A Market Set to Explode
By 2030, US energy storage is projected at $465 billion. That's nearly 75% growth. One small US stock is racing ahead of the curve with government programs and rising institutional backing.
IMF chief warns of economic uncertainty and offers this advice: 'Buckle up'
WASHINGTON (AP) — The global economy is holding up better than expected such as , but the head of the says that resilience may not last.
Canada's last hockey stick factory survives in face of tariff threats and globalization
BRANTFORD, Ontario (AP) — Wearing protective gloves and earplugs, a worker feeds lengths of wood into a machine that makes an earsplitting whine as it automatically cuts a groove into the end of each piece.
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Federal shutdowns usually don't do much economic damage. There are reasons to worry about this one
WASHINGTON (AP) — Shutdowns of the federal government usually don't leave much economic damage. But the one that started Wednesday looks riskier, not least because President Donald Trump is threatening to use the standoff to permanently eliminate thousands of government jobs and the state of the economy is already precarious.
Asian shares are mixed as markets shrug off a likely US government shutdown
Shares were mixed in Asia on Wednesday, with Chinese markets closed for a weeklong holiday, as a loomed.
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US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth
WASHINGTON (AP) — The U.S. economy expanded at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its of second-quarter growth.
Trump's workforce purge batters DC's job market and leads to rise in homes for sale, report finds
WASHINGTON (AP) — The Department of Government Efficiency's has and put more households in the metropolitan area in financial distress, according to a report released Wednesday.
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Unemployment, inflation and GDP growth will be worse this year than projected, budget office says
WASHINGTON (AP) — President Donald Trump’s , immigration crackdowns and are expected to increase jobless rates and inflation and lower overall growth this year before they improve next year, according to a from the nonpartisan Congressional Budget Office.
Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain
MANILA, Philippines (AP) — Asian shares rose on Friday, tracking Wall Street's record-setting run the previous after a mixed set of U.S. data bolstered expectations that the Federal Reserve will cut interest rates to boost the economy.
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Japan's economy grew at faster rate in fiscal Q1 than initially thought on healthy consumer spending
TOKYO (AP) — Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated, despite worries about U.S. tariffs and domestic political uncertainty, according to government data released Monday.
Applications for US jobless benefits rise but remain in a healthy range
WASHINGTON (AP) — The number of Americans seeking jobless benefits rose modestly last week, suggesting that employers are still retaining workers even as the economy .
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Nigeria bans exports of raw shea nuts used for cosmetic products to help grow local economy
LAGOS, Nigeria (AP) — Nigeria's government has banned the export of raw shea nuts, an essential raw material in many cosmetic products, in a bid to grow the country into a global supplier of refined shea butter and other skincare ingredients.
August consumer confidence dips in US with jobs, tariffs and high prices driving most unease
WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a grew for the eighth straight month.
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German economy shrank by 0.3% in second quarter in worse showing than initially thought
BERLIN (AP) — The German economy shrank by 0.3% in the second quarter compared with the previous three-month period, official data showed Friday, a significantly worse showing than was initially reported as tensions with the U.S. over tariffs simmered.
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
WASHINGTON (AP) — Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank for a fifth straight meeting and said the job market was “solid.”
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Asian shares mostly gain after uptick in inflation pulls US stocks lower
MANILA, Philippines (AP) — Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said last month at the U.S. wholesale level than economists had expected.
Puerto Rico cashes in on Bad Bunny as thousands flock to the island for his concerts
VEGA BAJA, Puerto Rico (AP) — Tourists slipped into borrowed red polyester vests from the Puerto Rico supermarket where once worked, grinning as they posed for photographs in the superstar’s old uniform.
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Whitmer told Trump in private that Michigan auto jobs depend on a tariff change of course
WASHINGTON (AP) — Michigan Gov. met privately in the Oval Office with to make a case he did not want to hear: the automotive industry he said he wants to save were being hurt by
Trump's broad tariffs go into effect, just as economic pain is surfacing
WASHINGTON (AP) — President Donald Trump was set to officially begin on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has for the U.S. economy.
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Trump injects new dose of uncertainty in tariffs as he pushes start date back to Aug. 7
WASHINGTON (AP) — For weeks, President Donald Trump was promising the world economy would change on Friday with his . It was an ironclad deadline, administration officials assured the public.
US economy rebounds a surprisingly strong 3% in the second quarter
WASHINGTON (AP) — The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from .
A Market Set to Explode - Ad
By 2030, US energy storage is projected at $465 billion. That's nearly 75% growth. One small US stock is racing ahead of the curve with government programs and rising institutional backing.
Federal Reserve likely to air divisions as it keeps rates unchanged
WASHINGTON (AP) — Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest rate steady, a sign of division at the Fed that reflects the economy's muddy outlook and possibly the jockeying to replace Chair Jerome Powell when his term ends in May 2026.
IMF upgrades outlook for global economy, citing less-than-expected damage from Trump's trade wars
WASHINGTON (AP) — The International Monetary Fund is upgrading the economic outlook for the United States and the world this year and next because President Donald Trump’s protectionist trade policies have so far proven less damaging than expected.
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US-China trade talks: Can China reduce its export dependence?
BEIJING (AP) — China’s high will likely be a key focus of of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to rebalance its economy.
Trump to visit Federal Reserve headquarters as feud with its chair continues
WASHINGTON (AP) — President Donald Trump is visiting the Federal Reserve headquarters in Washington Thursday, a week after indicating that Fed chair Jerome Powell's on two Fed buildings could be grounds for firing.
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As the going gets tough in South Sudan, some artisans offer cheap footwear made from rubber tires
WAU, South Sudan (AP) — From Rwanda to Kenya, fashioning footwear from discarded tires has long been a mark of local ingenuity.
Retirees, here’s how to tweak the 4% rule to protect your nest egg
New retirees might enter a different environment than their predecessors—the economy or market might have changed slightly or dramatically.
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