Business & Economy

A U.S. federal court has ruled that former President Donald Trump’s “liberation day” tariffs exceed his authority under the International Emergency Economic Powers Act (IEEPA), invalidating the controversial tariffs imposed …

Moody’s Investors Service downgraded the U.S. sovereign credit rating on May 16, 2025, citing escalating concerns over the country’s long-term fiscal stability. The move reflects growing unease about persistent federal …

As escalating tariff tensions and ongoing macroeconomic instability continue to weigh heavily on global markets, several major corporations have been forced to scale back or withdraw their financial forecasts for …

In May 2025, U.S. business activity saw a notable increase as companies accelerated purchasing to get ahead of anticipated tariff hikes. According to analysts at S&P Global Market Intelligence, input …

On May 16, 2025, Moody’s Investors Service downgraded the United States’ long-term credit rating from Aaa to Aa1, marking the first time since 1917 that the nation has lost its …

Tesla’s Gigafactory in Austin, Texas, has become a cornerstone of the company’s expansion, significantly impacting both the local economy and the electric vehicle (EV) industry. Since its opening in late …

JPMorgan Chase CEO Jamie Dimon has raised alarms over the potential for stagflation in the U.S. economy, warning that the country could face a challenging economic landscape characterized by high …

  U.S. consumers are growing increasingly uneasy amid signs of a broader economic slowdown, according to Nestlé CEO Laurent Freixe. In his recent remarks, Freixe addressed how shifting market conditions, …

As environmental concerns continue to rise, U.S. technology firms are at the forefront of green innovation, introducing groundbreaking initiatives aimed at reducing their carbon footprints and advancing sustainability. Major players …

U.S. consumer confidence has made a significant comeback in May 2025, signaling renewed optimism about the country’s economic trajectory. According to the latest data from the Conference Board, the Consumer …