Indiana Pension System Divesting From Hong Kong
The Indiana Public Retirement System is divesting from holdings in Hong Kong worth almost $170 million, more than two years after lawmakers banned investments in Chinese interests.
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Economic Report Shows Mixed Outlook, Inflation Worries Continue
Prices and inflation continued to grow in September as the cost of rent and some other services shrank, adding to an unclear financial outlook as the United States enters the holiday shopping season.
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US Businesses Legally Challenge Trump’s Tariff Authority
People on both sides of a legal challenge to Pres. Donald Trump’s tariff authority warn that survival is on the line in the high-profile case pending before the U.S. Supreme Court.
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Goldman Sachs: US Consumers To Pay 55% Of Tariff Costs
U.S. consumers will end up paying the bulk of the cost for Pres. Donald Trump’s tariffs, according to a report from Goldman Sachs.
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Amid China Embargo, Trump Plans Soybean Aid Package
Treasury Secretary Scott Bessent said Thursday, Oct. 2 that an announcement of “substantial support” for farmers could come as soon as Tuesday.
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Taiwan Pledges To Buy $6B Of US Soybeans, Corn
Indiana farm leaders are looking to Taiwan as a new source of stability amid ongoing U.S.-China trade tensions.
Read MoreUS Soybean Farmers Struggle As Brazil Expands Export
U.S. soybean farmers face another tough season as prices sink to multi-year lows and Brazil prepares to expand its dominance in the global market.
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US Ends Duty-Free Rule For Low-Value Imports, Raising Costs
The United States this week is ending duty-free treatment for low-value imports, a change that could raise costs for small businesses and online shoppers while reshaping trade flows.
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US National Debt Tops $37 Trillion
Congress has spent more money than it has collected for the last two decades, allowing the U.S. debt to top $37 trillion for the first time.
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US Trade Deficit Narrows Sharply As Imports Decline
The U.S. trade deficit narrowed sharply in June to its lowest level in nearly two years, as a drop in imports outpaced a smaller decline in exports, according to data released by the Commerce Department.
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Retail Sales Rebound In June Despite Tariff, Inflation Pressures
U.S. consumers boosted their spending in June following a pullback the previous month, offering a reassuring sign for the economy amid ongoing trade tensions and rising inflation.
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Despite Tariffs, Fireworks Retailers Aim To Keep Prices Steady
With Independence Day fast approaching, fireworks retailers and customers alike are navigating potential financial fallout from new tariffs on Chinese imports.
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Indiana Comptroller Elise Nieshalla Launches Reelection Bid
After serving out the rest of another’s term in office, Indiana Comptroller Elise Nieshalla is seeking her own.
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Starbucks To Lay Off 1,100 Corporate Employees, Streamline Operations
Starbucks plans to fire 1,100 corporate employees worldwide as part of a restructuring effort led by its new Chairman and CEO, Brian Niccol.
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Tariffs Could Be Especially Taxing To Manufacturing-Heavy Indiana
Indiana’s manufacturing-heavy economy is especially vulnerable to the potential impact of tariffs announced by the Trump administration and retaliatory tariffs other nations could impose.
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China Is A Poor And Failing Nation
I have long doubted claims of China’s economic and military ascendancy.
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