People shop for groceries at a store in New York City, U.S., July 15, 2025. REUTERS/Jeenah Moon
Money

Stressed U.S. low-income shoppers hunt for smaller packs, restaurant meals under $5

PHOTO: iStock
United States

U.S. July budget deficit up 20% year-over-year despite record Trump tariff income

Federal Reserve Chair Jerome Powell sticking his tongue out. | Photo: Andrew Caballero-Reynolds/AFP/Getty Images
Politics

U.S. inflation held steady as mild tariff hit offset by cheaper gas, food

U.S. Treasury Secretary Scott Bessent speaks during a news conference in Geneva, Switzerland, May 12, 2025. (AFP Photo)
Politics

U.S. national debt reaches a record $37 trillion, the Treasury Department reports

President Donald Trump speaks to the media after arriving at Joint Base Andrews, Tuesday, July 15, 2025, in Joint Base Andrews, Md., as Secretary of the Interior Doug Burgum, left, Secretary of Commerce Howard Lutnick and White House Press Secretary Karoline Leavitt, right, look on. (AP Photo/Evan Vucci)
United States

Trump’s tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says

PHOTO: Bloomberg.
Money

U.S. households expect higher longer-run inflation, New York Fed says

Popular Mattel and Hasbro toys are displayed at the Toys R US in Macy's, in New York City, U.S., July 22, 2025. REUTERS/Sami Marshak.
Companies

Take the battery out: Toy makers rewire designs to weather trade tensions

PHOTO: Unsplash.
Global Trade

Donald Trump’s broad tariffs go into effect just as U.S. economic pain is surfacing

A hiring sign is displayed at a retail store in Mount Prospect, Ill., Saturday, Nov. 2, 2024. (AP Photo/Nam Y. Huh)
United States

U.S. jobless claims rise slightly but remain at healthy levels, says Labor Department

PHOTO: Shutterstock
Global Trade

Crucial exemption allows majority of Canadian and Mexican goods to be shipped to U.S. without tariffs

U.S. President Donald Trump and Indian Prime Minister Narendra Modi prepare to shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025. REUTERS/Kevin Lamarque
Global Trade

Missed signals, lost deal: How India-U.S. trade talks collapsed

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