing for the start of a possible trade war between the United States and its closest allies and biggest commercial partners and a radical departure from America’s trading …
your ads here!China Doesn’t Want Trade War, but Says It Will Respond if Necessary
China has added its voice to a growing chorus of concern about the rising threat of a trade war and tariffs that U.S. President Donald Trump is expected to impose …
your ads here!EU Aims to Tax Internet Giants at ‘Two to Six Percent’: France
The EU will soon unveil a plan for taxing major internet companies like Amazon and Facebook by imposing a levy of two to six percent on revenues in every country …
your ads here!Trump Threatens to Tax European-built Cars as Trade War Rhetoric Builds
President Donald Trump threatened on Saturday to impose a tax on European cars if the European Union chooses to retaliate against his plans to place tariffs on imported steel and …
your ads here!Hoping to Raise Real Cash, Marshall Islands Creates Virtual Money
The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the economy. The Pacific island nation said it …
your ads here!AP Fact Check: Is a Trade War ‘Easy to Win?’
In agitating for a trade war, President Donald Trump may have forgotten William Tecumseh Sherman’s adage that “war is hell.” The Civil War general’s observation can be apt for trade …
your ads here!China Joins Chorus, Warns of ‘Huge Impact’ of Trump’s Tariff Plan
China has warned about the “huge impact” on global trading, if U.S. President Donald Trump proceeds with his plans to impose 25 percent tariffs on imported steel and 10 percent …
your ads here!‘Naked Politics’ of Punishing Delta Could Haunt Georgia
Georgia lawmakers’ decision to punish Delta Air Lines for publicly distancing itself from the National Rifle Association was an extraordinary act of political revenge. By killing a proposed tax break …
your ads here!Canada, Europe, WTO React Negatively to Trump’s Threats on Steel, Aluminum Imports
“Absolutely unacceptable” were the words Canadian Prime Minister Justin Trudeau used to describe U.S. President Donald Trump’s statement that he plans to impose 25 percent tariffs on imported steel and …
your ads here!Questions Surround Trump’s First Border Wall Contract
A tiny Nebraska startup awarded the first border wall construction project under President Donald Trump is the offshoot of a construction firm that was sued repeatedly for failing to pay …
your ads here!Trump’s Proposed Tariffs Spark Fears of Trade War, Price Hikes
U.S. President Donald Trump’s threat to impose steep tariffs on steel and aluminum imports sparked concerns of a trade war Friday, with emerging markets trading lower and some world leaders …
your ads here!Australia Takes Mining Giant to Court
Australia’s corporate watchdog is taking mining giant Rio Tinto and two former executives to court over the global miner’s “misleading and deceptive conduct” in reporting the coal reserves of a …
your ads here!Refugee Women Get a Taste of Entrepreneurship
When refugees arrive in a new country, they bring little to no material possessions. But many bring something more valuable: their talent and skills. Twenty refugee women and asylum-seekers from …
your ads here!US Markets Fall on Steel, Aluminum Tariffs Announcement
Stocks are turning sharply lower in afternoon trading as talk of steep tariffs on steel and aluminum spook investors. The Dow Jones industrial average dropped as much as 500 points …
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