Business
Germany's new government launches a program to encourage investment and boost the economy
BERLIN (AP) — Germany's new government on Wednesday launched a package of tax breaks and eventual tax cuts for companies, moving to…
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Economy
Business
Australian dollar out of gas as economy sputters
The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers…
Politics
Trump Makes Unhinged Tariff Claim as Experts Warn Economy Is Crumbling
Of the 1,461 arrests made as part of Operation Patriot, only 790 individuals—or roughly 54 percent—had criminal convictions or charges.…
Politics
Donald Trump lashes out over tariff blocks: "Economic survival"
By Jordan King is a Newsweek reporter based in London, U.K. Her current focus is on religion, health, food safety and population. She has…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
Business
HP plunges after cutting profit outlook on tariffs, economy
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings…
Politics
Trump Is Slowly but Surely Killing U.S. Economy, Experts Warn
“Democrats pretended to care about campaign finance violations when they persecuted President Trump with their lawfare,” Mike Davis, a…
Politics
U.S. farm economy is starting to see first hits from Trump tariffs
President Trump’s tariffs are upending crop trading, delaying tractor purchases and constraining imports of chemical supplies into the…
Politics
Social Security, Medicare cuts face massive opposition in deep red state
Registered voters in Tennessee, which backed President Donald Trump by nearly 30 points in the 2024 election, are deeply opposed to cuts…
Business
U.S. Trade Deal Could Lift UK Economy, but Won’t Transform It
The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course…
Politics
Donald Trump set to announce new trade deal with Britain: Report
President Donald Trump is set to announce a new trade deal with Britain on Thursday, The New York Times reports. Newsweek reached out to…
Business
Federal Reserve Rings Every Alarm Bell About Trump’s Economy
But Kliger had committed a big no-no at the CFPB. His financial records indicated that he owned up to $365,000 in stock in companies that…
Business
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the…
Business
A Tidal Wave of Change Is Headed for the U.S. Economy
When the Covid pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products…
Business
Tesla investor says Elon Musk could be behind report he's getting ousted
Tesla investor Ross Gerber told Newsweek that he believes Elon Musk could be behind The Wall Street Journal report that the…
Business
In an Uncertain Economy, McDonald’s Sees Spending Decline
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw…
Politics
Transcript: Trump’s Fury Erupts in Crazed Rants over Shrinking Economy
And as you mentioned before, there’s a litany of other things as well. If you’re looking at this administration from other lenses,…
Politics
Trump boasts about the economy, but says weak data is Biden’s problem.
President Trump took office 101 days ago after a campaign in which voters bought his argument that he could skillfully manage the economy…
Politics
Trump Fumbles When Asked Why He Blamed Biden for Bad Economy
“I didn’t take over until January 20th,” Trump wrote. “Tariffs will soon start kicking in, and companies are starting to move into the USA…
Business
US: Wall Street tumbles at the open as US economy contracts in first quarter
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the…
Politics
Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows
Cutting federal funding for scientific research could cause long-run economic damage equivalent to a major recession, according to a new…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Politics
Trump's support is dropping nationwide and across demographics, polls show
WASHINGTON — President Trump enjoyed the highest approval ratings of his political career when he entered office in January, with roughly…
Politics
Donald Trump dealt double polling blow on the economy
President Donald Trump is losing ground on one of his top priorities—the economy—according to two recent polls that found his handling of…