Economic News
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Meta joins a list of corporations that have settled cases for billions of dollars
Tech giant Meta has agreed to pay $17 billion as part of a settlement to end a landmark trial over teen social media addiction, state attorneys general announced Wednesday
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Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights
An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs
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Trump mulls renaming Lake Ontario as 'Lake America.' Canadians balk at the idea
President Donald Trump is floating the idea of renaming Lake Ontario to become “Lake America” as his trade war with Canada intensifies
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US economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate
The U.S. economy grew at a sluggish 1.5% pace from April through June
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Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights
Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights
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US economy grew at sluggish 1.5% rate in April-June, but consumer spending stayed strong, government says
US economy grew at sluggish 1.5% rate in April-June, but consumer spending stayed strong, government says
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Trump's new economic squeeze on Iran has a big challenge: China
The Trump administration's new “economic onslaught” on Iran's financial connections around the world faces a challenge when it comes to China
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Canada strikes back at US with retaliatory tariffs as trade war escalates
Canada struck back at the United States with retaliatory tariffs on about $20 billion worth of American goods
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Iran's gas lines are growing, but there's no sign so far that its leaders will bow to US sanctions
Long lines have formed outside gas stations in Iran's capital as people rush to fill their tanks amid fuel shortages, fears of higher prices and new U.S. sanctions
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Canada targets steel, fish and hundreds of other goods as Trump trade war escalates
Canada has pledged to roll out “dollar for dollar” counter-tariffs on scores of U.S. goods next month, in response to President Donald Trump’s latest import taxes that have plunged the North American neighbors deeper into a bitter trade war
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