us economy

Debt alarm: US national debt hits record $37 trillion, pace doubles with trillion added every five months

Photo of author
The US national debt has surpassed $37 trillion, exceeding pre-pandemic forecasts due to Covid-19 spending and recent tax cuts. Experts warn that this rapid debt ...

‘The only thing to stop America would be…’: Trump’s reciprocal tariffs take effect at midnight; billions to start flowing into US

Photo of author
President Trump announced new reciprocal tariffs effective at midnight, targeting countries allegedly exploiting the US. He claimed billions would flow into the US, attributing potential ...

Trump’s tariff treasure: US ‘taking in so much money’ – but where is it going?

Photo of author
US President Trump touts billions in tariff revenue, but its use remains unclear. While the government collected nearly $30 billion last month alone, a 242% ...

‘Let’s call it seed money’: Donald Trump says Japan to invest $550 billion in US to lower tariffs — but deal still unclear

Photo of author
Donald Trump claims Japan will invest $550 billion in the US under a new trade framework, though details remain under negotiation. Trump suggests the US ...

Donald Trump’s aggressive trade moves: US President indicates he won’t go below 15% tariff rate; ‘we’ll have a straight…’

Photo of author
US President Donald Trump has signaled a potential shift in trade strategy, suggesting a baseline tariff of 15% for most nations, potentially reaching 50% for ...

‘Massive trade deal’: Donald Trump announces 15% reciprocal tariffs for Japan; reveals $550 billion investment plan, says US to get 90% of profits

Photo of author
Donald Trump declared the completion of a significant trade agreement with Japan, averting a threatened 25% tariff. The deal includes a 15% American tariff on ...

India-US trade deal: Fifth round of talks for BTA completed; both countries aim to finalise interim deal ahead of Trump’s tariff deadline

Photo of author
India and the United States concluded the fifth round of BTA negotiations in Washington, aiming to finalize an interim trade deal before August 1 to ...

JPMorgan Q2 results: Bank’s profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks

Photo of author
JPMorgan Chase reported a second-quarter net profit of $14.2 billion, surpassing Wall Street expectations despite being lower than the previous year. Revenue reached $45.7 billion, ...

India top contributor in US immigrant billionaire list: 12 Indian-origin tycoons in list; Jay Chaudhry beats Sundar Pichai, Satya Nadella in US rich club

Photo of author
India has emerged as the leading source of billionaire immigrants in the US, surpassing Israel, according to Forbes’ 2025 list. Twelve India-born individuals, including tech ...

Donald Trump fires new tariff salvo! Letters to more countries released; Iraq, Philippines & others to face up to 30% duties – check list

Photo of author
Donald Trump issued tariff letters to several countries, including the Philippines, Brunei, Moldova, Algeria, Libya, and Iraq, warning of reciprocal duties starting August 1, 2025. ...