Trump has been sharing his plans to make things cheaper for regular Americans. He wants to lower mortgage rates and cap credit card interest rates. But not everyone thinks these ideas will work well. He suggested buying $200 billion in mortgage bonds to bring down mortgage rates. He also wants to l
U. S. factories are in a tough spot. For the sixth month in a row, manufacturing has shrunk. The main culprit? Tariffs. These import taxes are making it hard for factories to do their job. Some say things are worse now than during the Great Recession. The Institute for Supply Management (ISM) share
The trucking industry is not moving as fast as expected in 2025. Despite all the chaos in global trade, the prices for shipping goods by truck have not changed much. This is surprising because many thought the market would bounce back stronger after a tough time. Things were looking up at the end o
Russia's economy is in a tough spot. The country's economy minister has warned that it is close to a recession. This news came out at a big event in St. Petersburg. The event is meant to show off Russia's economic strength and attract foreign investors. The minister pointed out that while the number
The economic landscape in April 2025 was a mix of stability and uncertainty. Despite a significant announcement about tariffs, the job market showed resilience. The U. S. added 177, 000 jobs, which was a slowdown from the previous month's 228, 000 but still strong. The unemployment rate stayed stead
The world of cryptocurrency is facing a tough time. Bitcoin, the most famous digital currency, has been stuck in a holding pattern. Meanwhile, a big shot in the finance world, Ray Dalio, has some serious warnings about the global economy. He thinks the U. S. might be heading for something much worse
The head of a major finance company was taken aback by the recent tariff announcements from the U. S. president. He joined other finance leaders in expressing worry that these tariffs could lead to a significant economic downturn. He pointed out that the tariffs would affect more than just the stock
The US is teetering on the edge of a major economic downturn. It might even be worse than a simple recession. A seasoned investor with a knack for spotting trouble has sounded the alarm. Ray Dalio, who predicted the 2008 financial crisis, has warned about the instability caused by rec
The market was shaken up by Trump's back-and-forth on tariffs. By the time trading ended, stocks had regained some lost ground, but the damage was already done. Interest rates spiked, business activity slowed, and the specter of a recession loomed larger. The chance of a U. S. default crept up to 6%
Meghan Markle's new lifestyle brand, As Ever, hit the market with a bang. Products flew off the shelves in record time. The Duchess of Sussex seemed confident that her brand would thrive, even in tough economic times. Meghan pointed out that her products are made in the U. S. , so tariffs won't di
