The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awryUS President Donald Trump has repeatedly blamed predecessors and others for economic, foreign-policy and domestic problems, drawing scrutin...
Charting the Global Economy: US CPI softens, UK economy expandsUS inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to sho...
Hormuz ship attacks mount as US vows to cripple Iran economyThe Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessel...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
European shares snap 4-week rally as higher oil prices temper strong earningsEuropean stock markets closed in the red on Friday, breaking a four-week winning streak. The rise in crude oil prices and escalating geopol...
Global Market: European shares steady near record highs as Iran war, Eurozone data in focusEuropean shares traded largely flat near record highs as investors weighed stalled US-Iran negotiations, elevated oil prices and upcoming E...
Global Market: Taiwan dollar surges to one-month high as foreign flows boost currencyTaiwandollar surged 0.5% to a one-month high as foreign investors poured funds intolocal equities. The move reflects stronger capital inflo...
Fitch affirms US at AA+ with stable outlook, flags fiscal and inflation risksFitch Ratings affirmed the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and the dollar’s reserve-cur...
Fitch keeps United States at 'AA+', cites economic resilience amid fiscal risksFitch has affirmed the United States’ sovereign credit rating at “AA+” with a stable outlook, citing its large economy, high per-capita inc...
Donald Trump is making a rare Western trip to raise cash for Republicans and talk about the economyPresident Trump visits California and Nevada to contrast his economic policies with Democrats. He aims to bolster Republican support in upc...
Trump says US has 'total control' over Strait of Hormuz, calls naval blockade a 'wall of steel'US President Donald Trump has once again claimed "total control" over the Strait of Hormuz in a Truth Social post, calling the American nav...
Head of US travel association sounds alarm on potential expansion of visa bond programThe US Travel Association expresses concern over the visa bond program's potential expansion. This program requires applicants from fifty c...
India can diversify exports away from US if 100% tariffs imposed, has $200 bn market in 15 other countries: Economist SP SharmaIndia could diversify exports if the US imposes steep tariffs linked to Russian crude purchases, economist SP Sharma said. He estimates a $...
Is 'Trumpflation' real? Why Wall Street fears this could be a reason for stock market crashWall Street's record rally faces a new test as 'Trumpflation' concerns grow alongside AI-driven pricing pressures. Sticky core PCE inflatio...
Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
US unemployment rate eases to 4.1%; employers cut 23,000 jobs in JulyThe United States economy unexpectedly lost jobs in July, which may affect Federal Reserve decisions. Nonfarm payrolls decreased by 23,000 ...
To poll or not to poll: Trump’s US economy claims tell only part of the storyDonald Trump touts economic successes, but facts present a mixed picture. Job growth has slowed considerably in recent years, despite recor...