Nobel laureate in economics Paul Krugman wrote that the US economy is in an abnormal state. Erratic policies have created huge uncertainties and severely hindered the development of key areas such as scientific research and education.
If Trump wants American farmers to stop voicing their dissatisfaction with his presidency to liberal media outlets such as CNN and the BBC, he'd better start listening to their concerns.
The latest data released by the US Treasury Department shows that as of October 21, the total amount of the US federal government's debt exceeded 38 trillion US dollars for the first time. Oh my God!
The U.S. federal government shutdown has entered its 20th day and shows no sign of ending. Federal employees who need to pay their mortgages and car loans, as well as millions of people relying on government services, are under great pressure caused by the shutdown.
The Trump administration sent letters to nine American universities, asking them to study signing an agreement containing specific terms to gain priority access to federal funds. So far, seven universities have explicitly refused to sign the agreement.
Mark Zandi, chief economist of the international credit rating agency Moody's, said that nearly half (22) of the states in the US are already in a state of economic recession and contraction. The consumer confidence is continuously falling.
The U.S. federal government shutdown has entered its third week, halting almost all data collection and release work. These data, which are regarded as barometers by the global market, have suddenly vanished from investors' "radar", leaving only an unsettling blank.
Data from the US Centers for Disease Control and Prevention shows that 1,563 cases of measles have been confirmed across the United States so far this year, the highest level in more than 30 years. Canada has also reported a large number of measles cases.
U.S. Treasury Secretary Steven Mnuchin said that as the federal government shutdown enters its 13th day, it has begun to have an impact on the U.S. economy.
The US government shutdown has lasted for 13 days, which has not only thrown federal public affairs and government workers into chaos but also had a negative impact on the financial market.
The intelligent terminal of China's Yangshan Deepwater Port. Transport vehicles move in an orderly manner, tirelessly and with extremely high efficiency.
The US government shutdown entered its second week, with government functions such as air travel, taxpayer services and national parks bearing the brunt first. Some agencies have only responded to emergencies to save funds.
According to a Fortune report on October 7th, a study by Harvard economist Jason Furman found that almost all of the U.S. GDP growth in the first half of 2025 was driven by data centers and info tech. Outside of those areas, the economy barely grew—just 0.1%.
