U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025.Jim Watson | Afp | Getty ImagesThe U.S. could substantially slash tariffs on Indian exports as the two countries near a trade deal that could...
Category: Economy
Rare earths make gains amid battle to beat China’s dominance
Shares of U.S.-listed companies related to the rare earth supply chain climbed on Monday as investors continued to weigh the impact of Chinese export restrictions on domestic producers. Rare earths are minerals that are essential to many aspects of modern life, particularly for the technology sector and the energy transition,...
Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says
A shopper walks past shelves of cooking oil for sale at a supermarket in Beijing on October 15, 2025. Pedro Pardo | Afp | Getty ImagesPresident Donald Trump's tariffs will cost global businesses upward of $1.2 trillion in 2025, with most of the cost being passed onto consumers, according to...
U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC, U.S.J. David Ake | Getty Images News | Getty ImagesThe U.S. budget deficit edged lower for 2025 as record-setting tariff collections...
Missing this pay date may be too much for Trump and Congress to prolong shutdown
Soldiers march during a military parade to commemorate the U.S. Army's 250th Birthday in Washington, D.C., U.S., June 14, 2025. Nathan Howard | ReutersAs the government shutdown drags on with little hope of a quick resolution, a situation involving the U.S. military could push the warring factions in Washington to...