economy News

The article discusses the rise of gold investment scams targeting seniors, particularly during times of economic uncertainty. It outlines several warning signs that retirees should be aware of, including unsolicited contact from sellers, high-pressure sales tactics, promises of guaranteed returns, excessive markups, and unverifiable credentials.

In January, U.S. employers added 130,000 jobs, leading to a decrease in the unemployment rate to 4.3%.

The United States and Taiwan have signed a trade agreement that lowers tariffs on Taiwanese exports from 20% to 15%, aligning with rates from South Korea and Japan. In exchange, Taiwan will purchase approximately $85 billion in US goods, including energy and aircraft.

A new study by the New York Federal Reserve indicates that nearly 90% of the costs from tariffs imposed during Donald Trump's presidency were paid by US consumers and businesses. The research highlights that the burden of these tariffs primarily fell on Americans, contradicting claims that foreign companies would absorb the costs.