Americans are pouring a lot more money into their gasoline tanks than they were even a week ago
A 33-cent jump in the price of regular gasoline in a single week is hitting wallets fast, with the summer […]
Finance
The U.S. will raise tariffs on automobiles from the European Union to 25% from 15%, President Trump said Friday
The president said tariffs will go from 15% to 25% and accused the bloc of failing to comply with a
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Middle East Tensions Continue
U.S. jobs data will be the highlight of the coming week as investors look for evidence of how the Middle
U.S. Factory Activity Expands in April
The Institute for Supply Management’s purchasing managers’ index was 52.7 last month, in line with March, as price pressures rose
Canada Manufacturing Activity Picks Up
Canadian manufacturing activity recovered last month, with data pointing to increases in production and purchasing as demand was spurred by
The Minneapolis Fed president wrote that heightened inflation risks from the Iran war led him to object to the Fed’s policy statement this week that implied the central bank’s next move is likely to be a rate cut
Neel Kashkari wrote Friday that the central bank should signal that its next rate change could be either a cut
South Korea Exports Continue to Surge on AI-Related Demand
South Korea’s exports surged again in April, driven by semiconductor shipments, signaling resilience in the trade-dependent economy despite geopolitical risks
President Trump said he would remove tariffs on products associated with whisky from the United Kingdom, saying King Charles III had persuaded him to lift the levies
The president credited the British royals for persuading him to lift the levies. Source link
Four Things to Know About Trump’s New Retirement Plan Order
There is growing bipartisan support for expanding uptake of retirement-savings plans. Source link
U.S. economic growth picked up in the first quarter as businesses invested heavily in AI, rebounding from a fourth quarter dented by a government shutdown
Gross domestic product grew at a 2% rate in the first quarter, rebounding from a fourth quarter dented by a