In a significant legal development, the US government has refunded approximately $100 billion in tariffs that were collected under former President Donald Trump's trade policies, termed "Liberation Day" measures. This action follows a Supreme Court ruling that deemed a substantial portion of these tariffs unlawful. The reimbursement represents about 60% of the $165 billion initially gathered before the court's decision, marking a notable shift...
Starting January 1, California will raise its minimum wage to $17.40 per hour, becoming the highest statewide minimum wage in the nation. Governor Gavin Newsom announced this adjustment as a measure to assist workers in handling the state's significant living costs. This move positions California at the forefront of wage policy, differing from the stagnant federal minimum wage, which has been set at $7.25...
The United States has announced the imposition of a 12.5% tariff on roughly one-third of Singapore's domestic exports, citing concerns over enforcement of forced...
In a pivotal move to bolster energy and strategic alliances, the United States and Saudi Arabia have signed a historic civil nuclear cooperation agreement....
The United States and Jordan have unveiled a new trade agreement designed to enhance economic collaboration, minimize trade barriers, and create fresh business opportunities...
Global oil and gas prices experienced an upswing following renewed military tensions between the United States and Iran, sparking fears about energy supplies and...
Brazil has expressed strong disapproval of the United States' recent announcement to impose a 25% tariff on certain Brazilian products starting July 22. The...
In a significant legal development, the U.S. government has been compelled to return $81 billion in tariffs to businesses following a Supreme Court ruling...
The United States has opted not to renew the United States-Mexico-Canada Agreement (USMCA) as it currently stands, choosing instead to conduct annual reviews while...
In a significant financial disclosure for 2025, President Donald Trump reported earnings exceeding $1 billion from his ventures in the cryptocurrency sector, highlighting a...
India and the United States have re-engaged in negotiations to finalize an interim trade agreement, aiming to overcome key differences ahead of an impending...
Global financial markets experienced significant turbulence on Tuesday as a sharp decline in artificial intelligence and technology stocks shifted investor focus away from geopolitical...
On Friday, global oil prices experienced a notable decrease following remarks from US President Donald Trump, who indicated that a peace agreement with Iran...
