Amid tariffs, US Treasury Secretary mocks Indian rupee, says can’t rival dollar
US Treasury Secretary Scott Bessent has mocked the Indian rupee, saying that it cannot beat the dollar. The…
Hours after 50% tariffs hit, Delhi,DC say channels open for talks
NEW DELHI: Hours after the 50% additional tariff on Indian exports to the US kicked in, both countries…
Bessent says US tariff revenue could be well over $500 billion a year
By David Lawder (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President…
Lutnick says update on Japan’s $550 billion US investment coming this week
By Tamiyuki Kihara and Kantaro Komiya TOKYO (Reuters) -The United States will make an announcement this week on…
Asia hanging on Powell’s every word at Jackson Hole
TOKYO — It’s arguably been decades since a single US Federal Reserve speech was as important to Asia…
‘Unless We See A Recession,’ You Shouldn’t Be Prescribing A 175 Basis Point Cut In Interest Rates
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Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues…
Chinese researchers lodge concerns over US debt as Beijing limits exposure
Calls for China to gradually reduce its exposure to US dollar assets are growing louder as Washington’s national…
Social Security may be more threatened than ever as it marks 90th year
WASHINGTON (AP) — When President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago…
Indian stock market: 8 key things that changed for market overnight- Gift Nifty, Nasdaq to Bitcoin prices at record high
Indian stock market: The equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on…
Fed cut seen near certain after inflation data, Bessent comments
By Howard Schneider WASHINGTON (Reuters) -The likelihood of a Federal Reserve rate cut in September is now seen…
How Switzerland’s tariff drama swung from hope to despair
(Bloomberg) — On July 4, as the US celebrated Independence Day, Switzerland’s top circle of ministers also had…