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U.S. Imposes New 10% to 12.5% Tariffs on Key Trading Partners Targeting Forced Labor
Posted inEconomy

U.S. Imposes New 10% to 12.5% Tariffs on Key Trading Partners Targeting Forced Labor

Discover how new US tariffs of up to 12.5% target global forced labor and establish a permanent trade framework following a key Supreme Court ruling.
Posted by Prasenjit Bhowmik July 24, 2026
Singapore's GIC Reports Lowest Five-Year Return Since 2013 Amid Bond Drag and Early De-risking
Posted inMarket

Singapore’s GIC Reports Lowest Five-Year Return Since 2013 Amid Bond Drag and Early De-risking

Discover how early de-risking and a weak bond market led to GICs lowest five-year return in a decade despite keeping the US as its top market.
Posted by Prasenjit Bhowmik July 24, 2026
Mortgage Rates Surge to 6.58%, Hitting Highest Level in Nearly a Year Amid Inflation and Geopolitical Pressures
Posted inEconomy

Mortgage Rates Surge to 6.58%, Hitting Highest Level in Nearly a Year Amid Inflation and Geopolitical Pressures

US mortgage rates have climbed to their highest point in nearly a year driven by rising Treasury yields and geopolitical tensions.
Posted by Prasenjit Bhowmik July 24, 2026
South African Deputy Finance Minister Resigns as Chair of $220 Billion Pension Fund
Posted inBusiness Insights

South African Deputy Finance Minister Resigns as Chair of $220 Billion Pension Fund

Pretoria, South Africa — South Africa's Deputy Finance Minister officially resigned from his post as chairman of the state-owned asset manager overseeing $220 billion in government pensions, stepping down just…
Posted by Prasenjit Bhowmik July 24, 2026
Japan Consumer Inflation Accelerates in June, Strengthening Case for Bank of Japan Rate Hikes
Posted inEconomy

Japan Consumer Inflation Accelerates in June, Strengthening Case for Bank of Japan Rate Hikes

Rising oil and food costs pushed Japan inflation up in June, boosting the Bank of Japan case for raising interest rates to normalize the economy.
Posted by Prasenjit Bhowmik July 24, 2026
Social Security COLA Forecast to Rise to 3.8% in 2027 Amid Persistent Inflation
Posted inEconomy

Social Security COLA Forecast to Rise to 3.8% in 2027 Amid Persistent Inflation

Social Security recipients across the United States could see a 3.8% Cost-of-Living Adjustment (COLA) in 2027 as persistent inflation continues to pressure household budgets, according to a report released by…
Posted by Prasenjit Bhowmik July 23, 2026
One Year Later: Manufacturing Group Reports Record Job Growth and Investment Under 2025 Tax Law
Posted inEconomy

One Year Later: Manufacturing Group Reports Record Job Growth and Investment Under 2025 Tax Law

The National Association of Manufacturers released a 50-state economic report on Tuesday, revealing that the 2025 tax reform law has protected millions of jobs and spurred substantial industrial investment across…
Posted by Prasenjit Bhowmik July 23, 2026
South Korea's Q2 GDP Beats Expectations on AI-Driven Semiconductor Surge
Posted inEconomy

South Korea’s Q2 GDP Beats Expectations on AI-Driven Semiconductor Surge

South Korea’s economy expanded by a seasonally adjusted 0.6% in the second quarter of this year, surpassing market expectations as a global boom in artificial intelligence (AI) technology fueled a…
Posted by Prasenjit Bhowmik July 23, 2026
Trump Prepares New Tariff Wave Following Supreme Court Trade Ruling
Posted inEconomy

Trump Prepares New Tariff Wave Following Supreme Court Trade Ruling

WASHINGTON — President Donald Trump is preparing to implement a sweeping new round of import tariffs to replace his previous trade agenda, which was recently dismantled by a landmark Supreme…
Posted by Prasenjit Bhowmik July 22, 2026
U.S. Import Prices Post Unexpected Rise in June, Signaling Persistent Global Inflationary Pressures
Posted inEconomy

U.S. Import Prices Post Unexpected Rise in June, Signaling Persistent Global Inflationary Pressures

Discover why a surprise rise in June US import prices signals persistent global inflation and what this means for the economy and trade.
Posted by Prasenjit Bhowmik July 19, 2026

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