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I’m not a knee-jerk anti-tax fellow. While no one enjoys paying taxes, I recognise that federal, state and local levies fund a broad range of critical needs, from schools,...
US inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran, and cementing economists' views that the Federal...
NEW YORK: The US dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome...
The American economy is a wonder. The Economist observed that average wages in America’s poorest state, Mississippi, are higher than those in Britain, Canada and Germany. American GDP per...
If you take the long view, America’s economic outlook is pretty bleak. Like a lot of rich countries, it is overwhelmed by debt it has no plans to reduce....
US President Donald Trump announced that he will raise tariffs on cars and trucks imported from the European Union to 25 per cent, citing the bloc’s failure to comply...
Global sales of electric cars weakened in the first quarter. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1 per...
Oil prices whipsawed on Thursday and surged toward their highest levels since the war with Iran began, only for the leaps to quickly vanish. The US stock market, meanwhile,...
Oil futures rose on Monday as stalled US-Iran peace talks pointed to further disruption in Middle East energy exports, while global stocks were higher to start a busy week...
Oil prices surged at the start of Asian trading on Monday, with gains exceeding 2%. Brent crude futures rose by $2.16, or 2.05%, to reach $107.49 a barrel—the highest...
