France’s economy will grow only “slightly” in the second quarter although the outlook is clouded by a string of public holidays in May and by international trade tensions, the central bank said on Tuesday. Business activity will be buoyed by a moderate pickup in the services and industrial sectors while the construction and energy sectors […]
The US president is visiting Saudi Arabia, Qatar, and the UAE to seek investment opportunities and engage with leaders on regional instability involving Gaza, Iran, and South Asia US President Donald Trump began a four-day visit to the Middle East on Tuesday, meeting with Gulf leaders in Saudi Arabia, Qatar, and the United Arab Emirates […]
US stocks (^DJI, ^IXIC, ^GSPC) ripped and roared in Monday’s session with the Nasdaq Composite leading gains and closing by over 4.3%. This rally comes on the back of a 90-day tariff truce agreed upon by US and China officials over the weekend. Yahoo Finance markets and data editor Jared Blikre looks back on the […]
BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. This week we get U.S. inflation and retail sales updates for April. We know high frequency data like credit card billings and delinquencies tell us the consumer is seeing increased stress levels. April was the first […]
The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and set financial markets on edge. Speaking after talks with Chinese officials in Geneva, U.S. Treasury Secretary Scott Bessent said the two […]
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Treasury Secretary Scott Bessent said on Sunday that the United States had made “substantial progress” in talks with China after a weekend of meetings in Geneva, and that additional details would be announced on Monday. Any indication of a trade truce between the world’s two largest economies would lift financial markets and ease concerns among […]
After months of resilience, the US dollar is starting to wobble. This time, it’s not because of a sudden data miss or a central bank misstep, but a deeper reassessment of America’s economy and policy credibility under Donald Trump. Currency traders are waking up to a new reality: the era of relentless US dollar strength […]
Survey shows over 60% of U.S. small businesses pessimistic about U.S. economy news.cgtn.com Read the full article…
New Round of Trade War On April 2, President Donald Trump launched a massive tariff policy in his “Liberation Day” speech, marking a new chapter in global trade politics. The United States announced a universal tariff of 10% on all imports, an additional tariff of 34% on products from China, and high duties on countries […]
