Japan’s Economy Contracts as U.S. Trade Tensions Take Toll
The first quarter of the year saw Japan's economy decline by 0.7% annually because of export weakness and rising U.S....
Economics
US Wholesale Prices Drop Despite Tariffs
The Labor Department reported that US wholesale prices dropped 0.5% in April from March which represented the first decrease since...
Retailers Raise Prices Amid Tariff Pressures
Major US retailers face price hikes because of Trump's tariffs which impose 10% on imports and 30% on Chinese products....
Trump Urges Iran Toward Nuclear Deal in Saudi Speech
During his Riyadh speech at the US-Saudi Investment Forum President Trump asked Iran to choose a “new and better path”...
Inflation Cools, but Tariffs Loom Large
The US inflation rate decreased for the third consecutive month in April when annual consumer prices rose 2.3% instead of...
Trump Seeks Gulf Investment in Saudi Visit
The upcoming presidential visit to Saudi Arabia Qatar and the UAE will focus on obtaining substantial Gulf investments to support...
US-China Tariff Deal Eases Trade War Tensions
The United States and China established a trade agreement to lower their tariffs which reduced their ongoing trade conflict. The...
Bank of England Cuts Rates, Eyes US-UK Trade Deal
The Bank of England decreased interest rates by 0.25% to 4.25% on Thursday because of Trump’s tariff policies which threaten...
Trump Cuts UK Tariffs in Trade Deal, Boosting US Beef Exports
During his Thursday address President Donald Trump revealed a trade agreement between the United States and the United Kingdom which...
U.S. Job Market Adds 177,000 Jobs, Holds Steady
U.S. employers added 177,000 jobs in April, down from 185,000 in March but beating economists’ 135,000 estimate, per the Labor...
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