Tag: Economy
US House passes bill targeting China that would limit EV tax...
A group of automakers says the bill makes fewer vehicles eligible for the tax credits.The United States House of Representatives has narrowly voted...
UN warns of ‘staggering’ economic devastation in Gaza, occupied West Bank
Israel’s war on Gaza has devastated the Palestinian enclave’s economy, reducing it to less than one-sixth of its 2022 size, while there has...
Interest payments on the national debt top $1 trillion as deficit...
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | ReutersThe...
Boeing faces strike threat as workers vote on new contract
A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024.Jennifer Buchanan | Afp |...
Wholesale prices rose 0.2% in August, in line with expectations
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets set to lower...
U.S. Latino economic output grows to $3.6 trillion, new report finds
Miami Beach, Florida, Cafe Sazon, Cuban flag with seniors at table. Jeff Greenberg | Universal Images Group | Getty ImagesThe U.S. Latino economy grew...
Investors scramble to shift positions after Trump-Harris debate
Investors are scrambling to shift their positioning following the closely-watched debate between US Republican Donald Trump and Democratic Vice President Kamala Harris, as...
Consumer prices rose 0.2% in August with core inflation higher than...
Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according to a Labor...
UK economy flatlines again in July, below expectations
Maremagnum | Corbis Documentary | Getty ImagesLONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published...