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TRUMP TARIFFS UPDATE
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 holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
Trump tariffs changed taste of foods in U.S? Label checking reveals shocking detailsTrump Tariffs have grabbed headlines and become the topic of discussion around the world. Now there is a reality-check on the food ingredie...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
First goes the Fed dot, then guidance - and then a hike?The Federal Reserve's interest rate forecasts, known as the dot plot, might be removed. This change could signal a shift in policy under th...
Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flowsIndia's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create si...
US says $20.6 billion of tariff refunds on the way to importersUS Customs and Border Protection is sending $20.6 billion to importers. This follows a correction to a previous report that overstated refu...
Mexico, EU lower tariffs in bid to grow non-US tradeEarlier this week, the European Union moved to end a trade standoff with Trump by agreeing to implement a deal signed last year with the US...
G7 finance chiefs seek to tackle imbalances as trade strains unityFinance ministers from the Group of Seven are meeting in Paris to discuss global economic tensions, trade imbalances and coordination on cr...
US Stock Market on Friday: S&P 500, Dow Jones, Nasdaq to crash today or these factors will uplift Wall Street? details hereUS Stock Market today: Nasdaq, S&P 500, and Dow Jones investors will hope that Wall Street indexes will end the week in a strong note.
Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil rises as supply fears returnWhy are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil prices increased as hopes for a...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
Apple to reinvest Trump tariff refunds in US economy, says Tim CookApple is actively seeking refunds for tariffs it has paid to the U.S. government. According to CEO Tim Cook, any funds recovered will be di...
As first payments of $166 billion Trump tariff refunds begin May 11, will importers get paid despite portal errors and claim delays?As first payments of the $166 billion Trump tariff refunds begin May 11, the key question is speed. Data shows only about 3% of claims are ...
Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
Mark Carney says Canada's economic ties with US are a weakness that must be correctedCanada's close economic ties with the United States are now a weakness, according to Prime Minister Mark Carney. He announced efforts to st...
Trump unveils 100% tariff on some patented drugs on 'Liberation Day' anniversaryPresident Donald Trump has signed an executive order introducing significant pharmaceutical tariffs. Companies failing to strike pricing de...