U. S. companies, especially the bigger ones, are borrowing more money. This is the biggest increase in loan demand in about three years. However, banks are still being careful about who they lend to. The Federal Reserve's latest survey shows that while large and mid-sized firms are asking for more loans, small businesses are not doing the same. Banks are making it h...
The U. S. job market is feeling the heat from President Trump's trade policies. Hiring has taken a nosedive, adding only 73, 000 jobs last month, which is way below what experts expected. To make things worse, previous months' job numbers were revised down by a huge 258, 000. The unemployment rate has also gone up to 4. 2%, with more people giving up on finding work....
Nike is feeling the heat from U. S. trade policies. The sportswear giant warns that tariffs could add a cool $1 billion to its costs this year. To soften the blow, Nike plans to cut back on making its products in China. This shift is a big deal because China currently makes about 16% of Nike's shoes sold in the U. S. By the end of May 2026, that number will drop to a...
The President, Donald Trump, started his term with big promises. He said he would fix long-standing problems quickly. These included making peace in Ukraine and the Middle East, changing how the government works, and changing global trade rules. However, this week showed how far he is from achieving these goals. The President has been trying to get Russian President...
The U. S. economy faced a setback in the first quarter of 2025. The country's economic output shrank by 0. 3% when compared to the same period last year. This decline was the first since early 2022. Experts had anticipated a 0. 4% growth, following a 2. 4% increase in the last quarter of 2024. The slowdown was primarily due to a sudden surge in imports. Companies and...
A prominent figure in politics recently sat down for a chat about his first 100 days in office. This individual, known for his strong views, addressed concerns about the economy and trade policies. He was optimistic about the future, despite many people feeling anxious. During this conversation, he was asked about the potential difficulties ahead. He acknowledged th...
President Donald Trump's first 100 days of his second term have been marked by significant changes and controversies. One of the most notable events during this period was his visit to Michigan, a state that has felt the impact of his policies more than most. The state of Michigan has been particularly affected by Trump's trade policies, especially his tarif...
The world economy is facing a tough time. It is expected to grow at a slower pace this year. Inflation is also expected to be higher than what was predicted earlier. These predictions come from the International Monetary Fund. They show how the U. S. trade war is affecting the global economy. The U. S. has been imposing tariffs on many of its trading partners. T...
The European Central Bank made a move on Thursday. They decided to lower interest rates. This was not a surprise. The economy has been shaky. There are many reasons for this. One big reason is the trade mess caused by the United States. The United States has been playing with tariffs. They have made it harder for other countries to sell things to them. This includes...
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 than a simple recession. Dalio, who correctly predicted the 2008 fin...