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Economic News

EU Lawmakers Stall US Trade Deal in Protest Over Greenland 

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21 January 2026
The European Parliament has decided to suspend its work on the European Union's trade deal with the United States in protest at President Donald Trump's demands to acquire Greenland and threats of tariffs on European ‍allies who oppose his plan.
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OpenAI Seeks to Increase Global AI Use in Everyday Life 

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21 January 2026
OpenAI is expanding its efforts to convince global governments to ⁠build more data centers and encourage greater usage of artificial intelligence in areas such as education, health and disaster preparedness.
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Supreme Court Considers Trump's Bid to Fire Fed's Lisa Cook

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21 January 2026
The U.S. ⁠Supreme Court is set on Wednesday to consider President Donald Trump's unprecedented attempt to fire Federal Reserve Governor Lisa Cook in a case that tests how far the justices may be willing to go to preserve the central bank's independence.The case represents...
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Bessent: 'Grow Baby, Grow' Is US G20 Priority

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21 January 2026
Growth is going to be the priority of the United States' presidency of the Group of ⁠20 industrialized nations, Treasury Secretary ​Scott Bessent said Wednesday.
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Economist Poll: Fed to Hold Rates Through March

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21 January 2026
The U.S. Federal Reserve will hold its key interest rate through this quarter and possibly until ⁠Chair Jerome Powell's tenure ends in May, according to a majority of economists polled by Reuters, a shift from last month when most expected at least one cut by...
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Wall Street Seeks to Shape Trump Affordability Plan

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21 January 2026
Major Wall Street banks are pushing back on some of President Donald Trump's ideas for lowering the U.S. cost of living ahead of mid-term elections, while suggesting others in an effort to shape policy, sources familiar with the discussions said.
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More Articles …

  1. China's investment crash raises credit risks for homebuilders, banks, government: Fitch
  2. UK inflation rises to 3.4% in December, above forecasts
  3. China says trade deal with U.S. will 'drain Taiwan’s economy' for American benefits
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