Canada has secured a three-day reprieve from a new round of steep US tariffs after President Donald Trump said Washington and Ottawa were close to reaching a trade
China’s economic recovery lost momentum in July, with consumer spending, investment and industrial production all coming in weaker than expected, raising pressure on Beijing to introduce additional measures
Oil prices have swung violently as the Iran conflict threatens one of the world’s most important energy chokepoints, while Washington faces a separate strategic challenge in its relationship
US consumer inflation rose modestly in July, matching economists’ expectations and potentially reducing the urgency for the Federal Reserve to raise interest rates next month as policymakers weigh
Wholesale inflation in the United States remained subdued in July, coming in below economists’ expectations and adding to evidence that price pressures may be easing after a surge
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also
The US labor market unexpectedly contracted in July, with nonfarm payrolls posting their first monthly decline in years as hiring weakened across several sectors, reinforcing concerns that employment
The US government has returned about $100 billion to businesses that paid Donald Trump’s “Liberation Day” tariffs. The amount includes duties and interest and covers more than half
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its
The Reserve Bank of India (RBI) on Wednesday kept its benchmark repo rate unchanged at 5.25% and retained its neutral monetary policy stance, choosing to wait for greater