Economy

An economist warns that the widening deficit is a symptom of a deeper economic problem—U.S. overreliance on consumption and imported goods.

‘Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin,’ Tyler Winklevoss said.

Total trade in goods and services between the UK and United States is estimated at £294.1 billion.

Private employers added 77,000 jobs last month, the slowest pace since July 2024, while wage growth held steady, according to a national report.

The December quarter ended with trade deficit of $12.5 billion, but positive retail spending data could push that figure even higher.

The retailer said it will recapture its ‘Tar-zhay’ chic by investing billions of dollars in new stores and products. But tariffs might create a headwind.

Breakfast, in particular, got more expensive as butter, cheese, eggs, bread, and cereals all saw price hikes.

Beijing also added 15 U.S. companies to its export control list, a move that it said was intended to ‘safeguard national security and interests.’

Expected refinery closures and rising consumption are poised to drive U.S. fuel prices higher in 2026.

Cost increases from the Budget and concerns over a potential trade war hit manufacturers.

A plethora of market forces, from federal subsidies to input prices, impact the cost of organic food.

Home Depot, Lowe’s, and TJX reported fourth-quarter and year-end results, citing concerns over weakening consumer spending despite some bright spots.

Overall 2024 GDP growth was at 2.8 percent, a lower growth rate compared with 2023.

The current macroeconomic climate and changing consumer preferences have forced many C-store chains to reevaluate product offerings, according to an expert.

Costco is opening new warehouses in several markets, despite store closures and bankruptcies among other major retailers.

Four banks have confirmed disruption for customers on Friday morning.

A European Commission spokesperson said the creation of the ‘world’s largest free market’ has been a boon for the United States.

Even though the products come from the same animal, the U.S. chicken meat industry is much better equipped to handle the bird flu challenge.