South Korea Exports Continue to Surge on AI-Related Demand
South Korea’s exports surged again in April, driven by semiconductor shipments, signaling resilience in the trade-dependent economy despite geopolitical risks […]
Finance
President Trump said he would remove tariffs on products associated with whisky from the United Kingdom, saying King Charles III had persuaded him to lift the levies
The president credited the British royals for persuading him to lift the levies. Source link
Four Things to Know About Trump’s New Retirement Plan Order
There is growing bipartisan support for expanding uptake of retirement-savings plans. Source link
U.S. economic growth picked up in the first quarter as businesses invested heavily in AI, rebounding from a fourth quarter dented by a government shutdown
Gross domestic product grew at a 2% rate in the first quarter, rebounding from a fourth quarter dented by a
How Reporting on Divorce Changed the Way I Think About It
Hearing exes’ reflections helped me see more of the good that can sometimes come from splitting up. Source link
U.S. Leading Indicators Forecasts Further Slowdown
The Conference Board’s Leading Economic Index declined by 0.6% in March, reversing a February increase. Source link
Canada Economy Returns to Growth, Though Activity Cools in March
Canada’s economy rebounded in the first quarter despite signs activity tailed off in March even with a spike in energy
Iran War Lifts Fed’s Targeted Inflation Metric
Higher energy prices ratcheted up the Federal Reserve’s preferred measure of inflation in March, illustrating why plans for further rate
The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold
Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.
U.S. Jobless Claims Fell Last Week
U.S. jobless claims fell more than expected last week as layoffs remained contained despite cooling job growth. Source link