federal holds interest rates steady for first time since July
Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee in Washington, DC, on January 28, 2026. Jonathan Ernst/Reuters
Trump’s Tariff Strategy Backfires as China Diversifies Export Markets
President Trump’s tariff strategy against China appears to be having unintended consequences, as Beijing shifts its focus away from U.S. consumers and increases exports to other markets. In September, Chinese shipments to the U.S. fell by 27%, marking a continued decline, while overall exports rose by 8.3%, the highest total recorded this year, driven by […]