Economic News
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Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee
The Senate Banking Committee voted on party lines to approve Kevin Warsh as the next chair of the Federal Reserve, to replace Jerome Powell, a longtime target of President Donald Trump’s insults for not cutting borrowing costs as far as the president wanted
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Trump pursues new import taxes to replace the tariffs the Supreme Court rejected
When the Supreme Court killed his favorite tariffs in February, President Donald Trump rolled out temporary import taxes to replace them
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GM expects a $500 million tariff refund from Trump levies the Supreme Court struck down
General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Donald Trump’s most sweeping levies
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US consumer confidence inches higher in April despite Iran war, soaring gasoline prices
U.S. consumer confidence rose modestly in April despite growing anxiety over soaring energy prices brought on by the war in Iran
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Many elderly Cubans left to fend for themselves as the latest crisis deepens
Elderly residents in Old Havana gather for meals at the Church of the Holy Spirit, a crucial support amid Cuba’s economic crisis
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Construction of the stage for Shakira's concert in Brazil resumes after worker's death
Workers in Brazil have resumed the construction of the stage for the upcoming concert by Shakira this weekend on Rio de Janeiro’s famous Copacabana Beach
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India and New Zealand sign a free trade agreement to deepen economic ties
India and New Zealand have signed a free trade agreement to deepen economic ties and expand market access
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Taiwan court sentences ex-Tokyo Electron staff to 10 years in TSMC trade secrets case
A court in Taiwan has sentenced a former employee of Tokyo Electron to 10 years in prison for stealing trade secrets from TSMC
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Sickness, cold killed nearly 30 sloths at a Florida import warehouse in 2024 and 2025
Disease and cold temperatures killed nearly 30 sloths at a Florida import warehouse in 2024 and 2025, according to a state report
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Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes
President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office
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