Topic
economy
68 stories, newest first · page 1 of 4.
Business & Economy · United StatesIndia-US trade talks hit plateau, says Finance Minister Sitharaman
India's Finance Minister Nirmala Sitharaman stated that trade negotiations with the United States have reached a plateau, making further concessions difficult. She noted that the current trade balance favours India, a point the US wishes to address.
United States3 min readTrust 68 · Craft 95 · Hype 25
Business & EconomyDollar nears 17-month high as French fiscal worries weigh on euro
The US dollar began the week near a 17-month high, influenced by softer US jobs data that reduced expectations of a Federal Reserve rate hike. Meanwhile, the euro weakened due to fiscal concerns and political uncertainty in France.
3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesUS mortgage rates hit nearly 3-year high as jobs growth slows
The average long-term U.S. mortgage rate has risen to 7.28%, the highest in almost three years. September saw a significant slowdown in job creation, with only 29,000 new jobs added, and the unemployment rate edged up to 4.2%. Consumer confidence has also dropped to its lowest level since April 2014.
United States3 min readTrust 50 · Craft 60 · Hype 40- Politics · Latin America
Díaz-Canel Accuses US of Hypocrisy Over Cuban Business Restrictions
Cuban President Miguel Díaz-Canel has accused the United States of hypocrisy for promoting private enterprise in Cuba while simultaneously imposing new restrictions on Cuban businesses. The US move revokes permission for small Cuban private entrepreneurs to open accounts in US banks, which analysts say is a setback for private enterprise development.
Latin America2 min readTrust 50 · Craft 65 · Hype 20
Politics · United StatesFishermen express frustration with Trump over costs and trade
Commercial fishermen, some of whom have previously supported Donald Trump, are voicing concerns over rising operational costs and trade policies. Issues like high fuel prices and trade hostilities with Canada are impacting their livelihoods, leading to a reassessment of their political allegiances.
United States3 min readTrust 42 · Craft 57 · Hype 41
PoliticsArgentina launches citizenship-by-investment program
Argentina has introduced a citizenship-by-investment program, allowing foreigners to obtain citizenship in exchange for a financial contribution. The program aims to attract wealthy individuals and bolster the nation's economy.
3 min readTrust 60 · Craft 65 · Hype 45- Business & Economy · European Union
Volvo Cars withdraws 2026 forecast amid market challenges
Volvo Cars announced on 2 October 2026 that it will not meet its full-year volume and cash-flow targets for 2026. The company cited worsening market conditions in China and a slower-than-expected recovery in the United States as the primary reasons for this revision.
European Union2 min readTrust 54 · Craft 62 · Hype 15
Politics · United StatesUS consumer confidence hits decade low amid job market concerns
US consumer confidence has fallen to its lowest point in over a decade, according to the Conference Board. This decline persists even as the job market shows signs of stability, with forecasters expecting 90,000 jobs added in September.
United States3 min readTrust 60 · Craft 70 · Hype 20
Politics · Middle EastUS Sanctions Iran's Automotive and Rail Sectors
The U.S. Treasury Department has sanctioned Iran's automotive and rail industries, along with companies linked to its metals sector and a Russia-tied shadow banking network. These actions are part of 'Operation Economic Outcast,' aimed at cutting off Iran's financial lifelines.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Politics · United StatesJon Stewart questions Democratic midterm success without policy shifts
Jon Stewart expressed skepticism about the impact of a Democratic "blue wave" in the upcoming midterm elections, stating the party needs to deliver concrete economic policies rather than just opposing Donald Trump.
United States2 min readTrust 42 · Craft 61 · Hype 41
Business & Economy · United StatesUS trade deficit in goods rose 11.5% in August
The US trade deficit in goods increased by 11.5% in August to $132.6 billion, reaching its highest point since March 2025. This rise was primarily due to a significant increase in imports, and the deficit may negatively impact US GDP growth.
United States2 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesUS Consumer Confidence Falls to Lowest Level Since 2014
Americans' confidence in the economy declined in September to its lowest point since 2014, according to a Conference Board survey. Elevated prices and stagnant wages are contributing factors, alongside the ongoing Iran war.
United States2 min readTrust 42 · Craft 61 · Hype 41
PoliticsB.C. NDP Leader Eby Pledges to Cut Deficit by Growing Economy
British Columbia NDP Leader David Eby has stated his government would reduce the deficit by fostering economic growth and eliminating wasteful spending. He also outlined plans to boost critical mineral exports and expand a key port.
2 min readTrust 42 · Craft 59 · Hype 20
PoliticsBrazil election: Cost of living challenges Lula's reelection bid
Rising food prices and a squeeze on household budgets are undermining President Luiz Inacio Lula da Silva's reelection campaign in Brazil. Polls indicate a close contest with Senator Flavio Bolsonaro, whose campaign highlights purchasing power concerns.
3 min readTrust 42 · Craft 61 · Hype 20
Business & Economy · United StatesUS trade representative sees no urgency for Canada deal
U.S. Trade Representative Jamieson Greer said there is no urgency to strike a trade deal with Canada, as the U.S. is comfortable with the current trade situation. Canada continues to supply key exports like oil, gas, and potash to the U.S.
United States3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesCheapest Gas Prices in Missouri
Stacker.com used Gas Buddy data to identify the cheapest gas stations in Missouri. Casey's in Sullivan offered the lowest regular fuel price at $3.64, with other stations in Joplin and Springfield also listed.
United States1 min readTrust 42 · Craft 59 · Hype 20
Business & Economy · United StatesRichmond Fed's Barkin: Economy Firming, Inflation Risks Outweigh Employment Risks
Richmond Fed President Tom Barkin indicated the U.S. economy is strengthening, with inflation risks taking precedence over employment concerns. He noted that recent interest rate hikes aim to return inflation to the Federal Reserve's 2% target, and warned that shocks from global events and technological advancements could prolong price pressures.
United States3 min readTrust 76 · Craft 95 · Hype 28
Politics · United StatesGovernment proposes extending fuel excise tax pause
The federal government has introduced a bill to extend the pause on the federal fuel excise tax. Finance Minister François-Philippe Champagne put forward the legislation, which is now facing significant debate. The measure aims to provide continued financial relief to farmers, families, and truckers.
United States1 min readTrust 42 · Craft 59 · Hype 15- Business & Economy
Brent crude price falls below $100 a barrel
The price of Brent crude oil dropped below $100 a barrel on Tuesday, reaching its lowest point since September 8. This decline coincided with Wall Street stocks nearing record highs, as oil prices have now fallen for four consecutive days.
2 min readTrust 42 · Craft 55 · Hype 41
Politics · United StatesDiesel Prices Hit Record High, Senator Urges Export Ban
Record-high diesel prices have prompted Republican Senator Chuck Grassley to call for an embargo on exports. Farm state Republicans are pressuring the White House to stop exports, citing the impact on farmers and truckers.
United States2 min readTrust 42 · Craft 57 · Hype 41