Economy
The economic situation of American households showed mixed but broadly improved indicators in 2025, with median household income reaching a record level while the official poverty rate declined, according to new data released by the U.S. Census Bureau. Real median household income rose by 2.6% last......
Fuel prices in Morocco are expected to rise again on Wednesday, with diesel remaining more expensive than gasoline as international oil markets continue to face supply pressures. The expected adjustment comes just two weeks after the previous increase. Diesel prices had already risen by 6 centimes per......
The administration of US President Donald Trump has signaled that it is not currently planning to ban exports of crude oil or refined fuels as a way of bringing down rising energy prices in the domestic market. The position comes as high gasoline and diesel costs create increasing political pressure......
Elon Musk's X and xAI have withdrawn their legal claims against Apple, bringing a new development to a dispute that accused the iPhone maker of unfairly favoring OpenAI and restricting competition in the smartphone and artificial intelligence markets. The two companies filed a court document requesting......
Venezuela is set to take part in a meeting of G20 energy ministers in Houston, Texas, marking a notable development in relations between Caracas and Washington as both sides explore new opportunities in the energy sector. The US government said Monday that a Venezuelan delegation would attend the gathering......
The United States recorded a strong trade surplus with Morocco during the first seven months of 2026, while its trade relationship with Algeria moved in the opposite direction, according to data from the US Census Bureau. The figures highlight a significant difference in the structure and scale of Washington’s......
US President Donald Trump has announced plans to eliminate the 15% tariff currently imposed on Irish whiskey, saying he intends to respond to repeated calls for the measure to be removed. Trump made the announcement while attending the conclusion of the Irish Open golf tournament, where he said the......
US President Donald Trump’s proposal to provide a $5,000 payment to every adult American could add more than $1 trillion to the country’s budget deficit and public debt if implemented, according to economist Rob Mellin of the University of South Florida. Mellin, an associate professor in......
Economist Peter Schiff has warned that the United States could face an economic crisis more severe than the 2008 financial meltdown, arguing that the country is now exposed to a much broader asset bubble and significantly higher levels of debt. Speaking in a recent YouTube interview, Schiff said he......
Canadian Prime Minister Mark Carney has reaffirmed Ottawa’s willingness to reach what he described as a fair trade agreement with the United States, while stressing that any future arrangement must protect Canada’s economic interests and provide benefits for both sides. Carney said discussions......
US semiconductor giant Micron Technology is offering exceptionally large bonuses to employees in Taiwan as it seeks to ease growing labor tensions and prevent a potential strike at one of its most important manufacturing hubs. The company announced that employees in Taiwan will receive bonuses for fiscal......
The average price of diesel fuel in the United States has risen above $6 per gallon for the first time, marking a new record as higher crude oil prices and growing geopolitical tensions put additional pressure on the American energy market. According to fuel price tracking data, the sharp increase comes......
The global billionaire rankings have undergone a striking shift, with Americans occupying all 10 positions at the top of Bloomberg’s Billionaires Index for the first time since the agency began publishing the ranking in 2012. The change highlights the growing dominance of U.S. technology companies,......
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