Category: Economy, Finance and Market News

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U.S. Debt Limit Looms: Yellen Warns of Mid-January Deadline for Treasury Measures

U.S. Debt Limit Looms: Yellen Warns of Mid-January Deadline for Treasury Measures

Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January. | Jacque [...]
Elon Musk and Vivek Ramaswamy Push for Spending Cuts, Says Chip Roy

Elon Musk and Vivek Ramaswamy Push for Spending Cuts, Says Chip Roy

Congressional spending cuts are expected to take center stage, with Elon Musk and Vivek Ramaswamy playing influential roles in identifying waste. The [...]
Starbucks strike to expand to over 300 US stores on Christmas Eve, union says

Starbucks strike to expand to over 300 US stores on Christmas Eve, union says

Workers picket in front of a Starbucks in the Brooklyn borough in New York, U.S. December 23, 2024. REUTERS/Eduardo Munoz Starbucks Strike Exp [...]
Stephen Miran Nominated to Lead Trump’s Council of Economic Advisers

Stephen Miran Nominated to Lead Trump’s Council of Economic Advisers

President-elect Donald Trump has nominated Stephen Miran to chair the Council of Economic Advisers, signaling a potential shift in U.S. economic poli [...]
Hardline Republicans reject Trump’s debt ceiling demand, focused on deficit worry

Hardline Republicans reject Trump’s debt ceiling demand, focused on deficit worry

U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. REUTERS/Brian Snyder/File Photo [...]
US government shutdown could cost travel sector $1 billion per week, disrupt holiday travel

US government shutdown could cost travel sector $1 billion per week, disrupt holiday travel

A passenger walks along terminal 2 at the San Francisco International Airport in San Francisco, California , U.S., September 3, 2022. REUTERS/Car [...]
Biden’s LNG Report Challenges Trump’s Energy Plans

Biden’s LNG Report Challenges Trump’s Energy Plans

The Biden administration’s recent report on U.S. natural gas exports raises critical economic and environmental concerns. It highlights the potential [...]
Trump bump? Fed officials prepare projections into new presidential term

Trump bump? Fed officials prepare projections into new presidential term

The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo Federal Reserve Policy Outlook: [...]
Can Economic Growth Solve U.S. Debt Crisis? Experts Weigh In

Can Economic Growth Solve U.S. Debt Crisis? Experts Weigh In

Amazon founder Jeff Bezos told economic power brokers at the DealBook Summit this month that the only way to solve the problem is to expand the econo [...]
Americans are sour on tariffs if they spark inflation, Reuters/Ipsos poll finds

Americans are sour on tariffs if they spark inflation, Reuters/Ipsos poll finds

Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, U.S., April 4, 2018. REUTERS/Bob Riha Jr./ [...]
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