The dollar saw a brief boost in the market after the U. S. decided to hold off on tariffs for certain electronics. This move was part of a larger strategy to ease tensions in the tech industry. However, the relief was short-lived. The president's comments about the tech exemption dampened the dollar's rise. The greenback climbed about 1% against the Swiss franc at th...
The sudden spike in tariffs on Chinese goods has left many US businesses in a tough spot. For years, companies like Learning Resources have relied on China for manufacturing. Rick Woldenberg, the CEO, had planned for a 40% tariff increase, thinking it was the worst that could happen. But then, the US government raised the tariffs to 54%, and later to 145%. This massi...
Wayne County is making big moves. The county executive, Warren Evans, recently shared his vision for the future. He highlighted some impressive achievements and laid out plans for even more progress. The focus is on making life better for everyone in the county. The county has been on a roll. For the past ten years, they've managed to balance their budgets. Thi...
The stock market has been on a rollercoaster ride. Two major banks have recently lowered their predictions for the S&P 500. This is a clear sign that market experts are feeling unsure about the future. This uncertainty comes right after a big announcement. The President raised tariffs on imported goods. This move has sent shockwaves through the market. The S&P 5...
A new delivery center is taking shape in south Kalispell. This project, known as Project Wolfpack in city records, is a last-mile facility. It is designed to be the final stop for products before they reach customers' hands. The building will cover about 28, 000 square feet. It is situated on United Drive, close to Fred’s Appliance. The estimated cost of the project ...
The USA has a new plan to lead the world in crypto. Former President Trump shared his vision at a recent summit. He wants the USA to be the top player in Bitcoin and other digital currencies. The plan involves big changes. Trump wants to end strict rules that have been holding back the crypto industry. He believes that with the right laws, everyone from big banks to...
China has rolled out a broad plan to encourage people to spend more money at home. This is a response to the economic pressure from U. S. tariffs. The plan, shared by the Xinhua news agency, covers many areas. It includes increasing people's pay, helping with childcare costs, and even offering cash for trading in old items like cars and electronics. The goal is ...
In the heart of Washington, D. C. , a young man with a background in football and law is making waves in the crypto world. Bo Hines, a 29-year-old former wide receiver, is now a key figure in President Donald Trump's crypto strategy. He is not a crypto expert by trade. He graduated from Wake Forest University with a law degree just three years ago. Before this, he ha...
The economy is a tricky beast. Sometimes, it grows fast, and jobs are plenty. Other times, it slows down, and prices go up. But what happens when both bad things occur at once? This is what people call "stagflation. " It is a mix of slow growth and high inflation. It is a nightmare for the Federal Reserve, the group that controls the nation's money. The Federal Rese...
The Bank of England has made a call to keep interest rates at 4. 5%. This decision was made despite the UK's economy facing a mix of global trade uncertainties and potential domestic slowdown. The central bank's Monetary Policy Committee voted 8 to 1 to maintain the current rate. One member suggested a slight reduction, but the majority chose to wait and see. The...