latest news in economy
Trump Counters Supreme Court Defeat With Immediate Plan for New 10% Global Tariff
Washington D.C., Friday, 20 February 2026.
Hours after the Supreme Court struck down his trade policy, Trump invoked Section 122 to reimpose a 10% global tariff, layering new costs atop existing national security duties.
US Becomes Sole Major Market Facing Tourism Decline Amid Stricter Border Policies
Washington, Friday, 20 February 2026.
The U.S. stands as the only major destination witnessing a travel contraction, with Canadian visits plummeting 28 percent in January 2026 due to intensified border scrutiny and policy shifts.
US Economic Growth Slows Sharply to 1.4% Rate as Inflation Pressures Persist
Washington, Friday, 20 February 2026.
Fourth-quarter GDP expanded just 1.4%, significantly missing forecasts, while core inflation defied cooling trends to hold at 3%, creating a challenging policy landscape for the Federal Reserve.
The High Price of Frustration: Americans Lose $165 Billion to the Annoyance Economy
New York, Thursday, 19 February 2026.
Corporations are monetizing your frustration. A new analysis reveals that intentionally difficult cancellation processes and administrative friction cost Americans $165 billion annually, while boosting corporate revenue streams by up to 200%.
