US will sort out trade with India, Commerce Secretary Lutnick says in CNBC interview
WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick said on Thursday he believes the United States will sort out…
Mortgage rates are finally sinking — and fast
Facebook Tweet Email Link After months of sitting out a sluggish housing market, would-be buyers may finally have…
A narrow call for a Norges Bank cut next week | articles
As mentioned, this is a close call. But on balance, we still see a cut as slightly more…
Canada: Carney unveils array of national projects to ‘turbocharge’ economy | Canada
Canada’s Liberal government has said that a liquefied natural gas facility, critical mineral mines, a nuclear reactor and…
ByteDance and Tencent Trail Behind Alibaba’s AI Growth
TLDRs; Alibaba dominates China’s AI cloud market with a 35.8% share, outpacing ByteDance and Tencent. China’s AI cloud…
Mexico set to impose sweeping tariffs on China
The Mexican government is planning a major increase in import tariffs on Chinese cars, steel, and textiles. The…
The impact of tariffs on inflation and the Federal Reserve remains uncertain! The global economy is diverging into…
FX168 Financial News (Asia Pacific) News UBS Group CEO Sergio Ermotti said that the impact of global tariffs…
Foreign tourists spending at Japanese department stores dropping rapidly, study says
Tax-exempt spending falls for fifth consecutive month compared to previous year. Some of the biggest beneficiaries of Japan’s…
Inflation Rose Again in August; Core Data Remained Steady; What It Means for Fed’s Rate Cuts
Overall YoY: +2.9%, in line with expectations and up from +2.7% in July Overall MoM: +0.4%, up from…
93% Odds of Recession Supported by ‘Hard Data,’ Says UBS
Is the U.S. economy at risk of a recession? According to UBS, “hard data” from May to July…
European Central Bank leaves rates unchanged as economy weathers Trump’s tariffs
FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday with inflation back under control…
Another Economic Scandal Is Brewing That Trump Must Confront
U.S. President Donald Trump speaks in front of posters depicting household income data in the Oval Office on…