Economy
Automakers can’t figure out what the hell is going on with Trump’s tariffs
Automakers can’t figure out what the hell is going on with Trump’s tariffs Automakers across the globe are struggling to navigate the ever-changing tariffs imposed by President Trump, leading to a lack of market certainty and forcing companies to pull their guidance for the year. The recent changes to the tariffs have created a complex […]
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How rising wages for construction workers are shifting the foundations of the housing market
How rising wages for construction workers are shifting the foundations of the housing market Rising wages for construction workers are significantly impacting the housing market, with median home prices now over five times the median American’s income. The largest wage gains have been seen in unskilled roles, such as laborers and site preparation workers, which […]
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Trump reportedly complained to Bezos about Amazon’s tariff plan
Trump reportedly complained to Bezos about Amazon’s tariff plan President Donald Trump reportedly called Amazon founder Jeff Bezos to complain about Amazon’s plan to display tariff costs next to product prices. White House officials described Trump’s call as a response to a Punchbowl News report suggesting Amazon would add tariff breakdowns to product prices. Amazon […]
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White House calls Amazon ‘hostile’ after report says it will label tariff price hikes
White House calls Amazon ‘hostile’ after report says it will label tariff price hikes White House Press Secretary Karoline Leavitt has called Amazon “hostile” after reports suggest the company will display tariff price hikes next to product prices. The move comes as Trump’s tariffs are affecting retailers globally, with many Amazon sellers raising their prices […]
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America is living in tariff limbo
America is living in tariff limbo Tariffs imposed by the Trump administration have caused economic instability, with the stock market losing around $10 trillion in value over a few days. The tariffs are not traditional trade policy, but rather a “fishing expedition” to extract concessions from trade partners and US companies. Millions of people are […]
🏛️ Politics
Alaska, rich in petroleum, faces an energy shortage
Alaska, rich in petroleum, faces an energy shortage Alaska, rich in petroleum and natural gas, faces an energy shortage due to declining oil production and a lack of infrastructure for transporting natural gas. The state’s North Slope has significant proven reserves of oil (2 million barrels per day at peak) and natural gas (35 trillion […]
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Auto industry tariffs are doing what now? 24 hours of White House confusion
Auto industry tariffs are doing what now? 24 hours of White House confusion Over the past 24 hours, the auto industry has experienced significant policy changes from the White House, causing confusion among investors and stakeholders. The Trump administration was reportedly considering slashing tariffs on China, potentially lowering them to 50% from 145%, but Treasury […]
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From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp
From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp The World Bank has launched its new flagship report, B-READY, which aims to evaluate business environments through more transparent data and measures social inclusion, environmental sustainability, and public service delivery. B-READY differs from its predecessor, Doing Business, in that it […]
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Trump administration pauses new mine safety regulation − here’s how those rules benefit companies as well as workers
Trump administration pauses new mine safety regulation − here’s how those rules benefit companies as well as workers The Trump administration has announced its intention to pause or reverse regulations on mine safety, citing a desire to loosen rules that constrain companies. The proposed rule aimed to reduce exposure to silica dust in mines, which […]
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Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)
Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation) Central bank independence is under threat from politicians who want to influence monetary policy decisions. The US Federal Reserve, for example, has been criticized by President Trump, who has implied that he could fire […]
🏛️ Politics