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U.S. TRADE DEFICIT
Ahead of Market: 10 things that will decide stock market action on FridayThe Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond ...
US trade gap in July hits biggest in over a year on AI buildoutThe US trade deficit in July widened to its largest since March 2025, government data showed Thursday, as imports climbed on the back of th...
Kevin Warsh's Jackson Hole encore may put Trump's inflation record under a microscopeFed Chairman Kevin Warsh must decide on interest rate hikes soon. His actions will be closely watched by the public and investors. Investor...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
US pushes G20 to cut trade imbalances, focus on ChinaG20 members face stalled talks on global trade and fiscal imbalances. United States officials are urging higher barriers on Chinese goods t...
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
US plans to sanction another bank in effort to clamp down on Iran transactions: Scott BessentUS Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington intensifies...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala SitharamanIndia's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fi...
Fed, BOJ, AI Boom and Elections: What markets are watching nextAs traders emerge from their holiday break, global markets brace for fluctuations. The ongoing geopolitical tensions keep energy prices in ...
US goods trade deficit widens 17% to $118.8 billion in JulyThe United States merchandise-trade deficit grew substantially in July. This shortfall reached its highest point since early last year. Inb...
Trump says the US doesn't need Canada. America's economy says otherwiseDespite President Donald Trump’s claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian o...
Trump threatens 50% tariffs on Canadian cars, trucks and steel from January 2027United States President Donald Trump announced future tariff increases on Canadian goods. Tariffs on Canadian cars, trucks, and auto parts ...
India 10-year bond yield clings to 6.85%; traders eye oil moves amid sanctions threatIndian government bonds remained steady as traders awaited oil price movements. US sanctions on Iran could impact global crude prices signi...
Pakistan's Munir spoke to Trump ahead of Tehran visit, sources sayPakistan's army chief spoke with Donald Trump last week before visiting Tehran. This call occurred as the United States threatened major ec...
India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
Bessent’s bond market push struggles to bring down US borrowing costsUS Treasury Secretary Scott Bessent’s bond-buyback push has offered only limited relief, with long-term Treasury yields rising again. Inves...
Dollar wobbles as investors balk at US Treasury's rescue effortsThe dollar faced a decline on Friday, ending the week lower amid investor worries. Concerns arose over the U.S. Treasury's bond buyback, wh...
US Treasury's Bessent says upsized bond buybacks could increase furtherUS Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confid...