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Percentage of 'thriving' employees shrinks: Gallup

According to Gallup, the share of US and Canadian employees who have personally “prospered” in their lives in 2024 is Report published on Wednesday. The Global Workplace Status: 2025 Report, which includes data for 2024, states that 52% of employees in the US and Canada have been “prospering” since 56% in 2023. The four-point decline […]

Trump signals shift in tone on China tariffs

President Trump on Wednesday attempted to thwart the trade war with China, acknowledging that the 145% obligation he slapped in Beijing is “very high” and that he is optimistic that he could sign a contract with President Xi Jinping in the US market. “We’re dealing with a lot of countries now and we could be […]

China sends back Boeing planes amid increased tariffs

Boeing CEO Kelly Ortberg said the company is working with China to retrieve the planes it sent to the country amid the rise in tariff war between China and the US. Autoberg said in an Interview with CNBC Boeing has three planes “ready for delivery” to China. Two of them had already been returned, but […]

Student loan borrowers at risk of garnished wages: What to know

Default student loan borrowers will need to plan in the coming weeks as the Trump administration plans to resume unwilling collections for those who missed payments. Five years later, the Ministry of Education announced on Monday that it had defaulted or people who had not paid loans for more than 270 days. The change is […]

Trump to attend dinner with top holders of his meme coin

President Trump will attend his top holder, token dinner next month Official website announced Wednesday. Dinner with the president will be available to the top 220 owners of Trump, a meme coin he announced just before taking office in January. The event, scheduled for May 22 at a Trump golf club near Washington, D.C., is […]

Renting more affordable than buying in US largest metros: Study

It’s cheaper to be a tenant than paying a mortgage in the country’s biggest city these days Bankrate Research Found. Consumer Financial Services Companies compared average monthly mortgage payments to the average monthly rents for the 50 major US Metros in 2025, including insurance and taxes. The study found that among all types of homes, […]

US has ‘opportunity for a big deal’ with China: Bessent

Treasury Secretary Scott Bescent said Wednesday there is an opportunity to trade with China by softening the Trump administration’s trade stance that has led to huge market rallies over the past two days. “There’s a great opportunity here,” he said. Such transactions are based on an increase in domestic production in the US and a […]

China stresses 'equality, respect' amid Trump optimism on trade deal

China on Wednesday emphasized that “equality, respect” is the most important factor in debates with the US, in optimism about President Trump reaching a new trade deal between the two biggest economies in the world. Guo Zi-Kung, a spokesman for China’s Foreign Ministry, said the intensification of the trade war between Beijing and Washington would […]

Musk says China's blocking of rare earth magnets will hit Tesla humanoid robots

Tesla CEO Elon Musk said on Tuesday that China’s decision to block rare earth magnet exports in response to President Trump’s tariffs would slow the production rate of the company’s Optimus robots, which are set to perform daily human functions. Mask said that rare earth magnets on the robot’s arms are needed to allow machines […]