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News
Trump says he plans to remove a 15% tariff on Irish whiskey
18+ hour, 22+ min ago (206+ words) Trump said during the trophy ceremony for the Irish Open that he had been asked about the issue by everyone, including some of the golfers. “Everybody’s been bugging me” to do it, the Republican president said. “And I said, ‘On…...
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
3+ day, 23+ hour ago (267+ words) Excluding the volatile food and energy categories, core prices rose 0.2% from July to August, the same as the previous month. Compared with a year ago, core prices rose 4.6%, up from 4.2% in July. Other items that jumped in price include airfares,…...
China says it hopes to agree with US on tariff reductions at 'an early date"
3+ day, 23+ hour ago (367+ words) Negotiators are striving to implement reciprocal tariff reductions on $30 billion worth of goods “at an early date,” Commerce Ministry spokesperson Huang Ling said at a weekly briefing. The $30 billion will be from each side, China's official Xinhua News Agency said....
World shares retreat and oil prices trade above $100 a barrel
3+ day, 23+ hour ago (690+ words) The future for the S&P 500 rose 0.2% and that for the Dow Jones Industrial Average was up 0.4%. In Germany, the DAX fell 0.2% to 25,535.88. The CAC 40 in Paris edged 0.2% higher, while Britain's FTSE 100 lost 0.2% to 10,651.40. The price of Brent crude jumped…...
Oil prices keep rising and weigh on Wall Street
5+ day, 23+ hour ago (453+ words) The S&P 500 dipped 0.2%. The Dow Jones Industrial Average was down 477 points, or 0.9%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% lower. In the oil market, the price for a barrel of Brent crude rose 0.9% to $97.85 after briefly climbing…...
What to know about Canada’s escalating trade war with the US as Carney retaliates with tariffs
6+ day, 6+ hour ago (1057+ words) The outcome could resonate far beyond Canada, showing other governments whether a smaller U.S. ally can withstand Trump’s economic pressure. Canadian Prime Minister Mark Carney says U.S. demands could hollow out key Canadian industries and limit the country’s independence, while Trump’s…...
Global shares are mixed as chipmaker shares rally in Tokyo and Seoul
1+ week, 26+ min ago (231+ words) MySA France's CAC 40 was little changed, inching up less than 0.1% in early trading to 8,282.06 The German DAX shed 0.2% to 25,993.23 Britain's FTSE 100 declined 0.2% to 10,814.01 shares were set to drift lower with Dow futures down 0.3% to 53,273.00 S&P 500 futures were little changed…...
Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
1+ week, 2+ day ago (598+ words) MySA...
Oil giant Chevron confirms it will expand operations in Venezuela
1+ week, 4+ day ago (476+ words) Chevron, the only U.S. oil company that has a major presence in the country, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company has an established position. Joint venture plans include investing more than…...
Stocks drift on Wall Street amid jobs market updates, renewed fighting in US war with Iran
1+ week, 4+ day ago (434+ words) The future for the S&P 500 lost 0.3% and that for the Dow Jones Industrial Average was down 0.1%. In early European trading, Britain's FTSE 100 shed 0.6% to 10,726.68. France's CAC 40 fell 0.4% to 8,260.77, while Germany's DAX lost 0.6% to 25,798.01. In Asia, Tokyo’s Nikkei 225 dropped 2.9% to…...