Economy – Page 26 – Golden Financier

Economy

Zinc prices rally on US rate cut hopes, despite supply oversupply

Zinc prices surged above the $2,800 per ton threshold on Friday, buoyed by hopes of an early US interest rate cut following the Federal Reserve Chairman Powell’s speech. However, the sustainability…

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Economy

Trump threatens China with ‘200%’ tariff on critical magnet supply

In a dramatic escalation that threatens to shatter a fragile trade truce, US President Donald Trump has issued a stark ultimatum to Beijing, warning of crippling new tariffs if China…

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Economy

‘I will not resign’: Fed Gov Lisa Cook defies Trump in an extraordinary power struggle

In an unprecedented and explosive assault on the independence of the US central bank, President Donald Trump has declared he is immediately removing Federal Reserve official Lisa Cook from her…

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Economy

Papa John’s to re-enter India in October with 650-store expansion plan

Papa John’s International is set to make a comeback in India this October, nearly eight years after it shut down operations in the country following years of underperformance. The US…

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Economy

Europe markets open: Stocks fall as Trump’s Fed firing sparks global turmoil

A political shockwave emanating from Washington is set to send European markets tumbling at the open on Tuesday, as investors grapple with an unprecedented assault on the independence of the…

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Economy

The coming Fed pivot: what it means for markets now

The Federal Reserve is edging closer to another rate cutting cycle. The last time the benchmark interest rate was reduced was in December 2024.After two years of fighting inflation with…

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Economy

Germany wants to revive its military but the economy says no

Germany is spending more on defence than at any time since World War II. Yet the country cannot find enough young people willing to join the armed forces.At the same…

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Economy

Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

At the 2025 Jackson Hole Symposium, Fed Chair Jerome Powell addressed the effects of President Trump’s tariffs on the US economy. He noted that the tariffs are already pushing up…

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Economy

Trump threatens to fire Fed Governor Lisa Cook amid mortgage fraud allegations

President Donald Trump escalated his pressure campaign on the Federal Reserve Friday, vowing to fire Governor Lisa Cook if she does not resign. The threat comes amid allegations of mortgage…

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Economy

Canada rolls back retaliatory tariffs, moves toward calmer US trade relations

Canada is set to remove a number of retaliatory tariffs on US goods, a move that comes after months of rising trade tension with Washington. As per a Bloomberg report,…

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