Economy

US inflation holds but underlying prices creep up

August 8, 2025

US inflation steady as underlying prices creep higher

Kyle C. Garrison

The consumer price index (CPI) in the United States has stayed stable; however, further examination shows a slow ascent in fundamental prices. This scenario signifies a complex economic context where…

Economy

Nvidia and AMD to pay 15% of China chip sales to US

August 7, 2025

Nvidia and AMD face 15% levy on China chip sales to US

Kyle C. Garrison

Nvidia and AMD, two leading players in the semiconductor industry, are set to allocate 15% of their revenue from chip sales in China to the United States government. This new…

Economy

August 4, 2025

Crocs US sales suffer as buyers gravitate towards trainers

Kyle C. Garrison

The U.S. shoe market has experienced a considerable shift in consumer tastes, with new sales statistics indicating a substantial decline in the buying of Crocs' iconic foam clogs. This decrease…

Economy

August 4, 2025

Trump opens door for crypto in retirement accounts

Kyle C. Garrison

Recent adjustments in regulations have enabled U.S. employees to incorporate digital assets in their strategies for long-term retirement planning. The revised rules allow specific cryptocurrencies to be added to 401(k)…

Economy

Why has the Bank of England cut interest rates?

August 3, 2025

What led the Bank of England to cut interest rates?

Kyle C. Garrison

The Bank of England's recent decision to reduce interest rates marks a significant shift in monetary policy that will affect millions of consumers, businesses, and investors across the United Kingdom.…

Economy

Chinese nationals charged with exporting Nvidia AI chips to China

August 2, 2025

Chinese nationals under investigation for exporting Nvidia AI chips to China

Kyle C. Garrison

Un grupo de ciudadanos chinos ha sido formalmente acusado en Estados Unidos por cargos de exportar ilegalmente chips de IA de alto rendimiento de Nvidia a China, lo que genera…

Economy

August 1, 2025

$15,000 deposit proposed for US visa seekers

Kyle C. Garrison

The U.S. government is reportedly evaluating a policy that would require certain foreign nationals to pay a substantial deposit — potentially up to $15,000 — as a condition for obtaining…

Economy

BP to review oil and gas projects to boost profits

August 1, 2025

BP to review oil and gas projects for higher profitability

Kyle C. Garrison

BP is conducting a strategic assessment of its oil and gas activities as part of a wider initiative to boost profitability and increase shareholder value. This step indicates a renewed…

Economy

Trump hits Brazil with 50% tariffs and sanctions judge in Bolsonaro case

July 27, 2025

Trump announces 50% tariffs, sanctions judge related to Bolsonaro case in Brazil

Kyle C. Garrison

The United States, led by former President Donald Trump, imposed a 50% duty on certain imports from Brazil, while also enacting sanctions against a Brazilian judge associated with a prominent…

Economy

EU-US tariff deal not finished yet, say Europeans unhappy with Trump's terms

July 27, 2025

Europeans push back on Trump’s terms, leaving EU-US tariff deal unfinished

Kyle C. Garrison

Efforts to finalize a trade agreement between the European Union and the United States are still in progress, with European representatives voicing growing frustration over the terms proposed by the…

Economy