Donald Trump Readies Reciprocal Tariffs
On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.
Finance & Economics - page 8
Donald Trump Calls for Lower Interest Rates
President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.
Bank of America CEO Says About Inflation Impact on US Economy
Bank of America chief executive officer Brian Moynihan on Wednesday, February 12, said that the strong consumer spending in the United States in the current year means that the Federal Reserve System is likely to hold off on cutting its benchmark interest rate.
CVS Health Reports Earnings
On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.
US Consumer Prices Demonstrate Growth
In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.
Jerome Powell Tells Congress Fed Still in No Rush to Cut Rates
Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.
Donald Trump Raises Tariffs on Aluminum and Steel Imports
President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]
Amazon Reports Earnings
Amazon, the e-commerce giant that became one of the largest players in the global technology sector over time, on Thursday, February 6, published information on the financial performance of its activities for the fourth quarter of last year.
Bank of England Cuts Interest Rates
Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.
Bank of England Reportedly to Resume Rate Cuts
Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.
UBS Reports Earnings
The value of UBS shares turned out to be on a downward trajectory after this lender published its results for the fourth quarter of 2024 and disappointing $3 billion share buyback plans.
China Unveils Series of Retaliatory Measures Against US
China on Tuesday, February 4, announced a broad package of economic measures against the United States as part of retaliatory actions, which were decided by Beijing after US President Donald Trump imposed 10% tariffs on goods imported from the Asian country.
Donald Trump Announces Pause on US Tariffs on Canada
President of the United States Donald Trump is pausing the imposition of planned tariffs on goods imported from Canada.
Donald Trump Delays Mexico Tariffs
President of the United States Donald Trump on Monday, February 3, announced his agreement to immediately pause tariffs on goods imported from Mexico, after, according to him, a very friendly conversation with the president of the mentioned country, Claudia Sheinbaum.
Donald Trump Vows Tariffs to Hit Saturday
President of the United States Donald Trump said on Friday, January 31, that he would impose tariffs on a wide range of imported goods, including oil and metals, in the coming months.
Walmart Canada Plans to Build Dozens of Stores
Walmart Canada announced last Thursday, January 30, that over the next five years, it will build dozens of new stores and sell its fleet business.
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