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Economy
No Safety from “Tariff Man”: Trump Revives Tariffs on Metals
President Trump has revived tariffs on metals from Brazil and Argentina.
Adobe Analytics Expects $7 Billion+ Spending on Black Friday
Online shopping is taking over shopping officially. Black Friday spending this year will surpass the $7 billion thresholds.
Bank of Japan Sees Room for Cuts and Defends Current Rates
Bank of Japan Governor Haruhiko Kuroda justifies that the current interest rates aren’t intended to help the government boost spending, rather that it is aimed to…
Governor Brainard Recommends the Federal Reserve to cap Interest
The Federal Reserve Governor, Brainard, is recommending an interest cap next time there is a downturn.
Australian Banks Crashing; Regulatory Risks Threaten Their Overvalued Shares
Australia’s banks have been cash machines in the prospering economy. As it fights to rekindle the fire that powered it for the past three decades, that money could…
European Central Bank President Calls For Policy Mix
With increasing evidence of reduced multilateral trade and structural changes in traditional economic tools, Lagarde is calling for adaptation. According to her, a…
Japan Government Tax Hike Doesn’t Help Inflation
The Japan government should be alarmed; its tax hike isn’t boosting consumer price inflation and is also hurting the manufacturing industry according to latest data.
Fed Minutes Show Rates on Hold as Fed’s Still Divided
The Fed is divided on which path to take about interest rates. Minutes of its last month’s meeting signaled the bank had decided to pause its easing cycle after the…
Trump threatens more tariffs on Chinese goods
The Trade War stalemate is about to escalate further after the US president threatened to impose more tariffs on Chinese goods. Experts expect retaliation from the…
Threatening Key Currency Status of the United States
Ballooning foreign debt and a systematic way of running away from this is raising questions about the United States dollar. But, can we dethrone it easily?
Chinese Private Firms Isolate the U.S in Overseas Expansion
On Tuesday, a private survey highlighted the US-China trade war’s impact on executive decision-making. The survey revealed private firms in China are isolating the…
German Economy Dodges Recession in Q3
The German economy expands to 0.1% in the third quarter of the year, proving that the eurozone’s powerhouse still has gas to stir away from a recession.
US FED: U.S. Economy is in good condition
Fed’s Rosengren said the U.S economy was in good condition. He said nothing in recent data that would change his view that latest rate cut was unnecessary.
Clinton Says It’s ‘Shameful’ the UK is hiding Russia Report
In the wake of concluded reports on Russia’s involvement in UK politics, Hillary has something to say. The Former Secretary of State tore into the UK government…
Fed’s Rosengren: U.S. Economy is in Good Condition
Fed’s Rosengren said the U.S economy was in good condition. He said nothing in recent data that would change his view that latest rate cut was unnecessary.
China’s Imports, Exports Drop Lessen | Finance Brokerage
china’s imports – China’s imports and exports took a tumble in October.
ECB to Review Inflation Gauge to Include Housing Prices
European Central Bank is unable to hit its inflation goal. But, Lagarde will start a review of the official gauge of consumer price growth, which adversely…
Experts Expect Rate Cuts By The Federal Reserve on Wednesday
While the country waits to see how far the Fed will cut rates on Wednesday, there is growing sentiment that volatility will occur. This is if the Chair, Jerome…
Chinese Companies Scramble to Survive Trump’s Blacklisting
Trump administration has blacklisted Chinese companies. One of them is SenseTime Group Ltd. It’s co-founder, Xu Bing, heard the news while visiting New York. His…
The ECB maintains Interest Rates Low As Chair Departs
The Eurozone is facing possible turbulence in the financial markets with the announcement that ECB chair Draghi is exiting the central Bank. The ECB’s choice to…