Tag: #economy

PA Humanities Report: Federal Arts Funding Cuts Threaten Pennsylvania's Cultural Sector

Over 90% of PA arts groups face setbacks from Trump administration's funding cuts, risking economic and cultural impacts.

#pennsylvania, #artsfunding, #trumpadministration, #culture, #economy

Japan's Political Landscape Shifts as Ruling Coalition Loses Upper House Majority

Japan's ruling coalition loses House majority for the first time since 1955. Far-right party gains amid economic dissatisfaction.

#japan, #elections, #politics, #economy, #nationalism

Federal Reserve Faces Pressure from Trump Amid Calls for Rate Cut

The Fed navigates political pressure from Trump as economic growth slows, with debates over interest rates and central bank independence intensifying.

#federalreserve, #interestrates, #donaldtrump, #economy

Intensified U.S.-Japan Trade Talks as Tariff Deadline Looms Amid Political Upheaval

U.S.-Japan trade talks intensify as tariff deadline looms, amid Japan's political turbulence, affecting economic stability and bilateral relations.

#usjapantrade, #tariffs, #politicalupheaval, #economy

IMF to Update Global Economic Forecast Amid Trade Tensions

IMF plans economic forecast update, noting improved conditions but ongoing trade tensions affecting stability.

#IMF, #globalgrowth, #trade, #economy, #inflation

IMF Plans to Revise Global Economic Forecast Amid Trade Tensions

IMF to update global economic outlook, highlighting improved conditions yet cautioning trade tensions persist.

#imf, #globalforecast, #tradetensions, #economy

Xi Jinping Warns of Economic Risks from AI and EV Overinvestment

President Xi warns against unchecked AI and EV investments, stressing sustainable growth over GDP-centric policies in China.

#china, #economy, #ai, #ev, #overinvestment

U.S. Beef Prices Soar Amid Supply Chain Challenges and Economic Implications

U.S. beef prices hit record highs due to supply chain issues, affecting consumer habits and economic conditions nationwide.

#beefprices, #usda, #economy, #supplychain, #consumergoods

U.S. Retail Sales Rebound in June 2025, Surpassing Expectations

U.S. retail sales rose 0.6% in June 2025, surpassing forecasts, amid economic uncertainties and inflation pressures.

#economy, #retail, #consumerspending, #tariffs

Federal Reserve Governor Advocates for Rate Cut Amid Economic Concerns

Fed's Christopher Waller urges a rate cut, citing economic slowdown and labor market risks, contrasting with Chair Powell's cautious approach.

#federalreserve, #interestrates, #economy, #christopherwaller, #jeromepowell

Trump Imposes 25% Tariff on Japanese Imports, Escalating Trade Tensions

President Trump announces a 25% tariff on Japanese imports, stirring tensions and impacting Japan's economy ahead of key elections.

#trump, #japan, #tariffs, #trade, #economy

President Trump Considers Firing Fed Chair Powell, Stirring Debate on Central Bank Independence

Trump’s potential removal of Fed Chair Powell intensifies debate on central bank independence and market stability.

#trump, #federalreserve, #jeromepowell, #economy, #politics

U.S. Imposes 25% Tariff on Japanese Imports, Sparking Economic and Diplomatic Tensions

The U.S. imposes a 25% tariff on Japanese imports, leading to economic and diplomatic tensions. Japan responds with emergency economic measures.

#tariffs, #usjapanrelations, #economy, #trump, #trade

Tariffs Drive U.S. Inflation Surge, Impacting Consumers and Economy

June CPI hits 2.7% as tariffs affect prices. Fed holds rates; consumers face higher costs on goods like cars and technology.

#tariffs, #inflation, #economy, #consumerprices, #federalreserve

China's Economic Resilience Amid Second Quarter Growth

China's GDP grows 5.2% in Q2 2025, exceeding expectations. Growth driven by high-tech industries amid trade tensions and property sector challenges.

#china, #economy, #gdp, #trade, #hightech