Shares of Expedia Group fell sharply by more than 8.5% on Friday after the company reported first-quarter revenue that came in below Wall Street expectations, signalling a slowdown…
Canadian unemployment rose to 6.9% in April, the highest level since November, as US tariffs on major exports started hitting the country’s important manufacturing and trade-dependent parts of the…
China has imposed a ban on the export of seven rare earth elements without an export license, effective since April 4. This action, based on recent history, suggests potential…
Something unusual is happening in global currency markets, and most people aren’t paying attention. This week, the Taiwan dollar surged more than 5% in a single day, recording its…
President Donald Trump suggested on Friday that an 80% tariff on Chinese imports “seems right,” ahead of high-stakes trade talks scheduled for this weekend in Switzerland. The comment,…
The US dollar appeared set to close the week with gains against most of its major counterparts on Friday, as a newly announced trade agreement between the United…
Following the implementation of steep tariffs on solar panel exports from Southeast Asian nations like Cambodia and Thailand, Chinese-owned manufacturers in Laos and Indonesia increased their share of…
The United States is considering a major rollback of tariffs on Chinese imports, with plans underway to cut the current 145% levy to as low as 50%, according…
White smoke billowed from the Sistine Chapel chimney and the bells of St. Peter’s Basilica rang out on Thursday, confirming that the College of Cardinals had elected a…