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Economy
US budget deficits to widen, national debt to surge to 156% of GDP, CBO finds
The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that…
Breakfast food prices continue to soar
Soaring grocery prices have wreaked havoc on Americans' budgets in recent years, and while inflation…
BlackRock announces purchase of Panama Canal ports
BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President…
Trudeau tells Trump ‘we will not back down’ from trade war, calls tariffs ‘very dumb’
Canadian Prime Minister Justin Trudeau slammed the Trump administration’s new 25% tariffs Tuesday, calling the…
Mexico’s president says ‘nobody wins’ with Trump tariffs, vows retaliation
Mexican President Claudia Sheinbaum said "nobody wins" with the Trump administration’s new 25% tariffs on…
Trudeau says Canada will issue 25% tariffs on US goods following Trump’s tariffs
Canadian Prime Minister Justin Trudeau announced 25% tariffs on American goods in response to President…
Billionaire hedge fund manager warns of ‘economic heart attack’ for US economy
Bridgewater Associates founder Ray Dalio said on a recent podcast that the U.S. could be…
Trump says tariffs on ‘external’ agricultural products to begin April 2
President Donald Trump said on Monday that tariffs will go on "external" agricultural products in…
Chipotle could pass on costs if tariffs become ‘significant headwind’
Chipotle CEO Scott Boatwright said that the company will absorb President Donald Trump's planned tariffs…
Kroger ousts CEO after investigation
Kroger Co. CEO Rodney McMullen has resigned from his post following an investigation into his…
Volkswagen to recall more than 60,000 electric cars over display issue
Volkswagen is recalling more than 60,000 U.S. cars in response to a failure to display…
Fed’s favored inflation gauge showed prices grew as expected in January
The Federal Reserve's preferred inflation gauge showed prices rose as expected in January at a…
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