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Category Archives: Economy

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Cracker Barrel revives old logo after backlash stoked by Trump

Posted on August 26, 2025 by Admin
US restaurant chain abandons rebrand after new logo prompts firestorm of criticism online.
Posted in Economy

Trump orders removal of Fed governor Cook over mortgage fraud claims

Posted on August 25, 2025 by Admin
Trump says Lisa Cook sacked 'effective immediately' in unprecedented move that raises concerns for Fed's independence.
Posted in Economy

Trump has bought more than $100m in bonds in office, disclosure shows

Posted on August 21, 2025 by Admin
Trump's investments include Meta, Wells Fargo, Morgan Stanley, Citigroup, and T-Mobile, according to filing.
Posted in Economy

Women with AI ‘boyfriends’ mourn lost love after ‘cold’ ChatGPT upgrade

Posted on August 14, 2025 by Admin
OpenAI's release of GPT-5 prompts backlash in online communities for people with AI companions.
Posted in Economy

Japan’s Nikkei 225 hits all-time high after US inflation remains steady

Posted on August 13, 2025 by Admin
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve.
Posted in Economy

South Korean crypto mogul Do Kwon pleads guilty to fraud

Posted on August 13, 2025 by Admin
Cryptocurrency entrepreneur faces up to 25 years in prison over the $40bn collapse of the TerraUSD and Luna tokens.
Posted in Economy

Nvidia, AMD to pay 15% of China chip sales to US government, reports say

Posted on August 11, 2025 by Admin
Trade experts express concern about reported deal linking exports controls to monetary payments.
Posted in Economy

Banana republic? Trump puts credibility of US economic data on the line

Posted on August 4, 2025 by Admin
Trump's firing of the head of the Bureau of Labor Statistics raises fears for the integrity of official statistics.
Posted in Economy

Fact check: Did US go from ice cream trade surplus to deficit under Biden?

Posted on July 25, 2025 by Admin
Trump administration says increased imports from Italy under former President Joe Biden changed the ice cream game.
Posted in Economy

As Trump’s tariff deadline looms, economists see calm before the storm

Posted on July 21, 2025 by Admin
Trump's tariffs have had a limited impact on the global economy so far, but analysts fear the worst is yet to come.
Posted in Economy

In South Korea, Trump’s tariff threats place US love affair under strain

Posted on July 21, 2025 by Admin
South Koreans' perceptions of the US have taken a dive amid Trump's 'America First' foreign policy and trade agenda.
Posted in Economy

Trump slaps 17 percent tariff on tomatoes from Mexico

Posted on July 14, 2025 by Admin
US Commerce Secretary Howard Lutnick says US farmers have been 'crushed' by unfair trade practices.
Posted in Economy

Europe’s stock markets drop amid Trump’s tariff threats against EU, Mexico

Posted on July 14, 2025 by Admin
Major indices suffer heavy losses as EU ministers prepare to discuss response to US president's latest trade salvo.
Posted in Economy

US Fed leaves interest rates unchanged amid economic uncertainty

Posted on June 18, 2025 by Admin
The US central bank held rates steady despite backlash from President Donald Trump.
Posted in Economy

Nippon Steel acquires US Steel for $14.9bn after months of struggle

Posted on June 18, 2025 by Admin
The deal also allows US President Donald Trump to appoint a board member.
Posted in Economy

Trump Organization announces smartphone targeting conservative consumers

Posted on June 16, 2025 by Admin
Phone and service plan are the latest offerings from Trump-related brands since US President Donald Trump took office.
Posted in Economy

Purdue Pharma $7.4bn opioid settlement wins broad support from US states

Posted on June 16, 2025 by Admin
The suit, brought by 55 attorneys general, will help compensate victims and fund addiction treatment programmes.
Posted in Economy

Fashion brands accused of shortcuts on climate pledges overlooking workers

Posted on June 11, 2025 by Admin
A new report accuses fashion giants of not considering the welfare of workers affected by climate change.
Posted in Economy

World Bank slashes global economic outlook as trade tensions continue

Posted on June 10, 2025 by Admin
The bank warned that without a swift course correction, the harm to living standards could be 'deep'.
Posted in Economy

US DoT says Biden fuel economy rules exceeded legal authority

Posted on June 6, 2025 by Admin
The mandate that the DoT challenged was a key part of former President Joe Biden’s plan to address climate change.
Posted in Economy

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