Economy News

Despite attending a recent BRICS gathering in Brazil and being listed as a member on the group’s website, Saudi Arabia is reportedly holding off on formalizing its participation in the economic alliance.

As trade envoys from the U.S. and China prepare to meet in Geneva this weekend, Donald Trump is once again embracing aggressive tariff policy.

At its May 7, 2025 meeting, the Federal Reserve left the federal funds rate unchanged at 4.25% to 4.50%, marking the fourth consecutive decision to keep rates steady.

President Donald Trump is set to make his first overseas trip since returning to office, leading a high-powered U.S. delegation to Saudi Arabia, Qatar, and the UAE next week.

Global markets are feeling the strain as U.S. trade policy under President Donald Trump continues to send ripples through the world economy.

Warren Buffett sounded the alarm on America’s worsening fiscal health during what may be his final Berkshire Hathaway shareholders meeting, cautioning that the country is heading toward a financial cliff if spending habits remain unchecked.

Mark Zandi, Chief Economist at Moody’s Analytics, is sounding the alarm over what he believes could be a turbulent stretch for the U.S. economy.