Category: Economy, Finance and Market News
Global stocks surge after US, China pause tariff war, but uncertainty remains
U.S. Secretary of the Treasury Scott Bessent and U.S. Trade Representative Jamieson Greer attend a news conference after trade talks with China i [...]
Judge Orders Immediate Release of Tufts Student Detained Over Pro-Palestinian Op-Ed
A federal judge has ordered the immediate release of Rumeysa Ozturk, a Turkish Ph.D. student at Tufts University, ruling her detention over a pro-Pal [...]
FedEx Board Member David Steiner Appointed as New USPS Chief Under Trump Administration
David Steiner, a FedEx board member, has been appointed by the USPS Board of Governors as the next postmaster general, succeeding Louis DeJoy. His se [...]
Trump, Starmer herald limited US-UK trade deal, but 10% duties remain
U.S. President Donald Trump makes an announcement about a trade deal with the U.K., in the Oval Office at the White House in Washington, D.C., U. [...]
Apple to Appeal €500M EU Fine Over Digital Rules Compliance Dispute
Apple’s legal battle with the European Commission over a €500 million fine reveals growing tensions over the EU’s Digital Markets Act (DMA) and raise [...]
Trump Dismisses Recession Fears Amid GDP Dip and Tariff Tensions
President Donald Trump dismissed concerns about an imminent economic recession, attributing current market instability and a GDP dip to the previous [...]
Warren Buffett Announces Retirement, Warns Trump’s Tariffs Risk Global Instability
Warren Buffett, at age 94, announced his intention to retire as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Duri [...]
Trump proposes $163 billion cut to US budget that slashes domestic spending
U.S. President Donald Trump looks on after disembarking from Air Force One at Palm Beach International Airport, West Palm Beach, Florida, U.S. Ma [...]
US economy shrinks in first quarter as tariffs unleash flood of imports
A China Shipping container is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs with China, in Oakland, California, U.S., [...]
China creates list of US-made goods exempt from 125% tariffs, sources say
A general view shows container terminal in Hong Kong, China, April 23, 2025. REUTERS/Tyrone Siu/File Photo
China Quietly Creates Tariff Exempt [...]