News and analysis written and edited by The Finance Herald newsroom. Our reporting follows our Editorial Policy; sponsored content is labeled under our Sponsored Content Policy.
The Federal Reserve’s mandate has become a source of growing confusion and debate among economists and policymakers. While commonly referred to as having a “dual mandate” of maintaining full employment and price stability, the central bank actually operates under a three-part directive established by the Federal Reserve Reform
Fast-fashion giant Forever 21 has entered bankruptcy proceedings for the second time in its history, filing Chapter 11 documents in Delaware on Sunday. The company, which currently operates 350 stores across the United States and maintains a significant global presence, announced plans to conduct liquidation sales while pursuing potential
The World Economic Forum’s influence over global leadership positions has become increasingly apparent with Canada’s Liberal Party’s selection of Mark Carney, a prominent central banker, as prime minister. Carney’s extensive background includes leadership roles at both the Bank of Canada and Bank of England, fitting perfectly
The United States conducted extensive airstrikes on Yemen Saturday, resulting in 32 casualties including children, according to Yemen’s Health Ministry. The military action prompted a stern warning from President Donald Trump to the Houthi rebels regarding attacks on vessels in the Red Sea. In response, the Houthi forces claimed
Recent trade data from the U.S. International Trade Administration reveals significant variations in how different states rely on imports from Canada and Mexico, which together accounted for 28% of total U.S. goods imports in 2024. The data has gained renewed attention following Donald Trump’s implementation of 25%
In a bold move reinforcing his commitment to American manufacturing, President Donald Trump has implemented new tariff measures targeting aluminum and steel imports, marking a significant shift in U.S. trade policy following his 2024 reelection. The administration has increased aluminum tariffs to 25% while maintaining the existing 25% levy
China’s recent Two Sessions conference at Beijing’s Great Hall of the People has highlighted the nation’s ambitious plans for 2025 and beyond. Foreign Minister Wang Yi delivered a powerful message positioning China as a stabilizing force in global affairs while addressing key diplomatic relationships and challenges. In
Over the past thirty years, prestigious American universities have engaged in practices that may ultimately lead to their downfall. These institutions operated with a sense of invulnerability, believing their reputations were too valuable to face serious consequences. Since the 1970s, these universities abandoned their nonpartisan stance, regularly violating civil rights
A federal judge has issued a temporary restraining order blocking President Donald Trump’s recent executive action that sought to revoke security clearances from employees of Perkins Coie, a prominent Washington law firm with ties to the controversial Steele dossier investigation. U.S. District Judge Beryl Howell made the ruling
Breakthrough Energy, the climate change organization established by Microsoft founder Bill Gates, has implemented significant staff reductions and budget cuts across its operations. The organization has terminated employment for numerous employees in both its United States and European offices, particularly affecting its public policy teams and partnership divisions. The restructuring
Drawing from two decades of special operations experience, a veteran commander highlights the growing technological divide between U.S. forces and their adversaries in artificial intelligence capabilities. During a recent maritime surveillance operation in the South China Sea, his team encountered firsthand the limitations of America’s AI systems when
