As the US-China trade war escalates, China aims to boost domestic consumption to counteract the impact of high tariffs. But with sluggish recovery and high unemployment, can this strategy succeed?
A U.S. appeals court has ruled that 18 federal agencies can fire thousands of probationary workers reinstated after a previous court decision. This ruling could lead to a significant rise in unemployment claims amidst ongoing legal battles.
In a controversial decision, the Supreme Court has blocked the reinstatement of 16,000 federal workers previously fired by the Trump administration. This ruling complicates ongoing litigation and raises questions about federal employment practices.
The White House is considering a dramatic 20% tariff on most imports, potentially plunging the U.S. into recession. Will Trump's aggressive trade strategy save American jobs or harm the economy?
Goldman Sachs forecasts three interest rate cuts this year, citing increased recession risks and tariff uncertainties linked to Trump's upcoming announcement. The firm predicts a 35% chance of recession within a year.
The Federal Reserve keeps the federal funds rate steady while navigating a complex economic landscape. With solid growth and elevated inflation, how will this impact your finances?
In a stunning legal reversal, the Trump administration must rehire nearly 25,000 federal workers after judges deemed their terminations illegal. This move could reshape the federal workforce and impact unemployment claims.
In a surprising turn, the Trump administration has admitted to firing nearly 25,000 workers, with a judge ruling these actions likely illegal. Agencies scramble to reinstate employees amid ongoing legal challenges.
China's economy shows signs of recovery with retail sales up 4.0% and industrial production growing 5.9% in early 2023. However, challenges like high unemployment and deflation loom large.
As Trump's trade wars escalate, fears of a recession loom over the US economy. With tariffs impacting consumer confidence and stock markets, many are left questioning the stability of their financial future.
