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Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
Trump administration pushes EU to slap tariffs on goods from Beijing
The United States Treasury Secretary, Bessent, said that the Donald Trump administration will not add new tariffs on Chinese goods to stop China from purchasing Russian oil unless EU member states mov...
Shipping invoice on Saudi, China oil route hits highest level in 2.5 years
Shipping costs for oil from Saudi Arabia to China just jumped to $87,000 a day, the highest rate in two and a half years, according to Bloomberg. That’s the current price tag for moving 2 million barr...
Trump’s Treasury Secretary credits POTUS ultimatum for TikTok China deal
Treasury Secretary Scott Bessent said Tuesday that Donald Trump made it clear he was ready to shut down TikTok completely in the U.S., and that decision forced China to make concessions. “President Tr...
The Senate confirmed Trump advisor Stephen Miran to the Federal Reserve Board in a close 48–47 vote
On Monday, the Senate voted to confirm Trump advisor Stephen Miran, one of the White House’s leading economic voices, to the Federal Reserve Board of Governors. Senators voted 48–47, which split mostl...
A U.S. appeals court blocked President Trump’s attempt to fire Federal Reserve Governor Lisa Cook
A federal appeals court has blocked Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook. This is the first instance the president has pursued such action since the central bank’s foundin...
Oracle stock jumps as S&P 500 closed 0.4% higher, crossing the 6,600 level for the first time
Oracle jumped over 3% on Monday, moving with serious momentum after Donald Trump’s White House confirmed a preliminary TikTok deal was reached during U.S.-China trade talks in Madrid. The S&P 500 also...
It’s a Huge Week: What Will the Fed Decide on Wednesday? What Will Jerome Powell Say?
Interactive Brokers chief strategist Steve Sosnick said the Fed may scale back expectations of future interest rate cuts ahead of this week's interest rate decision. Sosnick stated that markets have a...
India and the US to hold fast-tracked trade talks in Delhi amid 50% tariff hike on Indian goods
India and the US will meet for trade negotiations in Delhi on Tuesday, only weeks after Donald Trump raised duties on Indian goods, a move that helped push the country’s exports to a nine-month declin...
Fed Slashes Interest Rates: Economic Impacts Ripple Across Financial Markets
Fed to announce its first interest cut in nearly a year. Fitch Ratings warns of inefficiencies due to Trump policies. Continue Reading: Fed Slashes Interest Rates: Economic Impacts Ripple Across Finan...
China accuses the U.S. of “unilateral bullying” over calls to impose tariffs on Russia
China came out swinging on Monday, accusing the United States of using “unilateral bullying” to force allies into slapping tariffs on Chinese goods over its oil dealings with Russia. The statement was...
BIS warns of fiscal risks as hedge funds take on government loans
The Bank of International Settlements (BIS) has warned that the disconnect between record global stock prices and increased government debts risks financial stability. The bank’s survey shows that inf...
Trump plans major sanctions on Russian oil, but wants the EU to act first
The European Union is finalizing its 19th sanctions package against Russia, targeting everything from oil flows to crypto platforms to banking systems, according to Bloomberg. These new restrictions w...