After China unveiled steep retaliatory tariffs on American exports on Wednesday, Treasury Secretary Scott Bessent issued…
Category: Finance
The “Finance” section serves as your window into the workings of the global financial system. We delve into various aspects of financial markets, including monetary policy, banking systems, financial regulation, FinTech (Financial Technology), and international finance. This section not only focuses on macro-level financial trends but also on micro-level financial instruments and market practices. Whether you are a finance professional, an academic, or a general reader interested in the field of finance, you will find valuable information and insights here. We are committed to providing you with comprehensive, objective, and professional financial knowledge to help you better understand the financial world and keep abreast of financial developments.
Cabot Creamery Butter Is Recalled Over Fecal Contamination Risk
Cabot Creamery is voluntarily recalling more than 1,700 pounds of butter in seven states after testing…
Bond Market Sell-Off Prompts Bank of England to Make Unusual Move
The Bank of England ditched its plan to sell some of its holdings of long-term bonds…
Wall Street Stumbles as Relief Over Tariff Pause Fades
Stocks on Wall Street tumbled on Thursday, a day after the market’s biggest rally in nearly…
Trump Has Added 145% Tariff to China, White House Clarifies
The White House on Thursday clarified that China faced a minimum tariff rate of 145 percent…
Travel and Tariffs: How Hotels, Airlines, Cruise Lines and Travelers are Faring
The on-again, off-again tariff policy of the Trump administration has wreaked havoc across the global economy,…
Trump’s Tariff Reversal Calms Some G.O.P. Nerves, but Questions Linger
President Trump’s whipsawing tariff policy has prompted bipartisan alarm on Capitol Hill, where Democrats are outraged…
Prada Buys Versace – The New York Times
On Thursday, in the biggest luxury deal of the year, Prada announced it was buying Versace…
What to Expect After Trump’s Tariff About-Face
After the about-face The relief rally has gone global, for now. Stocks in Asia and Europe…
U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on Edge
A dizzying escalation of tariffs has unraveled a trade relationship between the United States and China…
Can Britain Be a ‘Sensible, Stable’ Haven in Trade War? Some See Potential.
Britain became a byword for self-inflicted economic harm and instability after Brexit and former Prime Minister…
Inflation Expected to Have Eased in March
Inflation likely cooled in March, a welcome development given the uncertainties surrounding President Trump’s sweeping global…
Why Young Investors Are Not Worried About Stock Market Swings
A haunting childhood moment defined how John Kakuk would think about investing his own money when…
After Trump’s Tariffs Pause, the EU Takes a Moment to Reassess
European Union officials had just approved retaliatory levies of 10 to 25 percent on about $23…
How Will Trump’s China Tariffs Affect Prices? Here’s What Could Get More Expensive.
The tariff whiplash continued on Wednesday, with President Trump pausing “reciprocal” tariffs on most countries for…
Inside Factories in China, a Struggle to Survive Trump’s Tariffs
As President Trump ratcheted up new tariffs on goods from China to 125 percent this week,…
Trump’s Encouragement of Stock Investors Draws Scrutiny
President Trump began his Wednesday with some advice for those rattled by his steep tariffs. “BE…
Stocks Jump in Asia After Trump’s Tariff Reprieve
Following President Trump’s decision to pause punishing tariffs on dozens of countries, markets in Asia reacted…
House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
The House of Representatives on Tuesday approved resolutions striking down a $5 cap on most bank…