economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Trump’s Tariff Exemption for Tech Products Could Be Short-Lived
Trump’s Tariff Exemption for Tech Products Could Be Short-Lived
April 13, 2025  |  Economy

President Donald Trump has exempted electronics from his “reciprocal” tariffs, at least for now. The government announced late Friday (April 11) consumer electronic imports from...

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Report: Trump Policies Hurting Tourism as Europeans Stay Home
Report: Trump Policies Hurting Tourism as Europeans Stay Home
April 13, 2025  |  Economy

U.S. immigration policy has reportedly triggered a sharp drop in visitors from Europe. The number of travelers from western Europe who spent at least one...

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Tariffs Leave Businesses ‘Constantly Dealing With Uncertainty’
Tariffs Leave Businesses ‘Constantly Dealing With Uncertainty’
April 13, 2025  |  Economy

President Donald Trump’s 90-day tariff pause is of cold comfort to some U.S. businesses. As Reuters reported Saturday, businesses ranging from toy stores to lip...

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US Customs Delays Tariff Collection Until ‘Glitch’ is Resolved
US Customs Delays Tariff Collection Until ‘Glitch’ is Resolved
April 11, 2025  |  Shipping

A glitch has reportedly delayed the collection of tariffs by U.S. Customs. An entry code used to exempt freight from tariffs is not working, the issue...

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Report: Five Below Suspends Shipments From China Due to Tariffs
Report: Five Below Suspends Shipments From China Due to Tariffs
April 11, 2025  |  Retail

Discount retail chain Five Below reportedly suspended cargo shipments from China due to the trade war between the country and the U.S. A shipping company...

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Consumers Haven’t Been This Gloomy Since the Pandemic and the Great Recession
Consumers Haven’t Been This Gloomy Since the Pandemic and the Great Recession
April 11, 2025  |  Economy

You’d have to go back to the last few seismic shocks to the U.S. economy — the pandemic and the Great Recession — to find...

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Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
April 11, 2025  |  Earnings

Economic uncertainty is casting a long shadow over the year ahead. Bank leaders are framing 2025 as a year of “wait and see” marked by...

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Bank of England Warns of Higher Market Volatility From AI-Driven Trading
Bank of England Warns of Higher Market Volatility From AI-Driven Trading
April 11, 2025  |  Artificial Intelligence

The use of artificial intelligence in algorithmic trading could exacerbate market volatility and amplify financial instability, according to a policy paper by the Bank of...

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Two-Thirds of Small Business Owners Say Tariffs Will Hurt Their Company
Two-Thirds of Small Business Owners Say Tariffs Will Hurt Their Company
April 11, 2025  |  Economy

Small businesses are reportedly likely to suffer the biggest impact from new U.S. tariffs. Small and medium-sized businesses (SMBs), which account for one-third of imports...

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