US consumer sentiment improved in February 2026, offering a welcome sign of resilience in the world’s largest economy after a shaky start to the year. Newly released survey data showed …
Latest in Economy
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Economy
UPS to Cut 30,000 Jobs as Company Pushes Major Restructuring Plan
by Lissa Oxmemby Lissa OxmemUnited Parcel Service (UPS) announced on January 28, 2026, during its latest earnings update, plans to cut up to 30,000 jobs as part of a broad restructuring effort aimed at …
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Among the world’s top 10 billionaires in 2026, Elon Musk is in first place with $714 billion, followed by Larry Page, Jeff Bezos, Larry Ellison, Sergey Brin, Mark Zuckerberg, Bernard …
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Economy
Trump Second Term How Tough Tariffs and a Bold Crime Crackdown
by Lissa Oxmemby Lissa OxmemDonald Trump is closing in on the first year of his Trump Second Term, and he is already framing it as a comeback story built on two pillars he says …
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Economy
World’s Top 10 Highest-Valued Currencies in 2025: Where Does the US Dollar Stand?
by Akash Biswasby Akash BiswasThe Kuwaiti Dinar has maintained its position as the world’s highest-valued currency in 2025, with an exchange rate of approximately 1 KWD = 3.27 USD. The main reasons for the …
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Economy
Trump’s Bold Strategy Forces Stellantis to Shift Auto Jobs to America
by Lissa Oxmemby Lissa OxmemIn a stunning turn of events that underscores the shifting landscape of North American trade, Stellantis the parent company of Chrysler, Jeep, Dodge, and Ram has announced plans to move …
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Economy
US Treasury Chief Warns: Government Shutdown Is Now Hitting the Economy
by Akash Biswasby Akash BiswasThe US federal government shutdown that began a few days ago is starting to affect the country’s economy, US Treasury Secretary Scott Bessent said on Monday (October 13) as the …
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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 …
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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 …