Business

US Economic Growth Outpaces Expectations, But Rising Inflation Fuels Concerns

The U.S. economy grew at a robust 3.4% annualized rate in the third quarter of 2026, defying expectations and showcasing the strength of consumer spending and investment in artificial intelligence (AI). Despite this growth, concerns loom as inflation continues to rise, reaching 3.7% in September, according to the Consumer Price Index (CPI). This increase in inflation, alongside higher fuel prices and declining consumer confidence,...

US and India Nearing Completion of Key Trade Agreement, Says Marco Rubio

The United States is nearing the conclusion of a trade agreement with India, according to US Secretary of State Marco Rubio. Speaking in Samarkand, Uzbekistan, Rubio highlighted ongoing negotiations as a factor in the US's decisions regarding national security waivers related to Russian energy sanctions. Rubio emphasized that the US is working diligently to finalize the trade deal, with plans to visit India and engage...

Malaysia Alerted: US Tariff May Rise, Impacting Tech and Innovation

Malaysia's trade sector has been cautioned against assuming the current 10% tariff levied by the United States on its goods is a definitive limit....

Tim Cook Earns $47M for Leading Apple’s Innovative Tech Endeavors

In a significant transition at Apple, Tim Cook has stepped down from his role as chief executive to take on the position of executive...

Bessent Supports Japan’s Tech-Driven Approach to Bolster Yen, Rate Bets Surge

U.S. Treasury Secretary Scott Bessent has conveyed his firm endorsement of Japan's initiatives to bolster the yen, aligning with market beliefs that the Bank...

Tech Investors Eye Warsh’s Speech for Insights on Future US Rate Strategies

As anticipation builds around US Federal Reserve Chair Kevin Warsh’s forthcoming speech at Jackson Hole, investors are keenly awaiting insights into the future of...

US-Venezuela Oil Deal Highlights Innovative Energy Collaboration

President Donald Trump has announced a significant new oil deal with Venezuela that he claims will give the United States "majority" control over more...

Tech Innovations Lag as US Consumer Confidence Hits August Low

In August, consumer confidence in the United States experienced a dip, reflecting ongoing concerns about elevated prices, especially for gasoline and everyday necessities. The...

Tech Savvy Druckenmiller Advises Bessent on US Bond Market Innovations

Stanley Druckenmiller, a prominent billionaire investor, has issued a cautionary note to US Treasury Secretary Scott Bessent regarding the Treasury's strategy of curbing long-term...

Trump’s 50% Tariff Targets Canadian Automotive and Steel Technology Advancements

In a significant development in US-Canada trade relations, President Donald Trump has unveiled a new tariff policy, imposing a 50% duty on Canadian vehicles...

Trump Proposes Keystone XL Tech Revamp, Postpones Canada Tariff Implementation

In a recent announcement, US President Donald Trump has postponed the imposition of a 50% tariff on Canadian goods by three days, citing advancements...

US Highlights Tech-Driven Transshipment Loopholes in India and 37 Nations

The United States has leveled accusations against 38 countries and the European Union, claiming they are part of a "shadow transshipment network." This network...

Tech Innovations Crucial as US Deficit Projected to Hit $2.1 Trillion by 2026

The United States is facing a projected federal budget deficit of approximately $2.1 trillion by fiscal year 2026, as outlined by the Congressional Budget...

15% Tariff on Polysilicon Imports to Boost US Tech Manufacturing

In a strategic move to bolster domestic manufacturing and lessen dependency on China, US President Donald Trump has announced a 15% tariff on imports...