China is the world’s top exporter, accounting for 14.6% of global merchandise exports in 2024, the highest overall. The United States is in second place among the top 10 exporting …
Latest in Economy
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Economy
Massive Cyber-Attack Triggers Heathrow Delays, Spreads Across Europe
by Lissa Oxmemby Lissa OxmemA major cyber-attack targeting airline IT systems led to severe disruption at London’s Heathrow Airport on Saturday, causing widespread delays and cancellations. The impact quickly spread to other European hubs, …
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Economy
China Escalates Explosive Probes Into US Semiconductors Before Key Trade Talks
by Lissa Oxmemby Lissa OxmemUS semiconductor tensions deepened as China’s Ministry of Commerce launched an anti-dumping investigation into certain analog integrated circuit (IC) chips imported from the U.S., raising tensions just days before crucial …
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Economy
American Eagle Stock Skyrockets 25% After Sydney Sweeney’s Powerful Ad Sparks Sales Boom
by Lissa Oxmemby Lissa OxmemAmerican Eagle Outfitters has seen a dramatic surge in its stock price, climbing more than 25% after its recent ad campaign featuring Emmy-nominated actress Sydney Sweeney ignited consumer excitement and …
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Economy
China Factory Slump Persists for 5th Month, But Asia Markets Show Resilient Hope
by Lissa Oxmemby Lissa OxmemChina Factory manufacturing sector continued to struggle in August, contracting for the fifth consecutive month, according to official data released by Beijing. The persistent slowdown underscores the mounting challenges facing …
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Economy
Spirit Airlines Hit Hard Second time in a year Bankruptcy in Months Raises Alarms
by Lissa Oxmemby Lissa OxmemAs its turnaround efforts since emerging from a previous Chapter 11 reorganization in March were thwarted by diminishing cash reserves and growing losses, the U.S. no-frills pioneer Spirit Airlines filed …
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Economy
USA Q2 GDP Rises to 3.3% as AI boost Business Investment and Growth
by Lissa Oxmemby Lissa OxmemThe U.S. economy grew faster than previously estimated in the USA Q2 second quarter of 2025, with gross domestic product (GDP) rising at an annual rate of 3.3%. The upward …
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Economy
Bank of Korea Holds Rates Steady, Signals Resilient Growth Amid Tariff Storm
by Lissa Oxmemby Lissa OxmemOn Aug. 28 Korea, the Bank of Korea kept its standard interest rate unchanged for a second straight review, citing concerns over housing market risks and household debt while also …
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Economy
Record-breaking Dow Jones surges 846 points on Powell’s powerful rate cut signal
by Lissa Oxmemby Lissa OxmemFollowing Federal Reserve Chair Jerome Powell indication that an interest rate cut may be imminent, the Dow Jones Industrial Average broke all previous records on Monday, rising 846 points. One …
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In 2025, South Dakota (1.8%) recorded the lowest unemployment rate among the US states, while Washington, D.C., recorded the highest unemployment rate (5.9%). However, the national unemployment rate is 4.1%. …