WASHINGTON — Former President Donald Trump has reignited trade tensions with China, announcing on Monday that additional tariffs on Chinese goods will take effect on February 1. The move, which could impact $200 billion worth of imports, underscores Trump’s hardline stance on trade and intellectual property issues in his second[Read More…]

WASHINGTON — Core inflation in the U.S. slowed to 3.2% in December, marking a significant step in the Federal Reserve’s efforts to tame rising prices. The figure, which fell below economists’ expectations, signals that the central bank’s aggressive interest rate hikes throughout 2024 are starting to yield results. The slowdown[Read More…]

WASHINGTON — President Joe Biden’s administration is boasting impressive economic growth and record-breaking job creation, yet public approval remains stubbornly low. According to recent reports, the U.S. economy has experienced robust GDP expansion and near-record low unemployment rates, but Americans continue to feel dissatisfied due to lingering affordability concerns and[Read More…]

In an era dominated by social media influencers promoting endless products, a new trend is emerging: “deinfluencing.” The Better Business Bureau (BBB) is advising consumers to embrace this movement to achieve their 2025 financial goals. Deinfluencing encourages individuals to critically assess their spending habits, especially those influenced by online personalities.[Read More…]

In a recent LBC Radio interview, Conservative leader Kemi Badenoch suggested that her party is considering increased means-testing for government support, sparking a debate over the future of the UK’s “triple lock” pension policy. The “triple lock” ensures that state pensions rise annually by the highest of inflation, average earnings,[Read More…]

In a world where financial stability remains elusive for many, a recent article by *The Motley Fool* has sparked hope for those planning for retirement. By making four key financial moves in 2025, experts believe it’s possible to accumulate $1 million or more by 2050. The advice centers around maximizing[Read More…]

In a bid to tackle mounting debt, a TikTok creator has sparked a conversation about financial discipline through a simple yet powerful concept: the “no-buy” list. In 2025, as inflation and economic challenges continue to impact household budgets, the strategy has gained traction for its effectiveness. The creator, Rachel Smith,[Read More…]

In a bid to quell widespread discontent and growing protests, French Prime Minister Élisabeth Borne announced on Monday that the government will renegotiate its controversial pension reforms. The announcement comes nearly a year after the initial reform, which raised the retirement age to 64, sparked nationwide strikes and fierce public[Read More…]

Globalization has significantly influenced economic development worldwide, bringing both opportunities and challenges. By integrating economies through trade, investment, and technology transfer, globalization has contributed to economic growth, improved productivity, and job creation in many regions. However, it has also led to increased competition, income disparities, and environmental concerns in certain[Read More…]

For decades, economists shaped public policy and swayed governments worldwide. But as the political tide shifts and public trust wanes, their once-unassailable influence seems to have faded. Now, the profession is grappling with a critical question: How can economists regain relevance in a world that increasingly questions their authority? The[Read More…]