Boeing shares sink, dollar dives on Trump’s new trade threat

Wall Street stocks dipped early Thursday after fresh trade war rhetoric from President Donald Trump, while Boeing shares tumbled following a brutal Air India crash on a 787 jet....

Gold gains on weaker dollar as US-China talks in focus

Gold prices rose on Monday, supported by a weaker US dollar ahead of U.S.-China trade talks aimed at resolving tensions, while platinum extended gains for a sixth straight session...

China’s export growth slows last month as tariffs take toll

China’s export growth slowed to a three-month low in May as US tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on...

Weekly jobless claims hit 7-month high; imports post record decline

The number of Americans filing new applications for unemployment benefits increased to a seven-month high last week, pointing to softening labour market conditions amid mounting economic headwinds from tariffs....

Dimon warns that US’s biggest problem is ‘the enemy within’

JPMorgan Chase CEO Jamie Dimon has warned that China isn’t the biggest threat to the US, it’s “the enemy within.” Dimon appeared at the Reagan National Economic Forum in...

‘Big beautiful bill’ is a budget-busting boondoggle

Days before the House passed President Donald Trump’s “big beautiful bill,” Moody’s Ratings agency had an ominous warning about the US economy. Because of America’s recent history of running...

Tax cuts

The US is about to discover if deficits don't matter

It’s hard to think intelligently about public debt and deficits. The economics of fiscal policy is complicated and defies straightforward prescriptions. What’s most striking about budget-making in Washington today,...

Trump says will double steel and aluminium tariffs to 50 per cent

US President Donald Trump’s announcement that he would double steel and aluminium import tariffs to 50 per cent from next week drew ire from the European Union Saturday in...

Markets rally as Trump delays 50% EU tariffs

Global markets climbed on Monday and the euro rallied after US President Donald Trump kicked his threat to slap 50% tariffs on European Union goods into July, marking another...