Economy

  • Trump hits pharma with 100% drug tariffs, slaps 25% on heavy trucks

  • Tokyo core CPI holds at 2.5%

  • Taiwan removes South Africa from chip export blacklist

  • Intel up 36% in September, as Oracle, Tesla, and Strategy tumble

  • All living ex-Fed chairs urge Supreme Court to reject Trump’s bid to oust Lisa Cook

  • Trump-appointed Steve Miran doubles down on calls for aggressive rate cuts from the Fed

  • US government shutdown fears grow as markets face data blackout and Fed uncertainty

  • China tells motherland companies not to take price wars to the US

  • US jobless claims drop to 218K as GDP hits 3.8%, topping forecasts

  • Dollar’s status as global reserve currency stays intact despite trade tariffs

  • Swiss National Bank keeps interest rate at zero as economy gets hit by tariffs

  • Automakers will save up to $700 million after trade deal with the US

  • BOJ may hike rates in October as market bets intensify

  • South Korea presses U.S. to resolve visa snags or risk stalled investments

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  • U.S. launches new import probes on PPE, medical goods, and robotics

  • Sen. Warren accuses Rolex of courting Trump to dodge tariffs, cites Apple and Nvidia playbook

  • Wall Street eyes a refund jackpot if SCOTUS sides against Trump

  • Russia’s economy runs fifth straight budget deficit amid sanctions and Ukraine war

  • ECB urges central banks, lenders to ensure cash availability for emergencies

  • China overtakes U.S. as top power in Southeast Asia

  • Scott Bessent says U.S. will support Argentina with $20 billion swap and bond buys

  • Trump ally Steve Miran’s case for rate cuts faces major pushback from economists