Trump new global tariffs – US President Donald Trump has announced that his new global tariffs will be raised to 15%, following a Supreme Court ruling that struck down his previous import taxes. This development marks a significant moment in international trade, affecting US businesses, consumers, and global trading partners such as the UK, EU,…
The US budget deficit forecast 2026 has captured widespread attention as the Congressional Budget Office (CBO) reports that the federal deficit is expected to reach approximately $1.853 trillion in fiscal year 2026. This projection reflects growing concerns among economists, policymakers, and investors over long-term fiscal health, the sustainability of government spending, and the trajectory of…
The US critical minerals stockpile is set to become a central pillar of American economic and national security strategy, as President Donald Trump prepares to launch a $12 billion programme aimed at reducing dependence on China for essential raw materials. The move reflects growing concerns over global supply chain vulnerabilities, geopolitical tensions, and the strategic…
US Ends Penny Production — In a historic decision marking the end of an era, the United States Mint has officially ceased the production of one-cent coins, bringing to a close more than 230 years of penny-making tradition. The final batch of pennies was struck on Thursday at the Philadelphia Mint, symbolizing both nostalgia and…
US interest rate cut — the phrase dominating economic headlines this week as the Federal Reserve announced yet another reduction in borrowing costs despite admitting to “flying blind” due to a government shutdown that has halted key data releases. In a move reflecting mounting concern over a slowing labor market, the Fed lowered its benchmark…
