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News & Articles By Laura Harris
01/12/2026
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By Laura Harris
U.S. online holiday shopping hits record $257.8 billion in 2025, Adobe says
U.S. online holiday shopping hit a record $257.8 billion in 2025, a 6.8% increase from the previous year and well above Adobe’s forecast, driven by strong Cyber Week sales and deep discounts. The Thanksgiving-to-Cyber Monday period generated more than $44 billion in online spending, with Cyber Monday alone accounting for a record $14.25 billion. Mobile […]
01/12/2026
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By Laura Harris
India plans to ease curbs on Chinese firms in government tenders
India’s finance ministry plans to ease or scrap 2020-era restrictions that largely barred Chinese firms from bidding for government contracts, as part of efforts to revive commercial ties with Beijing. The curbs were imposed after a deadly border clash in 2020 and required Chinese bidders to undergo special political and security clearances, effectively excluding them […]
01/12/2026
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By Laura Harris
Back to normal: Used car prices expected to rise at historically stable pace in 2026
Used vehicle wholesale prices are forecast to rise about 2% by the end of 2026, signaling a return to historically normal market conditions after pandemic-driven volatility. Following dramatic swings in 2020–2022, the market is settling, with moderate price growth and month-to-month changes averaging around 0.2%. Trucks and SUVs remain in high demand, while more off-lease […]
01/10/2026
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By Laura Harris
Trump orders U.S. withdrawal from 66 international organizations
President Donald Trump has ordered the United States to withdraw from 66 international organizations, saying they undermine U.S. sovereignty and no longer serve American interests. A presidential memorandum directs agencies to halt participation and funding for 35 non-United Nations (UN) bodies and 31 UN entities following a broad review of U.S. international commitments. Affected organizations […]
01/07/2026
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By Laura Harris
U.K. prepares post-Brexit reset bill allowing automatic alignment with EU rules
The U.K. government is preparing legislation to allow closer regulatory alignment with the European Union, signaling a major shift in its post-Brexit strategy. The draft bill, expected in Parliament this spring or summer, would let the U.K. and devolved governments automatically adopt new EU rules in selected areas such as food safety, animal welfare, energy […]
01/07/2026
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By Laura Harris
U.S. auto sales face decline as high prices push middle-class buyers out of market
Vehicle costs are climbing, causing middle-class buyers to shy away from new cars and Cox Automotive forecasts U.S. sales could drop to 15.8 million in 2026, the first annual decline since 2022. Households earning $75,000 or less saw new-car purchases fall 30% since 2019, while families earning $75,000–$150,000 declined 7%; wealthier buyers are driving demand […]
01/06/2026
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By Laura Harris
Trump threatens tariff hike if India continues to buy Russian oil
President Donald Trump warned the United States could raise tariffs on India if it continues buying Russian oil, increasing pressure amid ongoing trade negotiations. India became a major buyer of Russian crude after the Ukraine war began in 2022, with Russia supplying more than 36% of India’s oil imports. Some Indian refiners have recently reduced […]
01/06/2026
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By Laura Harris
Chinese EV maker BYD pulls ahead as Tesla sales slump
Chinese automaker BYD reported a nearly 28% increase in December sales, with total 2025 deliveries (BEVs and plug-in hybrids) reaching 4.6 million vehicles, while Tesla’s 2026 projected sales are 1.6 million – down from 1.79 million in 2024. BYD offers a wide range of vehicles, including compact cars, sedans, SUVs, buses and commercial EVs, whereas Tesla’s […]
01/04/2026
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By Laura Harris
U.K.’s EV charger installations fall for the first time in 2025
Public EV charger installations in the U.K. fell 30% in the first 11 months of 2025, marking the first decline on record. With fewer than 90,000 chargers nationwide, the government faces a steep challenge to reach its goal of 300,000 chargers by 2030, requiring more than double the previous annual installation record. Charging providers cite […]
01/02/2026
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By Laura Harris
HHS freezes child care funds to 50 U.S. states amid Minnesota fraud review
The HHS has frozen federal child care funding to all 50 states while reviewing how the money is being used, following fraud allegations that began in Minnesota. All states must submit administrative data to receive funding, while Minnesota faces stricter requirements, including additional documentation for centers suspected of fraud and a full audit. Federal officials […]
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