Economic News
-
Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports
-
Indiana eliminates 25 athletic department jobs in preparation for revenue sharing, AP source says
Indiana University has eliminated 25 athletic department jobs as it prepares for revenue sharing with athletes that is expected to begin this year
-
Billionaires' wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least five trillionaires within a decade, even as the number of people in poverty has barely budged since 1990
-
Starbucks plans corporate layoffs as part of turnaround
Starbucks says it plans an unspecified number of layoffs as it restructures its corporate staff
-
Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case
A federal court in New York has sentenced Mozambique’s former finance minister to another two-and-a-half years behind bars for his role in the “tuna bond” corruption scandal that triggered a financial crisis in the African nation
-
US lawsuit accuses PepsiCo of price discrimination that favored Walmart over smaller stores
A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer
-
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year
-
Labor Department puts spotlight on child labor in slaughterhouses with 3 settlements this week
The problem of kids working in dangerous slaughterhouses continues to be a concern as the Labor Department announced its third agreement this week with a company in the industry agreeing to pay a penalty and reform its practices to help ensure it won’t hire underage workers again
-
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year
-
US defense contractor to build 4,000-worker advanced manufacturing facility in central Ohio
U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio
- More Economic News »