From the early 2020s through 2026, U.S. corporations have demonstrated a remarkable ability to sustain and expand profits despite a series of economic shocks, including the COVID-19 pandemic, rising inflation, tariffs, and ongoing geopolitical conflicts. Recent data indicate that corporate profits have reached a record share of gross domestic product, while profit margins—measuring the gap between input costs and final selling prices—remain near historic highs. Executives across m

U.S. President Donald Trump on Sunday, April 12, 2026, warned that the United States could impose steep new tariffs on China if Beijing is found to be providing military assistance to Iran during the ongoing West As

COLUMBUS, Ohio — Ohio’s central geographic position has long made it a cornerstone of the U.S. logistics network, with industry data indicating that nearly one in 14 jobs in the state is tied to trucking. More than 43,000 trucking companies operate across Ohio, reinforcing its role as a critical hub for freight movement and supply chain activity nationwide. Industry leaders describe trucking as a demanding and highly competitive field, with relatively low barriers to entry allowin

Mercedes-Benz USA CEO Adam Chamberlain said on Tuesday, March 31, 2026, that early indicators suggest the 2026 model year is shaping up to be more challenging than initially expected, as economic uncertainty and external pressures weigh on the U.S. auto market. Speaking at the company’s manufacturing facility in Vance, Alabama, Chamberlain indicated that conditions in the opening months of the year have proven tougher than anticipated. He cited a range of factors influencing the market, in

Canada’s Prime Minister, Mark Carney, raised alarm about his country’s potential involvement in the ongoing US-Israel conflict with Iran, saying that Canada could not “categorically rule out participation” in the war. His comments, made in Canberra on Thursday, come as the conflict enters its sixth day, with mounting international concerns over its implications. Carney also expressed support for the US and Israeli airstrikes on Iran, albeit “with some regret,” calling th

Canada’s immigration authorities have declined to comment on the specific citizenship case of Tahawwur Hussain Rana, a Pakistani-born Canadian citizen accused of involvement in the 2008 Mumbai terror attacks, citing privacy laws and respect for ongoing legal proceedings. However, officials have reiterated that fraud and misrepresentation remain valid grounds for citizenship revocation under Canadian law. In a statement, Immigration, Refugees and Citizenship Canada (IRCC) said it c

US President Donald Trump on Tuesday said that tariff threats played a decisive role in resolving several international conflicts during his tenure, claiming that economic pressure through trade measures helped prevent violence and bring rival nations to the negotiating table. In an interview with Fox Business, Trump asserted that at least six of what he described as eight wars were settled after he warned countries that they would face higher tariffs if hostilities continued. Among

The European Parliament has suspended its work on a proposed trade agreement between the European Union and the United States, citing escalating political pressure from US President

The United States is preparing to deploy military aircraft to Pituffik Space Base in northwestern Greenland as part of what officials described as long-planned activities, according to a statement issued by the North American Aerospace Defense Command on Monday. The announcement comes amid heightened political and strategic tensions surrounding the Arctic territory, which has gained renewed attention due to its growing importance in global security calculations. NORAD, a joint milit

US President Donald Trump on Saturday intensified his long-standing interest in acquiring Greenland, issuing sharp warnings to several European nations and announcing planned tariffs against countries opposing his proposal. The remarks marked a significant escalation in rhetoric surrounding the strategic Arctic territory and introduced new strains into already delicate transatlantic relations. In a series of public statements, Trump accused Denmark and multiple European countries, i

The Supreme Court did not issue a decision Friday on the legality of broad tariffs imposed during President Donald Trump’s administration, extending uncertainty for financial markets and trade policy observers who have been closely watching the case for its potential economic and fiscal implications. Expectations had grown that the ruling might be released before the end of the week, but the court issued only a single opinion on Friday, unrelated to tariffs or trade authority. The

US President Donald Trump on Sunday, January 4, claimed that India has significantly reduced its purchases of Russian oil following the imposition of steep tariffs on Indian goods by Washington. Speaking aboard Air Force One, Trump said his administration’s decision to levy a 50 percent tariff had prompted a response from New Delhi, while also warning that the United States could escalate trade penalties further if necessary. Trump asserted that India’s leadership acted in respo

Canada has taken a major step toward modernising its citizenship laws, offering long-awaited relief to thousands of Indian-origin families living abroad. The newly approved Bill C-3, which amends the Citizenship Act, has received royal assent and is expected to help people who were previously excluded from passing on Canadian citizenship to their foreign-born children. The legislation marks a major shift toward inclusivity and fairness, especially for families who live or work outside the cou

In a major development for global trade, China has announced that it will suspend an additional 24 percent tariff on United States goods for a period of one year, while maintaining a 10 percent levy on imports from the US. The announcement, made by the State Council Tariff Commission, signals a cautious step by Beijing toward easing long-standing trade tensions with Washington. The suspension is effective immediately and will remain in place for twelve months. The decision follows a

Edmonton: An Indian-origin businessman, 55-year-old Arvi Singh Sagoo, died after being brutally attacked in Edmonton, Canada, in what police have described as an unprovoked assault. The incident has sent shockwaves through the Indian diaspora and reignited concerns over the rising number of racially motivated attacks across the country. According to the Edmonton Police Service, the assault occurred in the early hours of October 19, when Sagoo confronted a man who was urinating on hi

WASHINGTON — Carter’s, one of the most recognizable baby and children’s clothing retailers in the United States, has announced plans to close 150 stores and reduce its workforce by 15% as rising tariffs continue to pressure company finances. The Atlanta-based company outlined its restructuring strategy in its latest earnings report released Monday, citing significant cost increases tied to ongoing trade policies. The retailer said higher tariffs have had a substantial impact o

A tragic murder case has shocked the Indian community in Canada after the body of 27-year-old Amanpreet Saini was found with traumatic injuries in a park in Lincoln, Ontario. The Niagara Regional Police have identified 27-year-old Manpreet Singh, also of Indian origin and a resident of Brampton, as the main suspect in her murder. Authorities have confirmed that the killing appeared to be targeted and posed no ongoing threat to public safety. According to police reports, Manpree

United States President Donald Trump has once again defended his administration’s tariff policies, claiming that the strategy has played a major role in strengthening the U.S. economy and boosting the stock market. Since returning to office for his second term, Trump has emphasized a renewed focus on economic nationalism, arguing that countries trading with the United States must pay tariffs determined by the government to protect American interests. In his latest remarks, Trump a

US President Donald Trump has reignited debate over the influence of the BRICS bloc, claiming that the group represents “an attack on the dollar” and warning that countries joining it could face tariffs from the United States. Trump made the remarks during a bilateral lunch with Argentine President Javier Milei at the White House, reiterating his stance on protecting the dominance of the US dollar in global trade. Speaking to reporters, Trump asserted that the United States woul

The United States has warned that steep tariffs could soon be imposed on China if Beijing proceeds with its newly announced restrictions on rare earth exports, heightening concerns of another trade confrontation between the two largest economies in the world. U.S. Trade Representative Jamieson Greer said Tuesday that the decision now rests largely on China’s next actions, suggesting that the situation remains fluid in the run-up to a crucial diplomatic meeting later this month. Pr