Trump's $100B Tariff Refunds Spark Push for Consumer Paybacks
The Trump administration has refunded $100 billion in tariffs to businesses, prompting lawmakers to pressure companies to pass savings to consumers rather than boost earnings.
economy
Economy & Finance
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
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Coverage (10689 articles)
Canada's Pacific patrols catch illegal shark finning, dolphin slaughter on high seas
Canadian-led patrols in the North Pacific detected 52 violations of international fishing rules, including illegal shark finning, dolphin killing, and unreported catches. The multi-country enforcement mission aims to deter illegal fishing that threatens marine ecosystems and global seafood markets.
Vietnam's Justice System Strained as Tourism Boom Brings Foreign Crime
Vietnam's Soviet-style criminal justice system faces pressure as tourism surges, creating challenges in handling foreign nationals accused of crimes while the country pursues economic growth.
India Charts Multifaceted Africa Partnership Beyond Colonial Echoes
India proposes renewed engagement with Africa through capacity building, digital connectivity, defense cooperation, and trade, positioning the partnership as a counterweight to neo-colonial approaches by other powers.
Mexico halts avocado exports to US again amid ongoing disputes
Mexican avocado exports to the US have been suspended again, disrupting supply chains and affecting trade between the two nations.
July Payrolls Report Looms as Wall Street Forecasts Diverge Wildly Amid Fed Policy Uncertainty
U.S. July nonfarm payrolls data faces release with Wall Street forecasts ranging from 18,000 to 83,000 jobs, reflecting deep labor market uncertainty and amplified market sensitivity under new Fed Chair Warsh's guidance-free approach.
Late ADHD diagnoses in women spark relief, grief and identity reckoning
Women are increasingly diagnosed with ADHD later in life after decades of misdiagnosis or no diagnosis, with diagnoses in young adult women nearly doubling from 2020-2022. Many report emotional complexity—relief mixed with grief over lost opportunities—and identity recalibration.
Hong Kong becomes hub as Chinese SOEs centralize $1.1T in overseas assets
China's state-owned enterprises are centralizing scattered overseas accounts into unified treasury hubs, with Hong Kong emerging as the preferred consolidation base amid stricter capital controls.
Caris Life Sciences Raises Guidance After Q2 Beat, Margins Expand
Caris Life Sciences beat Q2 expectations with raised full-year guidance, margin expansion, and launched Caris Detect, suggesting continued growth momentum in precision oncology diagnostics.
China Pivots From 'World's Factory' to Exporting Advanced Manufacturing Systems
China is evolving beyond mass manufacturing to export advanced factory systems and technology globally, reshaping its role in international supply chains.
El BCE alerta sobre caída anómala del empleo tecnológico juvenil coincidiendo con auge de la IA
El Banco Central Europeo detecta una caída inexplicable del 18,6% en empleos tecnológicos para jóvenes entre 2023 y 2026, coincidiendo con el despliegue de la IA generativa, aunque reconoce que aún no puede atribuirlo directamente a esta tecnología.
La intervención de EEUU en el yen genera riesgos monetarios inesperados
EEUU imprime dólares para que Japón compre yenes mediante acuerdos de recompra sin precedentes, inyectando liquidez cuando la economía estadounidense ya está desbordada y presionando a la Fed a relajar política monetaria.
Indian Markets Set for Muted Open as Oil Prices Rise, Wall Street Weakens
Indian benchmark indices expected to open flat-to-negative Friday as GIFT Nifty falls 100 points, pressured by rising crude oil prices, weak Wall Street performance, and Middle East geopolitical concerns over Strait of Hormuz shipping.
China's exports surge 23% in July, beating forecasts amid AI infrastructure boom
China's exports jumped 23% in July, beating forecasts, driven by global AI infrastructure buildout and pre-tariff shipping. Imports cooled to 27.5% growth as domestic consumption remains subdued.
Jinan Flange Plate Prices Hold Steady Across Q235B and Q355B Grades
Mysteel reports current flange plate pricing in Jinan market for Q235B and Q355B steel grades with various specifications as of August 7, 2026.
Japan's carmakers bet yen stays near ¥150-160 despite intervention
Japanese automakers are forecasting the yen will remain at ¥150-160 per dollar through March 2027, treating recent U.S.-Japan currency intervention as a stabilizing measure rather than a directional shift.
Humans becoming 'rounding error' as machine traffic set to dwarf human internet use 1000x
Cloudflare predicts non-human traffic will be 1,000x larger than human traffic within five years, driven by AI growth. The company positions itself as an efficiency solution amid massive infrastructure demands.
'Spider-Man: Brand New Day' Sets Box Office Record with Biggest First Week Ever
'Spider-Man: Brand New Day' achieves biggest first week in box office history and fastest film to cross $500M domestically, signaling strong recovery in blockbuster cinema.
Clean Label, GLP-1 and Cultivated Meat Shape Global Food Innovation
Food industry trends show rising consumer demand for clean-label snacks, GLP-1 drug adoption spreading through Asia-Pacific, and cultivated meat gaining regulatory approval globally, while Japan and South Korea invest billions in food-tech dominance.
Japan's households slash spending for seventh straight month despite wage gains
Japanese household spending fell 3.3% year-over-year in June, defying economist forecasts of growth, as persistent inflation erodes consumer confidence despite rising real wages.
Indian shares slip as financial stocks and oil prices pressure markets
Indian equities declined as financial stocks weakened and elevated oil prices pressured the market. The dual headwinds reflect broader economic concerns affecting investor sentiment.
China's machinery exports surge 20% despite global headwinds
China's machinery sector reports 15.9% foreign trade growth in H1 2026, with exports up 20%, driven by technological upgrades and industrial modernization despite geopolitical tensions and tariff disputes.
Hong Kong IPO fundraising surges 154% in first seven months of 2026
Hong Kong's IPO fundraising reached 328.2 billion HKD in the first seven months of 2026, a 154% surge year-over-year, with 104 new listings and record trading volumes signaling strong market recovery.
Asian shares hold steady ahead of US jobs data as oil rallies on Mideast tensions
Asian shares are holding steady ahead of US employment figures, while oil prices climb on Middle East geopolitical tensions. Market sentiment remains cautious as investors await key economic data.