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Economic News

Scott Bessent to Newsmax: Fed Losing $1B a Year, Needs Accountability

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19 January 2026
The uprooting of waste, fraud, and abuse by the Trump administration has made its way to the Federal Reserve and potential ethics violations of myriad board members, according to Treasury Secretary Scott Bessent.
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London Stocks Fall After Trump Issues Tariff Threat to European Nations

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19 January 2026
London shares fell on Monday after President Donald Trump threatened ‍tariffs on Britain and seven other European nations unless the U.S. ‍was allowed to buy Greenland, rattling investors and undermining recent trade agreements.
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Europe weighs using trade 'bazooka' against the U.S. as Greenland crisis deepens

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19 January 2026
European countries are reportedly considering retaliatory tariffs and wider economic counter-measures against the U.S.
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China fourth-quarter growth slows to 4.5%, weakest in nearly three years as consumption misses forecasts

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19 January 2026
China's economic growth slowed to the weakest level in nearly three years in the fourth quarter as retail sales fell to the lowest level since late 2022.
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Oil Prices Steady as Ebbing Iranian Protests Lower Chance of US Attack

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19 January 2026
Oil prices were little changed on Monday, after rising in the ⁠previous session, as Iran's deadly crackdown on protests quelled the civil unrest in the country, reducing the chance of a U.S. attack on the major Middle Eastern producer that could disrupt supplies.
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China's Population Falls for a Fourth Consecutive Year

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19 January 2026
China's population fell for a ⁠fourth consecutive year in 2025, dropping by 339 million to 1.405 billion, a faster decline than 2024, official data showed Monday.
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  1. What the U.S.-Taiwan deal means for the island's 'silicon shield'
  2. Dick Morris to Newsmax: Trump Delivering 'Extraordinary' Economy
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