Economy

The Biden administration has taken another significant step in addressing the United States’ mounting student debt crisis, announcing $4.2 billion in relief for over 150,000 borrowers. This latest relief brings…

Despite the US economy showing resilience with strong GDP growth, manufacturing stocks have lagged behind broader market indices, but analysts believe the sector is poised for a turnaround in 2025.…

Wall Street saw a modest uptick on Tuesday as investors turned their focus to upcoming US inflation data following a better-than-expected producer price index (PPI) report. The Dow Jones Industrial…

In an unprecedented move, South Korea’s impeached president, Yoon Suk Yeol, was detained on Wednesday morning at his presidential residence in Seoul becoming the first sitting South Korean leader to…

Gold prices inched above the $2,700 per ounce mark on Wednesday again as traders remained focused on the release of the US CPI inflation data.  A milder US dollar also…

The IRS is set to send out $2.4 billion in stimulus payments to eligible US taxpayers by late January. These payments, issued via direct deposit or paper checks, are targeted…

Vietnam has surpassed Japan to become China’s third-largest export destination for the first time, marking a significant shift in global trade patterns. This transformation is largely driven by US tariffs,…

Asian markets presented a mixed picture on Tuesday, as bargain buying following recent losses was countered by ongoing concerns about the global economic outlook and the potential impact of a…

The US dollar experienced a broad decline against almost every major currency on Tuesday, following a Bloomberg News report that Donald Trump’s incoming economic team is considering a more gradual…