Goldman Sachs is forecasting a notable slowdown in US economic growth, citing the inflationary impact of rising tariffs and the resulting pressure on consumer spending. According to a…
US President Donald Trump says he’s seriously thinking about getting rid of capital gains taxes on the sale of primary homes, a move that could bring major financial…
Kicking off this morning’s closely watched Federal Reserve Board conference, Chair Jerome Powell focused his opening remarks on the Fed’s ongoing review of capital requirements for big banks.He…
The European Union’s latest round of sanctions against Russia, adopted last Friday, are set to create significant ripples in the global diesel market, according to Commerzbank AG. With a…
The Trump administration is broadening its search for partners to build the Golden Dome missile defence system, reaching out to Amazon.com’s Project Kuiper and major defence contractors as…
US Treasury Secretary Scott Bessent said on Tuesday that he is set to meet his Chinese counterpart in Stockholm next week, with discussions expected to include the likely…
The United States will withdraw from the United Nations Educational, Scientific and Cultural Organization (UNESCO) by the end of December 2026, citing what the Trump administration calls the…
BlackRock has told employees to leave their work devices at home when traveling to China. Under a new policy rolled out last week, staff are now banned from…
For the past few years, we’ve been told that artificial intelligence would either save the world or destroy it. The AI economy would wipe out jobs, widen inequality,…