US Budget Deficit Approaches $2 Trillion as Government Spending Outpaces Revenue
WASHINGTON: The United States recorded a federal budget deficit of approximately $1.993 trillion in fiscal year 2026, highlighting growing concerns...
US Economy
US Debt Explained: Who Owns America’s $40 Trillion Debt and Why It Matters
WASHINGTON: The United States has crossed a historic financial milestone, with its federal debt now above $40 trillion. Explainer AI...
Economic Issues Take Center Stage in US Midterm Election Debate
Washington: Economic conditions are emerging as a major focus of political debate in the United States as the country moves...
Global Markets Await US Jobs Report for Fresh Signals on Interest Rates
New York: Investors across global financial markets are closely watching the latest U.S. employment data for clues about the strength...
US Borrowing Costs Rise as Treasury Yields Put Pressure on Financial Markets
New York: Borrowing costs in the United States are coming under renewed pressure as government bond yields rise, creating a...
Global Bond Sell-Off Pushes US Treasury Yield to Highest Level Since 2002
New York, October 2, 2026: Global financial markets are facing renewed pressure after a sharp sell-off in government bonds pushed...
Asian Stock Markets Slide as Investors Await Key US Jobs Data
Singapore, October 2, 2026: Asian stock markets came under pressure on Friday as investors reacted to sharp movements in global...
US-China Tariff Changes Cover a Wide Range of Products as Trade Tensions Evolve
Washington/Beijing: Trade conditions between the United States and China are undergoing another shift as changes to tariff arrangements affect a...
🇺🇸🇨🇳 US and China Extend Trade Truce to January 2027, Plan New Tariff Talks
September The United States and China have agreed to extend their existing trade truce until January 10, 2027, giving both...
AI Boom Adds Pressure to Corporate Borrowing Costs
New York, September 28, 2026: The rapid expansion of artificial-intelligence infrastructure is creating a growing financing challenge for technology companies...
🇺🇸🇨🇳 US and China Agree on $30 Billion Tariff-Cut Framework
Washington/Beijing, September 28, 2026: The United States and China have agreed on a framework to reduce tariffs on approximately $30...
🇨🇳 China and US Extend Trade Truce Until January 2027
Beijing, September 28, 2026: China and the United States have agreed to extend their existing trade truce until January 10,...
Dollar Heads Toward Another Weekly Gain as Treasury Yields Rise
NEW YORK: The U.S. dollar is heading toward another weekly advance as rising Treasury yields and changing expectations for the...
Global Bond Sell-Off Pushes U.S. Long-Term Yields Higher
NEW YORK: A broad sell-off in global government bonds has pushed long-term U.S. Treasury yields sharply higher, increasing borrowing-cost concerns...
Trump-Xi Summit: Why Trade, AI, Taiwan and Iran Matter to Global Geopolitics
U.S. President Donald Trump and Chinese President Xi Jinping are meeting in Washington amid an effort to stabilize relations between...
US-China Trade Relations Remain in Focus as Leaders Discuss Economic Issues
Trade and economic relations between the United States and China remain a major focus for international businesses and investors as...
US Dollar Holds Near Two-Month High as Markets Reassess Interest Rate Outlook
The U.S. dollar has remained close to a two-month high as financial markets reassess the outlook for inflation, economic growth...
US Treasury Yield Climbs Above 5% as Global Borrowing Costs Rise
Financial markets are facing renewed pressure after the yield on the benchmark 10-year U.S. Treasury note moved above the 5%...
Global Diesel Shortage Could Persist Into 2027 as Inventories Fall
The global diesel market is facing a prolonged supply squeeze, with industry data and storage trends indicating that tight conditions...
Wall Street Surges as AI Stocks Rally and Oil Prices Ease
September 22, 2026 U.S. stock markets delivered a strong performance on Monday, with technology shares leading a broad rally as...
Fed Rate Hike Expectations Rise as Persistent Inflation Keeps Markets on Edge
September 22, 2026 Global financial markets are adjusting to the possibility of another U.S. interest-rate increase as persistent inflation and...
US and China Step Up Trade and AI Talks Ahead of Trump-Xi Summit
September 22, 2026 The United States and China have intensified discussions on trade, investment and artificial intelligence ahead of a...
Global Markets Rise as AI Rally and Lower Oil Prices Lift Investor Sentiment
September 22, 2026 Global financial markets opened on a stronger note on Tuesday as technology stocks gained momentum, oil prices...
Trump-Xi Summit Puts Global Trade, AI and Supply Chains Under the Spotlight
The upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping is emerging as one of the most...
Federal Reserve Raises Interest Rates as U.S. Monetary Policy Enters a New Phase
Washington, September 17, 2026: The U.S. Federal Reserve has raised its benchmark interest rate by 0.25 percentage point, moving the...
Trump Dividend Proposal Puts $5,000 Payment Promise at Center of U.S. Economic Debate
The White House has highlighted a new proposal from President Donald Trump that would potentially provide a $5,000 cash dividend...
US Debt Surpasses $40 Trillion as Rising Borrowing Costs Put Fiscal Outlook Under Pressure
WASHINGTON — The United States is confronting a growing fiscal challenge as its national debt has moved beyond $40 trillion,...
Brazil Challenges Additional US Tariffs at WTO, Opening New Trade Dispute
Geneva, Brazil has formally challenged additional duties imposed by the United States on products originating from Brazil, bringing the tariff...
OECD Economy Expands 0.5% in Second Quarter as Global Growth Shows Mixed Signals
GLOBAL DATA AI Generated Image Paris, Economic activity across the Organisation for Economic Co-operation and Development (OECD) area strengthened slightly...
Scott Bessent Faces Major G20 Test as Trade Disputes, Iran Sanctions and US Debt Dominate Agenda
Asheville, North Carolina, U.S. Treasury Secretary Scott Bessent is preparing for a difficult round of economic diplomacy as finance ministers...
Fed Chair Kevin Warsh Warns Inflation May Require More Rate Action as September Hike Bets Rise
Jackson Hole, Wyoming, August 28, 2026: Financial markets are reassessing the outlook for U.S. interest rates after Federal Reserve Chair...
Europe’s Globalisation Model Faces a New Test as Trade Becomes More Fragmented
Brussels: Europe’s economic model is facing a major test as rising geopolitical tensions, tariffs, supply-chain risks and tougher competition reshape...
Canada Suspends US Trade Talks as Mark Carney Announces Dollar-for-Dollar Tariff Response
President Donald Trump looks on as Canadian Prime Minister Mark Carney signs the guest book in the Roosevelt Room before...
Canada Rejects U.S. Trade Offer as Mark Carney Announces Dollar-for-Dollar Tariff Response
Ottawa, August 23, 2026: Canada has suspended its trade negotiations with the United States after failing to reach an agreement,...
Trump Announces 90-Day Beef Import Plan to Push Down U.S. Ground Beef Prices
President Trump makes remarks at the U.S. Embassy Buenos Aires meet and greet??More:?? President Donald Trump conducts a meet and...
U.S. Economy, Mining Strategy and Policy Battles Take Center Stage as Trump Administration Faces New Challenges
Washington, D.C. — A series of economic, national security, technology, privacy and political developments are shaping the latest policy agenda...
Global Markets Await U.S. Jobs Report as Investors Watch Interest Rates, Gold, and Economic Outlook
Global financial markets are trading cautiously as investors await the release of the latest U.S. nonfarm payrolls (jobs) report, one...
US Auto Manufacturing Takes Centre Stage as President Trump Highlights Domestic Investment
The future of American automobile manufacturing remains at the forefront of the nation's economic agenda as President Donald Trump prepares...
G7 Consumer Confidence Falls Near Record Low in June 2026: What It Means for the Global Economy
By HIT AND HOT NEWS | Global Economy | Analysis Consumer confidence across the Group of Seven (G7) economies has...
US Stock Market Today: Dow Slides as Alphabet Rises on AI Chip Report, Domino’s Beats Revenue Expectations
Wall Street delivered a mixed performance as investors balanced corporate earnings, artificial intelligence developments, and expectations for a crucial week...
