US Economy News

US Economy

Indian-American economist Gita Gopinath is the former Chief Economist of the IMF and currently serves as a Professor of Economics at Harvard.

China Hit Harder Than US by West Asia War: Gita Gopinath Warns of Global Economic Risks

Ashish kumar

The ongoing West Asia conflict has sent shockwaves through global energy markets but contrary to popular belief, it is...

Tariff

Trump Tariff Refunds Begin: Who Benefits from the Largest U.S. Reimbursement Ever?

Ashish kumar

A Rare Policy Reversal with Massive Financial ImpactStarting Monday, thousands of U.S. businesses are entering what could become the...

US Vice President JD Vance with Indian-origin wife Usha Vance.

JD Vance Praises Indian-Origin In-Laws, Flags H-1B Visa Issues and Immigration Reform Needs

Ashish kumar

US Vice President JD Vance praised his Indian-origin in-laws during a public event at the University of Georgia on...

donald trump us jones act waiver fuel price hike iran war

Trump Administration Considers Waiving 100-Year-Old Jones Act to Address Rising Fuel Prices

Thefoxdaily News Desk

The Trump administration is considering temporarily waiving the century-old Jones Act in an effort to ease supply disruptions and...

Trump claims in front of the Supreme Court Justices that tariffs will take the place of income tax

Trump Tells Supreme Court Justices Tariffs Could Replace Income Tax During State of the Nation Address

Thefoxdaily News Desk

US President Donald Trump used his annual State of the Nation address to strongly defend his tariff policy, even...

Donald Trump

Trump Announces Launch of ‘Massive’ $550 Billion US-Japan Trade Deal

Ashish kumar

US President Donald Trump on Tuesday formally announced the launch of what he described as a “massive” $550 billion...

2026 may turn out to be a very uncertain year for H-1B visa holders as the Trump Admin prepares more restrictive rules for the visa programme.

Trump Administration to Add 65,000 H-2B Guest Worker Visas in 2026 to Ease Labor Shortages

Ashish kumar

The administration of US President Donald Trump has announced plans to add approximately 65,000 additional H-2B seasonal guest worker...

Kevin Warsh

Trump Taps Kevin Warsh as Next Fed Chief, Signals Push for Greater Control Over Interest Rates

Thefoxdaily News Desk

US President Donald Trump on Friday nominated former Federal Reserve Governor Kevin Warsh to serve as the next chair...

US Treasury Secretary Scott Bessent attends.

US May Roll Back 25% India Tariffs After Russian Oil Import Cuts: Scott Bessent

Ashish kumar

US Treasury Secretary Scott Bessent has suggested that the Donald Trump-led administration could consider lifting 25% of the 50%...