China’s Rare Earths Strategy Shifts Trade War Dynamics
The Chinese government tightened its control over rare earth exports which transformed the global trade war landscape because Beijing uses...
Economics
India, U.S. Push Toward Interim Tariff Deal Amid Deadline Pressure
Indian and U.S. trade negotiators are working to complete an interim tariff-cutting agreement before President Donald Trump’s July 9 deadline,...
Brookfield to Build $10 Billion AI Data Center in Sweden
Brookfield Asset Management announced its plan to spend $10 billion on building a new artificial intelligence data center in Sweden...
Tesla’s German EV Sales Slump as Competition Grows
The German electric vehicle sales of Tesla declined for five consecutive months in May according to KBA data which showed...
European Inflation Falls Below ECB Target Amid Tariff Worries
The eurozone inflation rate decreased to 1.9% in May compared to 2.2% in April thus becoming the first time since...
U.S. Growth Seen Slowing to 1.6% as Tariffs Bite
The OECD forecasts that the United States economy will expand at 1.6% this year before decreasing to 2.8% in 2024...
JPMorgan Promotes Marianne Lake, Hints at Future Leadership
JPMorgan Chase has expanded Marianne Lake’s responsibilities, naming her head of the bank’s overseas consumer banking arm and strategic growth...
Dollar’s Sharp Decline Faces Pushback as Bearish Bets Peak
The United States dollar has experienced a significant decline during recent months because of rising trade tensions and President Donald...
Trump Rallies in Pennsylvania as Nippon Steel Deal Nears Approval
The President Donald Trump will attend a rally in Pittsburgh on Friday to promote what he has called a “planned...
US Jobless Claims Climb as Profits Slide, Tariff Risks Mount
The US economy shows signs of slowing down because jobless claims increased more than expected while corporate profits suffered a...
