The American vehicle repossession industry stands on the brink of historic activity, with car seizures reaching their highest level in 14 years. According to Recovery Database Network data, 2.7 million
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The battle for the soul of New York City is set to reach new heights as Zohran Mamdani, aged 34, takes office as the 111th mayor. His arrival signals a
The US Federal Reserve has reduced interest rates for the second consecutive month, moving borrowing costs down to a range of 3.75 to 4 per cent. Policymakers made this decision
The United States economy has proven more robust in the face of record protectionism than previously forecast, according to assessments from the International Monetary Fund as it prepares to release
The US Federal Reserve has reduced its benchmark interest rate for the first time in 2025 marking a pivotal moment for global markets and US economic policy. The quarter point
The latest figures reveal that inflation in the United States ticked up slightly in August, largely due to businesses transferring the burden of Trump-era tariffs on to shoppers. According to
Inflation in the United States accelerated to 2.9 per cent in August, with the central bank expected to respond with its first interest rate cut of the year at its
Fresh employment figures from the US Department of Labour have demonstrated unexpected strength in the world’s largest economy, with 147,000 new positions created in June, significantly surpassing market forecasts of
The US dollar plummeted to its lowest level in over three years on Thursday as signs of a slowing economy and rising government debt deterred investors from holding the once-dominant
A recent analysis from the non-partisan Congressional Budget Office (CBO) has revealed that former President Donald Trump’s flagship tax bill is expected to increase the United States’ national debt by
US inflation fell unexpectedly in April, coinciding with President Trump’s announcement of significant reductions in tariffs, marking what he described as “liberation day.” The annual rate of price growth dropped
The United States has recorded its largest-ever trade deficit, revealing a significant challenge for the country’s economic stability. The deficit surged by 14 per cent in March, reaching a historic
Ukraine and the United States have finalised a highly anticipated agreement to establish a joint minerals deal, marking a new chapter in their economic cooperation. This partnership is being hailed
Chinese fast-fashion giant Shein has implemented substantial price increases for its American customers in response to Donald Trump’s heightened tariff policies. The online retailer, known for its low-cost offerings, has
Beijing confronts a pivotal choice regarding its massive US treasury holdings amidst escalating trade tensions with Washington. The world’s second-largest economy must weigh the risks of economic turmoil against accepting
President Trump’s recent announcement of a comprehensive tariff strategy is set to radically disrupt the global trade order. This drastic measure will elevate the United States’ effective tariff rate to
