Leo Sterling, US Economy Correspondent

US Economy Correspondent for The Update Desk. Specializing in US news and in-depth analysis.
2863 Articles

Complexities Surrounding New SNAP Regulations Leave Consumers and Retailers in a Bind

Recent changes to the Supplemental Nutrition Assistance Program (SNAP) have introduced a…

U.S. Trade Deficit Widens Again Amid Tariff-Induced Fluctuations

The U.S. trade deficit has surged back in November, reversing a trend…

U.S. Trade Deficit Rebounds Amid Tariff Turbulence

The U.S. trade deficit surged in November, reversing a trend of contraction…

Investors Tread Carefully Amidst Heavy AI Investments by Tech Giants

** As technology behemoths like Microsoft and Meta continue to pour substantial…

Lukoil Offloads International Ventures to Carlyle Amid Sanctions Pressure

In a significant development for the global energy market, Russian oil giant…

Rug Manufacturer Faces Inventory Crisis as Tariff Challenges Resurface

Loloi, a prominent player in the rug manufacturing industry, successfully navigated the…

Trump’s Tariff Strategy Creates Uneven Playing Field for Manufacturers

** The trade policies implemented during Donald Trump’s administration have had a…

Potential Changes to Wage Protections for Elderly Caregivers Spark Concern

** The U.S. Department of Labor has put forth a proposal that…

Newark Museum of Art Appoints Lisa Funderburke as New Chief Executive

In a significant move for the cultural landscape of New Jersey, the…

Federal Reserve Maintains Interest Rates Amid External Pressure

In a decisive move reflecting its commitment to stabilising the economy, the…

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