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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
(Bloomberg) — Executives at US shale corporations count on President Donald Trump’s 25% metal import tariffs to result in decrease exercise within the shale patch, in response to the most recent power survey from the Federal Reserve Financial institution of…
With the excessive price of residing lately, who couldn’t use additional money? If you go searching your home or rummage by way of your closets, you undoubtedly will discover issues that definitely aren’t trash however may very well be another…
By Ann Saphir (Reuters) – Minneapolis Federal Reserve Financial institution President Neel Kashkari on Wednesday stated he is unsure concerning the impact of President Donald Trump’s tariffs on the U.S. financial system, with the likelihood that they may push up…
HOUSTON (Reuters) – Exercise within the U.S. oil and gasoline sector elevated barely within the first quarter of 2025, however uncertainty and pessimism amongst firms additionally rose, a Dallas Fed survey confirmed on Wednesday. U.S. President Donald Trump has promised…
François Villeroy de Galhau: ‘The tragedy of Trump’s financial coverage is that it turns a positive-sum sport … right into a sport the place everybody loses’ – Stefan Wermuth/Bloomberg Donald Trump’s tariff blitz is “a sport the place everybody loses”,…
By Michael S. Derby NEW YORK (Reuters) – The top of assorted pandemic-era pupil mortgage help packages doubtless portends an increase in credit score points for debtors, though it can take time to know the total extent of the issue,…
LONDON (Reuters) – U.S. President Donald Trump’s threats to impose new reciprocal tariff charges subsequent week on nations all over the world might reduce British financial progress by as much as 1%, in line with the federal government’s impartial fiscal…
By Mike Dolan LONDON (Reuters) – What issues in U.S. and world markets immediately By Mike Dolan, Editor-At-Massive, Monetary Business and Monetary Markets The darkest U.S. shopper confidence outlook in 12 years is sobering, to say the least, however the…
PARIS (Reuters) – The Trump administration is unsettling the multilateral financial system, harming the U.S. economic system within the course of and to a lesser extent Europe as properly, the top of France’s central financial institution stated on Wednesday. “Via…
ATHENS – U.S. oil producer Chevron has expressed curiosity for hydrocarbons exploration off the island of Crete within the Mediterranean Sea, the Greek power ministry mentioned on Wednesday. Greece has accepted Chevron’s curiosity for 2 blocks south of Crete and…