Economy News

Economy

Japan's March Producer Prices Surge 4.2%, Exceeding Forecasts Amid Economic Shifts

Japan's producer price index rose by 4.2% in March year-on-year, exceeding expectations. The report also highlights a 0.4% monthly increase in PPI, with export prices up by 0.8% an...

Economy

Exclusive: Canada and Mexico Left Out of Trump's 90-Day Tariff Suspension, Sources Reveal

Canada and Mexico are not part of US President Donald Trump's 90-day tariff suspension, contrary to earlier statements. They remain under existing tariffs but avoid an additional 1...

Economy

President Trump Open to Dialogue with Xi Jinping Amidst Trade Tariff Tensions

President Donald Trump has shown readiness to discuss trade tariffs with Chinese President Xi Jinping, praising him as a friend and a smart leader. Amidst tariff adjustments, Trump...

Economy

President Trump Eyes Tariff Relief for Struggling US Companies Amid Market Pressures

President Donald Trump has indicated a potential shift in trade policy by considering tariff exemptions for US companies affected by market downturns. He also shared insights on th...

Economy

Trump Signals Ongoing Tariff Battles: 'Nothing Is Over Yet' Amidst Market Fears

President Donald Trump emphasizes ongoing tariff negotiations, stating "nothing is over yet" amidst market fears. He criticizes China, justifying new tariffs including a hike to 12...

Economy

Unanimous Decision by FOMC: Key Interest Rates Held Steady in January Meeting

The FOMC's January meeting minutes show a unanimous decision to keep the key interest rate unchanged, highlighting a cautious stance on monetary policy amid current economic condit...

Economy

Exclusive: Treasury Secretary Bessent Reveals Trump's Strategic Move on Tariffs Amid Global Outreach

US Treasury Secretary Scott Bessent clarifies that the 90-day tariff suspension, excluding China, was President Trump's decision, not a response to market movements. Over 75 nation...

Economy

Trump Administration Considers Axing Billion-Dollar Consulting Contracts Over Cost-Cutting Dispute

The Trump administration may cancel hundreds of billions in consulting contracts after deeming cost-cutting suggestions from firms like Accenture and Deloitte "insulting," citing f...