#economic-policy
#economic-policy

1 day ago

Europe news

Any trade deal with US must be based on respect not threats', says EU commissioner

Europe politics

Can EU secure swift trade pact with Trump like China, UK? DW 05/16/2025

fromwww.twincities.com

US politics

You called me. No you called ME. Before US-China meeting, nations each say the other wanted talks

US politics

China blinked - and Trump clearly won the first round of his tariff war

US politics

He Lifeng, the trusted aide to Xi Jinping who broke the trade deadlock

Europe news

1 day ago

Any trade deal with US must be based on respect not threats', says EU commissioner

EU trade chief insists on respect in trade talks amid Trump's tariff threats.

Trump's dissatisfaction with EU trade negotiations leads to threats of high tariffs.

Europe politics

Can EU secure swift trade pact with Trump like China, UK? DW 05/16/2025

EU intensifies trade talks with US to avoid a 20% tariff on exports.

fromwww.twincities.com

You called me. No you called ME. Before US-China meeting, nations each say the other wanted talks

The dispute over who initiated contact symbolizes broader power dynamics in U.S.-China trade negotiations.

China blinked - and Trump clearly won the first round of his tariff war

Trump's temporary reduction of tariffs on China reflects a strategic pause despite a strong domestic economic position.

US politics

He Lifeng, the trusted aide to Xi Jinping who broke the trade deadlock

more#trade-negotiations

#trump-administration

Tax cuts and mass deportations: what to know about Trump's big, beautiful' spending bill

Trump's Big Beautiful Bill makes tax cuts permanent and raises the standard deduction until 2028.

Reporter Grills Trump Adviser on Deals' He Promised: It's Been Two Months'

Trade deal progress under Trump is lagging despite earlier promises and ongoing tariffs.

States Where Trump Has the Highest -- and Lowest -- Approval Ratings

Trump's national approval ratings are historically low, yet he maintains support in several states.

Economic turmoil and controversy define Trump's second term, with mixed public opinion across the country.

'Big, beautiful' bill battle ignores the real issue: crippling US debt

Federal borrowing concerns remain amidst the debate over tax cuts and spending under the 'big, beautiful' bill.

Tech industry

Fact-checking Trump's claim of securing $10 trillion in investments for US

The White House reports $5.1 trillion in investments, but experts warn that only $2.1 trillion may actually materialize.

fromBoston.com

House Republicans pass Trump's big bill of tax breaks and program cuts after all-night session

House Republicans passed a multitrillion-dollar tax breaks package, overcoming skepticism to push forward President Trump's agenda.

Tax cuts and mass deportations: what to know about Trump's big, beautiful' spending bill

Trump's Big Beautiful Bill makes tax cuts permanent and raises the standard deduction until 2028.

Reporter Grills Trump Adviser on Deals' He Promised: It's Been Two Months'

Trade deal progress under Trump is lagging despite earlier promises and ongoing tariffs.

States Where Trump Has the Highest -- and Lowest -- Approval Ratings

Trump's national approval ratings are historically low, yet he maintains support in several states.

Economic turmoil and controversy define Trump's second term, with mixed public opinion across the country.

'Big, beautiful' bill battle ignores the real issue: crippling US debt

Federal borrowing concerns remain amidst the debate over tax cuts and spending under the 'big, beautiful' bill.

Tech industry

Fact-checking Trump's claim of securing $10 trillion in investments for US

The White House reports $5.1 trillion in investments, but experts warn that only $2.1 trillion may actually materialize.

fromBoston.com

more#trump-administration

House Republicans pass Trump's big bill of tax breaks and program cuts after all-night session

House Republicans passed a multitrillion-dollar tax breaks package, overcoming skepticism to push forward President Trump's agenda.

U.S. and China begin talks amid tensions over Trump's tariff war

U.S. and China engage in first face-to-face trade talks since Trump's tariffs, aiming to resolve significant trade tensions.

Trump threatens the European Union with 50% tariffs starting June 1

Trump has escalated trade tensions with the EU, suggesting 50% tariffs amid distortions of trade facts and history.

Fed Holds Interest Rates Steady in Defiance of Trump's Call for a Cut-What It Means for Mortgage Rates

The Federal Reserve maintained its key interest rate in defiance of President Trump's pressure for lower borrowing costs.

US Elections

fromFast Company

These 12 states are taking Trump to court over his 'Liberation Day' tariffs

Twelve states challenge Trump's import tariffs, claiming he exceeded his authority and created economic instability.

When Policymakers Ignore Economists' Warnings the Results Have Historically Been Catastrophic

Basing economic policy on ideology rather than sound analysis leads to disaster, evidenced by concerns over Trump's tariffs.

fromBusiness Matters

US and China agree 90-day tariff truce in bid to ease trade tensions

The US and China agreed to a 90-day suspension of punitive trade tariffs, potentially easing tensions between the two nations.

fromwww.npr.org

U.S. and China begin talks amid tensions over Trump's tariff war

U.S. and China engage in first face-to-face trade talks since Trump's tariffs, aiming to resolve significant trade tensions.

Trump threatens the European Union with 50% tariffs starting June 1

Trump has escalated trade tensions with the EU, suggesting 50% tariffs amid distortions of trade facts and history.

Fed Holds Interest Rates Steady in Defiance of Trump's Call for a Cut-What It Means for Mortgage Rates

The Federal Reserve maintained its key interest rate in defiance of President Trump's pressure for lower borrowing costs.

US Elections

fromFast Company

These 12 states are taking Trump to court over his 'Liberation Day' tariffs

Twelve states challenge Trump's import tariffs, claiming he exceeded his authority and created economic instability.

When Policymakers Ignore Economists' Warnings the Results Have Historically Been Catastrophic

Basing economic policy on ideology rather than sound analysis leads to disaster, evidenced by concerns over Trump's tariffs.

fromBusiness Matters

US and China agree 90-day tariff truce in bid to ease trade tensions

The US and China agreed to a 90-day suspension of punitive trade tariffs, potentially easing tensions between the two nations.

Opinion: There's a simple solution to child poverty: Expand the child tax credit

The child tax credit (CTC) is an essential tool in reducing child poverty, showing dramatic success in its expanded form.

NYC parents

Opinion: There's a simple solution to child poverty: Expand the child tax credit

The child tax credit is a critical anti-poverty tool that needs expansion to effectively support the poorest families.

NYC parents

fromThe Mercury News

Opinion: There's a simple solution to child poverty: Expand the child tax credit

The child tax credit (CTC) is an essential tool in reducing child poverty, showing dramatic success in its expanded form.

NYC parents

Opinion: There's a simple solution to child poverty: Expand the child tax credit

The child tax credit is a critical anti-poverty tool that needs expansion to effectively support the poorest families.

more#child-tax-credit

#pensioners

UK politics

Keir Starmer confirms U-turn on winter fuel payment cuts

UK politics

Badenoch says she can't commit to winter fuel payments in full

UK politics

Labour to review giving more pensioners winter fuel payments

UK politics

Keir Starmer confirms U-turn on winter fuel payment cuts

UK politics

Badenoch says she can't commit to winter fuel payments in full

UK politics

Labour to review giving more pensioners winter fuel payments

Bitcoin's Quiet Rally: The Real Reasons Behind its Record Push | HackerNoon

Bitcoin's current rise signals a shift from speculative-driven peaks to a more structurally grounded market.

Current market dynamics suggest a longer-lasting Bitcoin rally driven by macroeconomic shifts and institutional involvement.

fromSlate Magazine

Trump and Republicans' Tax Bill Will Redistribute Wealth Upwards

House tax bill raises significant economic concerns, predicted to reshape fiscal landscape.

DOJ's targeted investigations seen as intimidation tactic against dissenting officials.

Heritage Foundation's Project Esther signals potential suppression of dissent through accusations.

#medicaid

Right-wing politics

GOP's Medicaid trims won't tame the beast - here's how to restore sanity

fromEater

US politics

Cutting Food Stamps Isn't Just Cruel, It's Also Bad Economic Policy

Right-wing politics

GOP's Medicaid trims won't tame the beast - here's how to restore sanity

fromEater

US politics

Cutting Food Stamps Isn't Just Cruel, It's Also Bad Economic Policy

Startup companies

Stock Market Live May 22: Debt Up, S&P 500 (VOO) Down

Retirement

Live S&P 500 (NYSEARCA: SPY): Markets Pull Back as Interest Rates Steal Focus

UK news

Market cautious with mixed sector performance - London Business News | Londonlovesbusiness.com

Startup companies

Stock Market Live May 22: Debt Up, S&P 500 (VOO) Down

Retirement

Live S&P 500 (NYSEARCA: SPY): Markets Pull Back as Interest Rates Steal Focus

UK news

Market cautious with mixed sector performance - London Business News | Londonlovesbusiness.com

more#stock-market

#california

Los Angeles

Elias: Newsom's plan to save California film, TV industry deserves OK

fromThe New Yorker

Healthcare

What Casey Means and MAHA Want You to Fear

Los Angeles

Elias: Newsom's plan to save California film, TV industry deserves OK

fromThe New Yorker

Healthcare

What Casey Means and MAHA Want You to Fear

What the No Tax on Tips' Bill Means for Workers and Businesses

Senate passes No Tax on Tips Act, exempting up to $25,000 in tips from taxes for American service workers.

US politics

Here are the winners and losers in the Republican tax bill

The new tax plan favors wealthy Americans and business investors, while targeting immigrants and elite universities.

NYC politics

What the No Tax on Tips' Bill Means for Workers and Businesses

Senate passes No Tax on Tips Act, exempting up to $25,000 in tips from taxes for American service workers.

US politics

Here are the winners and losers in the Republican tax bill

Democrats let 'no tax on tips' pass the Senate. That doesn't mean they actually back Trump's campaign promise.

Bipartisan support for the "No Tax on Tips" bill emerged unexpectedly, with concerns about fairness and the tip economy raised by some Democrats.

#journalism

UK's Starmer suggests that a policy which denied retirees fuel subsidies will be changed

The Independent emphasizes the importance of accessible journalism amid critical social issues.

UK politics

Labour to reverse winter fuel payment cuts - who will be eligible?

UK's Starmer suggests that a policy which denied retirees fuel subsidies will be changed

The Independent emphasizes the importance of accessible journalism amid critical social issues.

UK politics

Labour to reverse winter fuel payment cuts - who will be eligible?

more#journalism

#labour-party

It's the great immigration experiment. But will Starmer test Labour to destruction? | Polly Toynbee

Labour's immigration plan seeks to counter cheap labor but may create backlash and stress the care sector.

Keir Starmer to announce new measures to tighten-up' immigration system UK politics live

Labour's immigration white paper marks a significant policy shift, challenging decades of the party's stance on immigration's economic benefits.

UK politics

Starmer's winter fuel U-turn seeks to calm Labour nerves

UK politics

Our 5bn disability benefits cut will stop welfare state collapsing, says Kendall

UK politics

Starmer says the Tories are heading into 'brain dead oblivion' - London Business News | Londonlovesbusiness.com

It's the great immigration experiment. But will Starmer test Labour to destruction? | Polly Toynbee

Labour's immigration plan seeks to counter cheap labor but may create backlash and stress the care sector.

Keir Starmer to announce new measures to tighten-up' immigration system UK politics live

Labour's immigration white paper marks a significant policy shift, challenging decades of the party's stance on immigration's economic benefits.

UK politics

Starmer's winter fuel U-turn seeks to calm Labour nerves

UK politics

Our 5bn disability benefits cut will stop welfare state collapsing, says Kendall

UK politics

Starmer says the Tories are heading into 'brain dead oblivion' - London Business News | Londonlovesbusiness.com

more#labour-party

#inflation

Berlin food

Food inflation: Families warned of hike in food bills after surge in prices paid to farmers

Rising prices paid to farmers are driving increased food costs for consumers, with beef up 40% and milk up 18% over the past year.

Fed Warns Interest Rates Could Remain Higher for Longer

Higher long-term interest rates are expected due to volatile inflation, signaling no near-term mortgage rate relief for homebuyers.

Europe news

Tracker mortgage holders on alert as doubt cast over expected ECB rate cut next month

UK politics

Inflation soars to its highest level in a fresh blow to the Chancellor - London Business News | Londonlovesbusiness.com

fromwww.housingwire.com

US politics

Fears of inflation didn't materialize in April, but all eyes will be on the May report

Berlin food

Food inflation: Families warned of hike in food bills after surge in prices paid to farmers

Rising prices paid to farmers are driving increased food costs for consumers, with beef up 40% and milk up 18% over the past year.

Fed Warns Interest Rates Could Remain Higher for Longer

Higher long-term interest rates are expected due to volatile inflation, signaling no near-term mortgage rate relief for homebuyers.

Europe news

Tracker mortgage holders on alert as doubt cast over expected ECB rate cut next month

UK politics

Inflation soars to its highest level in a fresh blow to the Chancellor - London Business News | Londonlovesbusiness.com

fromwww.housingwire.com

US politics

Fears of inflation didn't materialize in April, but all eyes will be on the May report

more#inflation

#us-credit-rating

Stock markets drop after US credit rating downgraded by Moody's business live

Moody's downgraded US government debt to Aa1, citing rising national debt and increased interest payments as critical factors.

fromBusiness Insider

US politics

Ray Dalio says the Moody's rating downgrade understates the risks of US debt

Stock markets drop after US credit rating downgraded by Moody's business live

Moody's downgraded US government debt to Aa1, citing rising national debt and increased interest payments as critical factors.

fromBusiness Insider

US politics

Ray Dalio says the Moody's rating downgrade understates the risks of US debt

more#us-credit-rating

UK news

fromIndependent

John Downing: What's the new EU-UK deal on Brexit all about?

Keir Starmer's framework deal with Brussels is criticized by Brexiteers but may enhance UK's economic ties with the EU.

World politics

Trump's tariffs are failing, but the old model won't save us either

Trade wars do not benefit workers and a new economic framework is needed for sustainable growth.

Retirement

Social Security could be stabilized by taxing high earners more - is eliminating the payroll cap the answer?

The Social Security trust fund is projected to become insolvent by 2035 without significant reforms.

It's not a rich list it's gone far beyond that. We need to talk about extreme wealth' | Dhananjayan Sriskandarajah

The Hinduja family's wealth highlights the growing wealth inequality in the UK, with an extreme gap between the rich and the average person.

Trump's big, beautiful bill' at a crucial juncture

Proposed bill seeks to extend 2017 tax cuts while slashing social programs, risking national debt increases and reduction of assistance.

America faces a summer of smaller raises - and fewer jobs

The U.S. labor market shows signs of deterioration despite low unemployment and healthy job growth.

UK news

UK economy under threat thanks to Chancellor's 'rise in employer national insurance' - London Business News | Londonlovesbusiness.com

fromBusiness Insider

America faces a summer of smaller raises - and fewer jobs

The U.S. labor market shows signs of deterioration despite low unemployment and healthy job growth.

UK news

UK economy under threat thanks to Chancellor's 'rise in employer national insurance' - London Business News | Londonlovesbusiness.com

more#unemployment

#immigration

There's only one problem with Labour's immigration plans: they're completely untethered from reality | Jonathan Portes

The notion that reducing immigration will boost UK's growth is contradicted by evidence showing migrants earn more and contribute positively to GDP.

Right-wing politics

Barabak: Is there a middle ground on immigration? This Republican thinks so

Bob Worsley advocates for a balanced, welcoming immigration policy that contrasts sharply with current MAGA Republican attitudes.

There's only one problem with Labour's immigration plans: they're completely untethered from reality | Jonathan Portes

The notion that reducing immigration will boost UK's growth is contradicted by evidence showing migrants earn more and contribute positively to GDP.

Right-wing politics

Barabak: Is there a middle ground on immigration? This Republican thinks so

Bob Worsley advocates for a balanced, welcoming immigration policy that contrasts sharply with current MAGA Republican attitudes.

more#immigration

UK news

US reportedly plans to slash bank rules imposed to prevent 2008-style crash

US regulators are likely to reduce bank capital rules, raising concerns of financial instability akin to the 2008 crisis.

fromwww.cbc.ca

Ontario to spend hundreds of millions to boost alcohol sector | CBC News

"The new supports are part of the budget tabled Thursday that will see a $14.6-billion deficit as the province spends money to counteract the trade war with U.S. President Donald Trump."

Toronto startup

fromwww.cbc.ca

Ontario, Manitoba agree to boost interprovincial trade, facing U.S. tariff crunch | CBC News

"We're facing a tariff war on two fronts and now is the time to build up this country we love so much," Kinew said in the release. "Through this agreement with Ontario, we will unlock more economic opportunities for people in both provinces. As premiers, we are all working toward the common goal of powering our Canadian economy toward the future."

Canada news

Germany politics

Germany's Merz presents agenda in first Bundestag address DW 05/14/2025

Chancellor Friedrich Merz urges Germans to work harder and smarter to regain competitiveness.

SF politics

Opinion: How other states are protecting their core services amid budget cuts

California faces budget negotiations amid a significant shortfall and growing needs driven by economic pressures, requiring urgent and fair leadership in policymaking.

After chaos of the Yoon era, South Korea prepares to pick a new president

the political focus has shifted from an impeachment crisis to economic policy ahead of next month's presidential election.

US Elections

How President Donald Trump Could Support Working Class Voters

Trump's support among voters without college degrees rose to 56% in 2024, significantly influencing his election victory.

US politics

The Guardian view on Trump's leftward lurch: the lunatics' are running the right | Editorial

How President Donald Trump Could Support Working Class Voters

Trump's support among voters without college degrees rose to 56% in 2024, significantly influencing his election victory.

US politics

The Guardian view on Trump's leftward lurch: the lunatics' are running the right | Editorial

US news

A major toy manufacturer is already nervous about Trump tariffs for holiday season

Washington Nationals

Trump team, China report 'progress' following trade talks DW 05/11/2025

fromEntrepreneur

US news

How Will the China Tariff Trade Deal Affect Prices? | Entrepreneur

fromwww.npr.org

A major toy manufacturer is already nervous about Trump tariffs for holiday season

The temporary tariff reduction has motivated U.S. companies to ramp up imports, but uncertainty persists amidst fluctuating trade policies.

Washington Nationals

Trump team, China report 'progress' following trade talks DW 05/11/2025

Washington and Beijing reported optimism over trade talks in Geneva, with substantial progress and hopeful leaders.

fromEntrepreneur

US news

How Will the China Tariff Trade Deal Affect Prices? | Entrepreneur

more#us-china-relations

#trump

fromThe Atlantic

US politics

Will the 'Neoliberalism' Debate Ever End?

US news

Trump Recommends NY Post Editor Take Over WSJ in Scathing Attack: It's an Easy Move for Rupert'

fromThe Atlantic

US politics

Will the 'Neoliberalism' Debate Ever End?

US news

Trump Recommends NY Post Editor Take Over WSJ in Scathing Attack: It's an Easy Move for Rupert'

How an Election Denier Became the U.S. Treasurer

Brandon Beach, a Georgia Senator, mishandled COVID-19 exposure, highlighting individual responsibility amid accountability in politics.

Reeves's Mansion House accord on pension funds is long on virtue-signalling | Nils Pratley

The commitment is subject to fiduciary duty and consumer duty, meaning investments will prioritize return over patriotic sentiment unless government structures align favorably.

UK politics

NYC real estate

The Fed Holds Interest Rates Steady-a Move That's 'Just Right'

The Fed holds rates steady amidst inflation and employment risks, signaling caution in economic policy decisions.

Social justice

fromSan Jose Spotlight

Bramson: What does quality of life really mean when we're all suffering? - San Jose Spotlight

Poor populations are disproportionately affected in economic downturns, facing punitive measures instead of support.

Germany politics

What lies ahead for the new German government? DW 05/10/2025

The new coalition in Germany reflects a shift towards center-right policies, emphasizing economic strength and migration control amidst resistance from the SPD to significant changes.

NYC politics