In a surprising move, the U. S. and Vietnam struck a trade deal just before the U. S. was set to reinstate full tariffs. The agreement cuts the duty on Vietnamese imports to the U. S. from 46% to 20%. Vietnam, in return, agreed to impose a 40% tariff on goods that come from other countries but are s
The July 4 holiday saw a lot of people flying, but airlines are still not sure what the rest of the year will bring. Many flights are cheaper now, but that doesn't mean things are going well for the airlines. Domestic flights this summer cost about $265 round-trip. That's a bit cheaper than last ye
Some big cities are not happy with new changes to health care laws. They think these changes will take away health insurance from nearly 2 million people. The new rules make it harder for people to sign up for insurance and add more checks to see if people qualify. The cities say the new rules brea
Investors in Asia had a tough time on Tuesday. They were trying to make sense of the big wins on Wall Street and the possible effects of U. S. President Donald Trump's tariff plans. The 90-day break on tariffs is about to end, and no one knows what will happen next. U. S. Treasury Secretary Scott B
People are buying more eco-friendly products. To show they are green, these items often have special labels or certificates. But do these labels really mean the products are sustainable? That's a big question. Right now, there are many different labels. Some are strict, others not so much. This mak
The British pound recently reached a near four-year high against the dollar. This happened because of some big news about the US Federal Reserve. The Wall Street Journal reported that President Trump might name a new head of the Federal Reserve sooner than expected. This news made the dollar weaker
Small businesses have faced tough times lately. High costs and strict rules have made it hard for them to grow. But now, there's a new bill that could change things. This bill, called the One Big Beautiful Bill, aims to help small businesses and workers. It includes tax cuts and fewer regulations. O
In China, electric vehicles (EVs) are not just a trendy choice but a practical one. Drivers like Lu Yunfeng and Sun Jingguo prefer EVs because they are cost-effective and eco-friendly. This shift is not just about individual choices but about a national strategy. China, once known for its bicycles,
The Federal Reserve recently decided to keep interest rates unchanged. This decision came despite predictions of rising inflation and slower economic growth. The central bank's move was widely expected, as markets did not anticipate any changes this week. The Federal Open Market Committee maintained
The world economy is in for a rough patch. The World Bank has warned that growth is set to slow down significantly. This is mainly due to the ongoing trade disputes sparked by the U. S. government. The situation is so tense that it might lead to the slowest economic growth since the 1960s. The W
