Economy

  • Trump begins sending trade letters, targets Japan and South Korea first

  • What’s stalling South Korea, US trade talks despite almost zero tariffs on US imports?

  • Markets brace for BRICS, Fed, tariffs, and earnings updates this week

  • Sweden’s inflation surges to 2.9%, dimming hopes for August rate cut

  • Asia stocks down as trade talks stall, oil prices fall on supply hike

  • Trump says countries siding with BRICS will face extra 10% tariff

  • Scott Bessent says countries that fail to make a trade deal with Trump by August will be punished

  • China investors told to park money in local safe havens for H2

  • Xi and Putin miss BRICS meeting in Brazil amid economic and geopolitical struggles

  • Trump’s Scott Bessent calls Elon Musk a ‘loser,’ tells him to quit politics and stick to business

  • China hits EU with ban on Europe-made medical devices in trade war escalation

  • Trump’s ‘Big Beautiful’ bill may gut U.S. job growth

  • Economist Roubini Nouriel sees core inflation hitting 3.5% in H2, warns of possible recession

  • Wall Street is favoring the Unprofitable 858 over the Magnificent 7

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  • BRICS finance ministers urge for IMF reform on behalf of Global South

  • Canada in talks to aid aluminum producers if US tariffs continue

  • Financial assets under BRICS control reach $60 trillion

  • ECB Governing Council member insists it is premature for euro to challenge dollar in global economy

  • French cognac brands can avoid China’s full tariffs on one condition

  • A 10% tariff deal is a bad one for the EU, France’s industry minister insists

  • Trump hits Iran with more oil sanctions under ‘maximum pressure’ policy

  • IMF warns Trump tax bill threatens US debt sustainability