Economy

A survey of more than 24,300 readers provides insight into public perception; and while optimism is high, many acknowledge short-term challenges.

Canadian finance minister also said his government would prefer to hash out all details on trade in one broad negotiation instead of sector by sector.

Bank of America’s Global Research team lowered their yearly outlook for Target, Ross Stores, and Best Buy due to tariff concerns and inflation-wary consumers.

‘The truth is, I doubt Congress will repeal CHIPS,’ a CHIPS and Science Act opponent, Sen. Josh Hawley (R-Mo.), told The Epoch Times.

‘International economic relations that do not work for the American people must be reexamined,’ Treasury Secretary Scott Bessent said.

Regulations and the strategic bitcoin reserve will likely be at the top of the agenda.

An economist warns that the widening deficit is a symptom of a deeper economic problem—U.S. overreliance on consumption and imported goods.

‘Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin,’ Tyler Winklevoss said.

Total trade in goods and services between the UK and United States is estimated at £294.1 billion.

Private employers added 77,000 jobs last month, the slowest pace since July 2024, while wage growth held steady, according to a national report.

The December quarter ended with trade deficit of $12.5 billion, but positive retail spending data could push that figure even higher.

The retailer said it will recapture its ‘Tar-zhay’ chic by investing billions of dollars in new stores and products. But tariffs might create a headwind.

Breakfast, in particular, got more expensive as butter, cheese, eggs, bread, and cereals all saw price hikes.

Beijing also added 15 U.S. companies to its export control list, a move that it said was intended to ‘safeguard national security and interests.’

Expected refinery closures and rising consumption are poised to drive U.S. fuel prices higher in 2026.

Cost increases from the Budget and concerns over a potential trade war hit manufacturers.