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By Bo Erickson and Ann Saphir WASHINGTON (Reuters) – A brand new job power within the Republican-controlled U.S. Home of Representatives on Tuesday begins its examination of the Federal Reserve’s coverage instruments, guidelines and monitor document, and members of the…
That is The Takeaway from right now’s Morning Temporary, which you’ll be able to enroll to obtain in your inbox each morning together with: President Trump is heading to Capitol Hill tonight to ship the primary joint tackle to Congress…
From midnight on Monday, Donald Trump’s tariffs on Mexico, Canada, and China got here into impact. However what are they and what do they imply for the UK? The second-time president claims the tariffs – taxes on items imported into…
Scrutiny of the Federal Reserve is intensifying this week in Washington, D.C., as a brand new congressional panel gathers to debate whether or not the central financial institution ought to focus extra solely on combating inflation amidst a broad evaluate…
(Reuters) – Increased than anticipated crude provide and a probable demand hit as a consequence of softer U.S. exercise and tariff escalation pose draw back dangers to grease worth forecasts, Goldman Sachs mentioned in a notice dated Monday. The financial…
Donald Trump’s 25% tariffs on items from Mexico and Canada have come into impact. The US president confirmed the tariffs in a speech on the White Home – and his announcement despatched US shares down sharply. The tariffs shall be…
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil big Aramco reported a $106.25 billion revenue in 2024 on Tuesday, down 12% from the prior 12 months on decrease vitality costs. A submitting on Riyadh’s Tadawul inventory trade confirmed…
(Bloomberg) — Equities fluctuated as President Donald Trump’s tariffs on Canada, Mexico and China went into impact. Oil prolonged losses. Monetary markets largely took the second the tariffs got here into impact in stride — with Chinese language shares even…
(Bloomberg) — South Africa most likely prevented a recession final yr, saved by sturdy shopper demand within the fourth quarter as the important thing mining and manufacturing sectors continued to wrestle. “Business is mainly stagnating,” stated Jee-A van der Linde…
By Colleen Howe BEIJING (Reuters) – Oil costs continued to fall in on Tuesday after U.S. President Donald Trump paused army support to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take impact. Brent…
