The US is stepping up its game in the rare earth metals industry. It's investing heavily in the only operational rare earth mine in the country, located in Mountain Pass, California. This move is a big deal because rare earth metals are super important for modern tech like electric cars and wind turbines. China has been the boss in this industry for a long time, con...
Every year, a comprehensive study ranks all 50 U. S. states on their business friendliness. This year, the focus is on 10 key areas, with a total of 135 metrics. The economy takes the top spot in importance, reflecting what states highlight when trying to attract businesses. New this year, the study looks at risks from trade wars and federal budget cuts. It also dig...
Taiwan has recently taken a firm stance in the ongoing US-China trade war by joining the crackdown on Huawei. This move has not only put a strain on the already tense relationship between China and Taiwan but also highlighted the broader implications of the trade war on global technology. The decision by Taiwan to ban exports to Chinese companies like Huawei and SMI...
The upcoming G7 summit in the Canadian Rockies is set to be a tense affair. The world's top economic leaders will gather, but the atmosphere will be far from friendly. A major conflict in the Middle East and ongoing trade disputes are casting long shadows over the event. The recent escalation between Israel and Iran has caught many off guard. This isn't just...
In the early days of June, consumers started to feel a bit more optimistic about the economy. This shift happened as talks about the global trade war seemed to be moving forward. A survey by the University of Michigan showed that people were not as worried about the economy or sudden price increases as they were before. This survey is known for giving a good sense of...
On June 5th, a phone conversation between U. S. President Donald Trump and Chinese President Xi Jinping took place. This was the first direct talk between the two leaders since Trump's second term began and since tensions soared in the 2025 U. S. -China trade war. Trump quickly shared his thoughts on social media, calling the call a success for his administr...
The world's top two economies are back at the negotiating table. This time, it's in London. The US and China are trying to fix their trade problems. It is a big deal because these two countries are the biggest players in the global economy. The talks are happening in a UK government building. The Chinese team is led by a high-ranking official. The US side has som...
The European Union and Canada are not happy with a recent move by the United States. The U. S. has decided to double the tariffs on steel imports from 25% to 50%. This decision is causing a lot of uncertainty in the global economy. It also means higher costs for both consumers and businesses on both sides of the Atlantic. The U. S. made this announcement at a rally ...
A bridal shop owner in Virginia is navigating the challenges of trade wars. Christine Greenberg runs Urban Set Bride in Richmond. She has a clear perspective on the impact of tariffs on her business. Greenberg is frank about the difficulties she faces. She wants to support domestic manufacturing. However, she points out that the U. S. lacks the infrastructure to prod...
Tesla is facing a tough time in Europe. Sales dropped by nearly half in April compared to the same month last year. This isn't just a small dip. It's a significant plunge. While the overall electric car market in Europe is growing, Tesla is struggling to keep up. There are several reasons for this drop. One big factor is the backlash against Tesla's CEO, Elon Musk. ...