Economy

  • Asian shares rise, dollar drops to six weeks low after U.S. tariffs take effect

  • Trump doubles tariffs on steel and aluminum imports to 50%

  • Trump thinks phone call with so-called friend Xi Jinping would fix US-China trade beef

  • Elon Musk calls Trump’s tax bill ‘a disgusting abomination,’ says Congress will bankrupt America

  • Wall Street on edge as Trump’s section 899 tax threatens foreign investment

  • US national debt at record $36.5 trillion as G7 struggles with surging debts

  • OECD warns global economy facing weakest growth since Covid-19 level

  • Eurozone inflation cools more than expected, hits 1.9%

  • BOJ’s Governor Ueda signals possible interest rate hike if economy rebounds

  • China’s factory output suffers sharpest decline since 2022

  • Dollar hits six-week low as trade tensions and debt fears weigh on U.S. Economy

  • Trump administration seeks Appeal Court freeze on tariff ruling to protect trade talks

  • More US trade deals are likely to be finalized before Trumps deadline, says treasury official

  • EU billions and trade goals at risk after Poland’s election

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  • Federal Reserve’s Waller leaves the door open on rate cuts amid rising tariff risks

  • Treasury yields rise as China challenges U.S. on trade agreement

  • Fed Chair Jerome Powell exit rumors swirl online as analysts warn of market meltdown

  • Japan’s capital investment accelerates despite US tariff threats

  • Chinese robotaxis and an Indian drug retailer emerge as top hedge fund picks

  • U.S. dollar slips amid uncertainty over tariff policy

  • Commerce Secretary Howard Lutnick says Trump’s tariffs are ‘not going away’

  • Treasury Secretary Scott Bessent says the US “is never going to default”