Financial Markets

Global stocks swoon as Trump tariffs hit markets | Business and Economy News

United States stocks are at their lowest level since President Donald Trump was sworn in two weeks ago, and other…

10 months ago

US Fed leaves rates unchanged | Inflation News

US Fed is in a holding pattern as it awaits more inflation and jobs data and clarity on President Donald…

10 months ago

Bank of Canada cuts interest rates, warns trade conflict will ‘hurt’ | Business and Economy News

Bank of Canada governor warned that a tariff war with the US would ‘badly hurt’ economic activity in Canada.The Bank…

10 months ago

Target becomes latest US firm to end DEI initiatives | Business and Economy News

The move comes after US President Trump ended DEI hiring in government jobs and encouraged the private sector to do…

10 months ago

Musk clashes with OpenAI’s Altman over $500bn Stargate | Donald Trump News

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence (AI) infrastructure project touted by President…

10 months ago

For Trudeau’s successor, safeguarding Canada’s economy a ‘daunting’ task | Business and Economy News

The return of United States President Donald Trump to the White House has delivered a jolt to the stewards of…

10 months ago

No tariffs on Day 1, but Trump promises to ‘drill, baby, drill’ | Donald Trump News

Donald Trump has held off on tariffs during his first day as the president of the United States and is…

10 months ago

US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News

Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a…

11 months ago

Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News

Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.Two groups representing…

11 months ago

US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News

Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s decision to…

11 months ago