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Economy

US Layoffs Surge Amid Trump’s Threat of 50% Tariffs on EU Goods

The layoffs come days after US President Donald Trump threatened 50 percent tariffs on EU goods.

Abu Dhabi’s IMI Acquires Minority Stake in Prominent Firm

Abu Dhabi’s IMI will take a minority stake in the company of no more than 15 percent.

Economists Share Jamie Dimon’s Concerns Amid US Credit Downgrade and Tariff Uncertainty

Economists echo Jamie Dimon’s concerns as US credit downgrade and tariff-driven uncertainty continue.

Exploring Gaza: Omar El Akkad on Western Liberalism’s Shortcomings

Marc Lamont Hill speaks with author Omar El Akkad on Gaza and the failure of Western liberalism.

Canada’s Trade Shifts: Declining US Imports and Exports Amid Global Expansion

New data show both imports and exports with US fall as Canada expands trading relationships with other countries.

Budget Airline Considers Cancelling 330 737 Max Orders Amid Rising Tariff Costs

The budget carrier said it might cancel 330 737 Max orders due to rising costs brought on by tariffs

White House Criticizes E-Commerce Giant’s Denial of Proposal

The White House calls the decision ‘hostile’ as the e-commerce giant denies any proposal is under consideration.

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