After Cordial Xi-Trump Summit, China's Dollar Pivot Raises Stakes for Washington
China quietly reduces US Treasury holdings while expanding the yuan's global reach, raising questions after the Xi-Trump summit about financial decoupling risks
Economy & Finance News
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Trump's Red Dye Diesel Order: Tax-Free Fuel or Hidden Tax Bill?
Trump's executive order expands tax-exempt red dye diesel use, but industry warns of lingering tax liabilities and logistical risks.
Warren Buffett's Farewell Letter Sparks $10 Million Portfolio Strategy as Dividend Picks Gain Attention
Warren Buffett's farewell letter and recent investment advice are driving new interest in dividend stocks and long-term strategies amid market uncertainty.
Iran's Currency Plummets to Record Low as War and Blockade Devastate Economy
Iran's rial hits a record low of 3 million per euro as U.S. blockade and war choke oil exports, fueling 90% inflation and economic freefall.
Ford CEO Jim Farley Says AI Will 'Companion' Skilled Trades, Not Replace Them
Ford CEO Jim Farley warns of a skilled trades crisis, launches a $2B initiative with Jamie Dimon, and says AI will aid—not replace—blue-collar workers.
Alaska Airlines to Join American's Atlantic and Pacific Joint Ventures
Alaska Airlines announces plans to join American's Atlantic and Pacific joint businesses, expanding global reach and seeking DOT approval.
Social Security 2027 COLA Forecast Drops to 3.5% as Trump Policies Fuel Inflation
Social Security's 2027 COLA is projected at 3.5%, the sixth-largest since 1993, driven by Trump tariffs and the Iran war. Here's what retirees need to know.
One Big Beautiful Bill Act Impacts Intensify as New Medicaid and SNAP Changes Loom
A year after the One Big Beautiful Bill Act became law, SNAP and Medicaid cuts are hitting Southern states hard, with more changes set for late 2026 and 2027.
Polish MP's 224,000 Złoty Pension Highlights Stark Divide in Retirement System
Polish MP Tomasz Zimoch's 224,200 zł annual pension sparks debate as ZUS data reveals record highs and grosz-level lows, underscoring retirement inequality.
Diesel Hits Record $6.40 a Gallon as Middle East Conflicts Squeeze Global Supply
Diesel prices hit a record $6.40 a gallon, up 77 cents since September, as Middle East wars disrupt crude and refining capacity, threatening consumer prices.
National Cheeseburger Day 2026: Five Guys, Burger King Lead BOGO Deals
Five Guys BOGO burgers through Sept. 18, Burger King free cheeseburgers, and free Kraft cheese from Andy Reid headline National Cheeseburger Day 2026.
State Pension Forecast Check: 7 Million Brits Have Never Checked as Payments Set to Top £13,000
Almost 7 million UK adults have never checked their state pension forecast, HMRC reveals, as the full new state pension is set to exceed £13,000 next year.