Hungary Central Bank Makes Another Rate Cut as Inflation Drops
The central bank of Hungary is expected to press ahead with monetary easing in 2024 due to the sharp drop in inflation last month.
Government
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.
Europe Trusts Chinese Supply Chains and Won't Follow US Tariff Hikes
Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their p..
Slovak Media Fears Government Crackdown After PM Assassination Attempt
Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS...
California Offers $400 to Drivers Willing to Test Proposed Gas Tax Alternative — Here's What You Should Know
California is offering money to drivers interested in participating in a pilot program to test an alternative to the gas tax. Here's what you need to know...
IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
The IMF is urging the US to maintain its open trade system instead of ...
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders...
Latest News
IRS to Provide $1 Billion in Penalty Relief for Millions of Taxpayers — Here's Who Qualifies
The Internal Revenue Service (IRS) announced on Tuesday a penalty relief for individuals who failed to pay their taxes on time during the pandemic.
Ukraine Forced to Cut Military Operations as Foreign Aid Runs Out
As foreign aid starts to dry up, a top Ukrainian commander said Ukraine had to downsize its military operations in the war with Russia.
Southwest Airlines Hit With $140 Million Fine for 2022 Holiday Meltdown That Stranded Millions
The US Department of Transportation (DOT) has imposed a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during the December 2022 holiday meltd
Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
Donald Trump Shrugs Off New Record Stock Market High Under Joe Biden
Former President Donald Trump, who once claimed that a Joe Biden presidency would lead to a stock market crash, is now dismissing stock market highs as benefiting the "rich."
US Treasury Department Unveils New Tax Credit Guidelines for Sustainable Aviation Fuel
The US Treasury Department has released the long-awaited guidelines for the Sustainable Aviation Fuel (SAF) tax credits.
China's Mixed Economic Data: Industrial Expansion at Fastest Pace Since 2022; Retail Sales Growth Misses Expectations
China has reportedly recorded its fastest industrial expansion since February 2022 in November.
Vladimir Putin Issues Rare Apology for the Price of Eggs as Russia's Inflation Soars
Russian President Vladimir Putin has issued a rare apology for Russia's inflation problem, which resulted in the soaring of egg prices this week.
Joe Biden Impeachment Inquiry Finally Formalized by House Republican Vote
House Republicans have voted in favor of formalizing the impeachment inquiry into President Joe Biden on Wednesday.
