Economy

The president has criticized Powell for not bringing down interest rates, arguing lowering rates would save ‘trillions of dollars in interest cost’ on debts.

Demand continues to remain robust as people seek affordable driving options, an industry insights manager said.

Danish foreign minister Lars Lokke Rasmussen has warned against trade war with U.S. and said that the EU seeks to avoid escalation.

U.S. President Donald Trump on July 12 said he will impose a 30 percent tariff on all EU imports into the United States.

MP Materials stands alone as the nation’s sole active rare-earth miner and refiner.

The new corporate earnings season kicks off next week with reports from major U.S. banks.

The tariffs aim to correct America’s long-running trade imbalances with the two trading partners, the U.S. president said.

MP Materials, which is partnering with the DOD, views magnet manufacturing as the most urgent issue the United States needs to address.

‘These tariffs may be modified, upward or downward, depending on our relationship with your country,’ the president said in letters to world leaders.

The secretary of state met with foreign ministers during a five-day summit in Kuala Lumpur, Malaysia.

Phoenix posted the highest delisting rate in May, with 30 homes pulled from the market for every new listing.

While the Trump administration calls for rate cuts, Dimon says that inflationary policies could lead to rate hikes instead.

Trump has cited Brazil’s non-tariff trade barriers and treatment of former President Jair Bolsonaro as the reason behind his tariff hikes.

Manufacturing and retail trade slumped in May, but gains in electricity, gas, water, waste services, and wholesale trade helped soften the overall decline.

The new rate will go into effect on Aug. 1.

Meanwhile, recurring jobless claims—at the highest level in nearly four years—keep rising.

Analysts said they expect more subdued domestic demand and trade tensions with the U.S.

The 50 percent import levy aims to protect U.S. supply chains for semiconductors, AI chips, weapons systems, and clean energy tech.

‘Chinese manufacturers didn’t just sit back and accept the cost’ of tariffs, a shipping expert said.

Trade policies, tariffs, and regional security are expected to be hot topics during the multilateral discussions.

The president has criticized Powell for not bringing down interest rates, arguing lowering rates would save ‘trillions of dollars in interest cost’ on debts.

Demand continues to remain robust as people seek affordable driving options, an industry insights manager said.

Danish foreign minister Lars Lokke Rasmussen has warned against trade war with U.S. and said that the EU seeks to avoid escalation.

U.S. President Donald Trump on July 12 said he will impose a 30 percent tariff on all EU imports into the United States.

MP Materials stands alone as the nation’s sole active rare-earth miner and refiner.

The new corporate earnings season kicks off next week with reports from major U.S. banks.

The tariffs aim to correct America’s long-running trade imbalances with the two trading partners, the U.S. president said.

MP Materials, which is partnering with the DOD, views magnet manufacturing as the most urgent issue the United States needs to address.

‘These tariffs may be modified, upward or downward, depending on our relationship with your country,’ the president said in letters to world leaders.

The secretary of state met with foreign ministers during a five-day summit in Kuala Lumpur, Malaysia.

Phoenix posted the highest delisting rate in May, with 30 homes pulled from the market for every new listing.

While the Trump administration calls for rate cuts, Dimon says that inflationary policies could lead to rate hikes instead.

Trump has cited Brazil’s non-tariff trade barriers and treatment of former President Jair Bolsonaro as the reason behind his tariff hikes.

Manufacturing and retail trade slumped in May, but gains in electricity, gas, water, waste services, and wholesale trade helped soften the overall decline.

The new rate will go into effect on Aug. 1.

Meanwhile, recurring jobless claims—at the highest level in nearly four years—keep rising.

Analysts said they expect more subdued domestic demand and trade tensions with the U.S.

The 50 percent import levy aims to protect U.S. supply chains for semiconductors, AI chips, weapons systems, and clean energy tech.

‘Chinese manufacturers didn’t just sit back and accept the cost’ of tariffs, a shipping expert said.

Trade policies, tariffs, and regional security are expected to be hot topics during the multilateral discussions.