Meta’s move to end fact-checking reflects turn toward freewheeling internet
When Meta CEO Mark Zuckerberg announced this week that the social media giant would scrap third-party fact-checking and ease moderation ...
Tag: economy
As Trump talks up trade war with China, fears rise for rare earths supply
Taipei, Taiwan – As United States President-elect Donald Trump gears up for a second trade war with China once he ...
US Fed officials expected slower rate cuts in 2025, say December minutes
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ...
US bans medical debt from credit reports as Biden nears exit
Consumer Financial Protection Bureau says change will strike $49bn in medical debt from credit reports.Consumers in the United States will no ...
China’s millionaires eye the exit as economic storm clouds gather
Taipei, Taiwan – Five years ago, Jane Meng travelled from her home in Shanghai to Hong Kong to get herself ...
US Steel, Nippon sue Biden administration over decision to block merger
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to ...
Musk turns on UK politician Farage over jailed far-right activist
Elon Musk has reversed his support for Nigel Farage, the leader of the United Kingdom’s populist party Reform UK, after ...
It’s different now: Tariffs can boost U.S. jobs, wages, and the economy, finance professor says
"In this case, tariffs (properly implemented) would have the opposite effect of Smoot-Hawley." Read More Source link
Maryland should take a page from Virginia’s book
Is it something in the water? While Maryland is in the midst of a fiscal crisis, drowning in a $3 ...
Investors are like ‘hyperactive first-graders’ trying to forecast 2025
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use ...
Trump tariffs would shrink the federal deficit, but also the economy, CBO says
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...
Biden to block Nippon Steel’s takeover of US Steel, reports say
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.United States President Joe ...
Singapore economy grows 4%, beating forecasts
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.Singapore’s economy grew 4 percent in 2024, comfortably ...
CD rates have been skyrocketing, but they’re on their way down
The top CD rates are already paying 5% or more. Read More Source link
Indonesia’s Apple and Google bans frustrate country’s tech fans
Medan, Indonesia – Winston, a medical doctor who lives and works in the capital of North Sumatra Province, is a ...
In India’s east, farmers risk jail to grow lucrative cannabis crop
Odisha, India – Ajay Rout is an Indigenous farmer in a remote village in a southern district of India’s Odisha state. ...
Wall Street’s predictions for the market and economy in 2025
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Americans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy
The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% ...
Jimmy Carter also faced high inflation and energy prices — ‘We have more oil in our shale alone than several Saudi Arabias’
"We will protect our environment," Carter said in 1979. "But when this nation critically needs a refinery or a pipeline, ...
Trump tariffs could leave the US as the relative winner among global economies, Ivy League professor says
"No matter the virtues of these policies, they could end up hurting other countries a lot more than they hurt ...
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