Leo Sterling, US Economy Correspondent

US Economy Correspondent for The Update Desk. Specializing in US news and in-depth analysis.
3228 Articles

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…

China’s Economic Disparities on Display at Ningbo, the World’s Busiest Port

** Amidst the ceaseless hum of shipping activity and industrial operations in…

British Prime Minister Seeks to Strengthen Business Ties During Historic Visit to China

In a significant diplomatic engagement, British Prime Minister Keir Starmer met with…

Amazon Announces Major Job Cuts, Totaling 16,000 Positions

Amazon has made the significant decision to eliminate 16,000 jobs, a move…

Microsoft’s Bold A.I. Investments Propel Profit Surge Despite Stock Dip

In a striking contrast between impressive earnings and market response, Microsoft reported…

Amazon’s $35 Million Push for ‘Melania’ Documentary Sparks Controversy

Amazon’s recent decision to invest a staggering $35 million in marketing for…

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