Business

Tech Advances Drive US Federal Deficit to Surpass $2.1 Trillion by 2026.

The Congressional Budget Office projects that the U.S. federal budget deficit will swell to approximately $2.1 trillion by the fiscal year 2026 as government expenditures rise at a pace...

15% Tariff on Polysilicon to Boost US Solar and Chip Innovation

In a strategic move to bolster domestic production and reduce dependence on foreign imports, U.S. President Donald Trump...

Court Ruling Spurs $100 Billion Tech Tariff Refund from Trump Era

The Supreme Court's recent decision has led to the US government reimbursing approximately $100 billion in tariffs initially...

Advanced Trading Tech Fuels 7% Oil Price Spike Amid Iran-US Tensions

Oil prices experienced a significant surge, exceeding 7%, amid escalating military tensions involving Iran, the United States, and...

Trump Enacts Tariffs on Australian Tech Amid Forced Labour Allegations

The United States has introduced a 12.5% tariff on numerous Australian exports, citing insufficient measures by Australia to...

US Trade Chief Highlights Tariffs’ Role in Tech Growth Amid Price Concerns

U.S. Trade Representative Jamieson Greer stood firm on the Trump administration's tariff policy during a recent Senate hearing, pushing back against accusations that these...

Trump Highlights Tech Role in Tariff Talks, Not Wildfire Solutions, with Lebanon

In a recent meeting with Lebanon's president, US President Donald Trump clarified that the proposed tariffs on Canadian goods are unrelated to the wildfires...

Trump Implements 50% Tariff, Impacting Canadian Tech and Innovation Goods

In a significant move on trade policy, US President Donald Trump has declared a 50% tariff on a wide range of Canadian imports, citing...

US House Approves $500M Boost for Taiwan’s Defense Tech and Innovation

The U.S. House of Representatives has successfully passed an appropriations bill for the upcoming fiscal year, which notably includes US$500 million in Foreign Military...

Innovative Energy Solutions Drive US Inflation Down to 3.5% in June

The United States saw a slowdown in annual inflation to 3.5% in June, driven largely by a temporary dip in energy prices that helped...

Apollo’s £5.7B Offer Highlights Tech Innovation in easyJet Takeover Battle

Apollo, a prominent private equity firm based in the United States, has put forth a £5.7 billion proposal to acquire easyJet, a move that...