Economy

The plunge in oil prices on Friday presented a different layer of complexity for the Organization of the Petroleum Exporting Countries and allies. In a surprising move on Thursday, the cartel…

Nike shares recovered on Friday after President Donald Trump suggested a possible agreement with Vietnam to reduce recently announced tariffs.The stock was up around 5% in late-morning trading. The Nike…

Klarna and StubHub have shelved their much-anticipated plans to go public as a fresh wave of market volatility triggered by President Donald Trump’s sweeping tariff announcement rippled through global financial…

Federal Reserve Chair Jerome Powell has raised alarm over President Donald Trump’s sweeping new tariffs, warning that the economic impact could be more severe than anticipated — with inflation rising…

Australian beef farmers, traders, and industry groups announced on Thursday that they intend to pass on the additional costs incurred from US tariffs directly to American consumers. This move is expected…

Canada slipped into a trade deficit in February, despite exports and imports holding record levels.Statistics Canada’s most recent report, released on Thursday, revealed that the trade deficit reached C$1.52 billion…

US stocks suffered a sharp selloff on Thursday as President Donald Trump’s latest round of tariffs raised fears of a global trade war and economic slowdown. The S&P 500 plunged…

JPMorgan’s chief global economist has issued a stark warning about the potential consequences of President Donald Trump’s aggressive tariff policy, predicting that “There will be blood.”In a research note published…

A sweeping package of trade tariffs announced by US President Donald Trump triggered a brutal sell-off across global markets on Thursday, wiping out $208 billion from the fortunes of the…