Retail
National Debt Tracker: American taxpayers (you) are now on the hook for $36,215,469,660,763.20 as of 4/23/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Tariff-induced price hikes, trade worries highlighted in Fed's Beige Book
The Federal Reserve's Beige Book found that businesses around the U.S. are seeing costs rise due to tariffs, which will largely be passed on to consumers through higher prices.
China accuses US of 'bullying' the world with tariffs at UN meeting
China led an informal U.N. Security Council meeting in which it accused the U.S. of using tariff policies to "bully" other countries. The U.S., in response, accused China of trying to manipulate the multilateral system.
Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China
Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the Chinese government is willing to rebalance its economy.
Think venture capital is just a Silicon Valley game? Think again
To unlock the full potential of the American entrepreneurial economy, we need more venture capital partnering with founders in every corner of the country.
Americans trimming back wage expectations for new jobs: NY Fed
The New York Federal Reserve's consumer expectations survey found Americans are lowering their expectations for starting wages at a new job compared with November 2024.
Los Angeles sees continuing decline in film and television production
Los Angeles has seen a decline in local film and TV production, causing some to worry that the city could face the same fate as Detroit did with auto manufacturing several decades ago.
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.
Walmart, Target CEOs discuss 'path forward' with Trump as tariff concerns weigh on consumers
The CEOs of Walmart and Target met with President Donald Trump at the White House on Monday to discuss the impact his tariffs could have on the retail industry.
IMF cuts US economic growth forecast over trade tensions, policy uncertainty
The International Monetary Fund released its world economic outlook which cut the economic growth forecast for the U.S. due to trade tensions and policy uncertainty.