Donald Trump's approval rating has dropped significantly, with only 37% of Americans approving of his performance as president. This is a steep decline from earlier in his second term when his approval was at 47%. The latest survey, conducted by CNN/SSRS, shows that 63% of Americans disapprove of his performance, which is just one percentage point higher than his low...
A big change in how packages are taxed might make online shopping more expensive. Until recently, items worth less than $800 could enter the country without extra fees. But that rule ended in August, and it could mean higher prices for shoppers. This change could hit consumers harder than they think. Before, many online purchases slipped under the radar when it came...
The U. S. government is taking steps that might not be in the best interest of the country. They are putting tariffs on imports from other countries. This is supposed to help reduce the trade deficit. But at the same time, they are making it harder for international students to come to the U. S. This is a problem because these students bring in a lot of money. They c...
The U. S. government shutdown is taking a heavy toll on the economy. The Congressional Budget Office (CBO) has revealed that the shutdown is costing the country around $7 billion each month. This loss won't be recovered even after the government resumes operations. The CBO shared these findings in a letter to the House Budget Committee. They looked at different scen...
Qatar is making a significant shift in its investment strategy. The country's finance minister, Ali Ahmed Al-Kuwari, recently shared plans to focus heavily on technology and artificial intelligence (AI) for future investments in the United States. This move is part of a broader goal to diversify Qatar's economy and reduce reliance on oil and gas revenues. Speaking a...
The world is moving towards digital money. China and Europe are already making big moves with their digital currencies. Yet, some in the U. S. are resisting the idea of a digital dollar. This hesitation could cost Americans a lot of money and privacy. Right now, private companies handle most digital payments. They collect and sell your data. A government-backed digi...
Europe is falling behind, and someone needs to say it. That someone was Jamie Dimon, the head of JPMorgan Chase. He didn't sugarcoat things when he spoke at an event in Ireland. He said Europe is losing ground to the U. S. and Asia. This isn't news to many, but it's a stark reminder. Europe used to be closer to the U. S. in economic terms, but that gap is widening. ...
The U. S. dollar has taken a significant hit this year, dropping more than 10% in value. This is the worst decline since 1973, when President Nixon ended the gold standard. The dollar's fall is surprising because the U. S. economy is still strong. Some investors are worried that this drop could mean a long-term change for the U. S. economy. One reason for the dollar...
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 and the pound stronger. Trump has been very vocal about his displeas...
Last quarter, the U. S. economy took a hit, shrinking by 0. 3%. This dip in the gross domestic product was a surprise to many. People are feeling uncertain about the future, and this uncertainty is affecting their spending habits. They are being more careful with their money, especially when it comes to non-essential spending like dining out. This cautious behavior c...