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U.S. TARIFF IMPACT ON MANUFACTURING
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
Gold gains as dollar weakens; still on track for fourth straight weekly lossGold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following ...
IMF economist says dollar remains at heart of global financial systemDespite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, according to the IMF's chief econ...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
EU governments adopt legislation to fulfil EU side of US trade dealEuropean Union governments have greenlit legislation to eliminate import duties on numerous U.S. products, honouring a trade pact with Pres...
Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...
India, US conclude two-day trade talksIndia and the United States concluded ministerial talks on a proposed trade agreement, aiming to finalize an initial deal before Washington...
Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
US Stock Market: Fed's Goolsbee says inflation outlook hinges on tariffs, services pricesChicago Fed's Austan Goolsbee highlighted the central bank's primary challenge: discerning if inflation's current surge will persist or fad...
Gold steady as investors focus on US-Iran peace talksGold prices held steady as U.S.-Iran peace talks progressed, offering a glimmer of regional stability. However, escalating expectations of ...
India seeks tariff advantage over peers in push to finalise US trade dealIndia's trade minister, Piyush Goyal, revealed on Monday that a trade agreement with the United States is experiencing delays. The primary ...
US strike on vessel in Caribbean Sea kills 2, leaves 6 survivorsThe U.S. military conducted another strike on a suspected drug boat in the eastern Pacific, resulting in two deaths and six survivors. This...
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
School assembly news headlines for June 16: Top national, international, business, sports update and thought of the dayIndia and Slovakia elevate ties to a comprehensive partnership. A rival tutor accuses Khan Sir of murder. Delhi census Phase 1 records over...
Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...
Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...