Unilever delays the spin-off of its Magnum ice cream business due to the U.S. government shutdown, highlighting its widespread disruption to corporate activity and the economy.
Browsing: Economy
The U.S. market boom of 2024–2025 has magnified wealth inequality, as record stock and crypto gains overwhelmingly enrich the already affluent while leaving most Americans behind.
Trump’s new $100,000 H-1B visa fee has sparked confusion, halted applications, and raised fears of a de facto ban on high-skilled immigration to the U.S.
A federal judge has temporarily blocked the Trump administration’s plan to lay off thousands of federal workers amid a prolonged government shutdown over budget and healthcare disputes.
Nestlé’s new CEO Philipp Navratil announces a global restructuring with 16,000 job cuts, targeting 3 billion Swiss francs in savings to restore growth and investor confidence.
Data flows from the U.S. help countries like Japan and others assess trade performance and currency trends
As U.S. consumers grow wary of the economy ahead of the holiday season, spending cuts—especially among Gen Z and millennials—signal fading financial resilience.
Goldman Sachs economists warn that America’s “jobless growth” era—driven by AI-powered productivity gains and aging demographics—signals a new normal of slower hiring despite robust GDP expansion.
The U.S. federal government shutdown enters its 13th day, disrupting the economy, furloughing workers, and intensifying political deadlock as Treasury Secretary Scott Bessent warns of growing economic strain.
China launches an antitrust probe into Qualcomm as U.S.–China trade tensions escalate over tariffs, tech regulation, and control of critical materials and semiconductor markets.
When every instinct tells you to quit, remember — success comes to those who outlast the shock and adapt through discomfort, not those who escape it.
Gold’s record surge past $4,000 reflects global economic uncertainty, inflation fears, and geopolitical tensions, signaling a deeper shift in investor behavior and confidence in traditional assets.
Economist Mark Zandi warns the U.S. economy is on the brink of recession, with 22 states already struggling amid job losses, slowing growth, and policy-driven strain.
Tariffs imposed under the Trump administration have fueled inflation, driving up prices across essential goods like seafood, pasta, footwear, electronics, and automobiles, straining American consumers.
Silicon Valley’s new wave of defense tech “neoprimes” like Anduril and Shield AI are transforming U.S. national security with AI-driven, dual-use innovations and agile operations.
The U.S. faces a partial government shutdown as political deadlock over healthcare and spending forces federal furloughs, economic uncertainty, and threats of mass layoffs.
The ongoing crisis in USA Cricket highlights challenges in governance, financial management, and organizational stability as the body files for Chapter 11 bankruptcy amid ICC suspension.
A new poll by Florida Gov. Ron DeSantis reignites debate over the H-1B visa program, highlighting tensions between protecting U.S. jobs and sustaining global tech competitiveness.
The U.S. government shutdown enters its third day as partisan gridlock deepens, freezing $1.7 trillion in federal spending and leaving hundreds of thousands of workers unpaid.
The U.S. government shutdown halts key services, delays immigration processes like H-1B visas, impacts federal workers, and threatens economic growth amid political gridlock.
A recent showcase organized by the Indian American Artists Association sparks dialogue on how Indian-origin art in America can evolve beyond community showcases to become a recognized asset class within the nation’s $1.2 trillion creative economy.
Accenture CEO Julie Sweet downplays the $100K H-1B visa fee, framing it as minimal impact while the firm realigns its workforce toward AI-driven growth and efficiency.
Starbucks CEO Brian Niccol launches a $1 billion restructuring plan with store closures, staff cuts, and reinvestments in coffeehouse designs to revitalize the struggling chain.
The U.S. is pushing bold tariffs, tax incentives, and production mandates to curb reliance on foreign semiconductors and restore domestic manufacturing leadership amid rising global tensions.
U.S. Treasury Secretary Scott Bessent announced a $20 billion swap line and standby credit support for Argentina, boosting markets ahead of the nation’s elections.