#economy
Latest cryptocurrency news and articles about economy. Stay updated with developments, analysis, and insights.
BRICS payments system now connects to 185 countries
The BRICS-linked Cross-Border Interbank Payments System (CIPS) has expanded across 185 countries, allowing international payments in Chinese yuan without using the U.S. dollar, according to data from ...
Trump hits Canadian goods with 10% tariffs before Carney talks
President Donald Trump said on Saturday he is adding an extra 10% tariff on imports from Canada. He said the move is a response to a TV ad that used a Ronald Reagan speech in what he called a misleadi...
Scope Ratings downgraded the US credit rating to AA- due to worsening public finances
Washington’s drawn-out budget standoff has prompted Scope Ratings to trim the US’s credit grade by one notch. The European agency, which had earlier cautioned of the risks of a spending impasse, has a...
Sanae Takaichi told Trump the Japan–U.S. alliance is her top priority in their first call since she took office
Japan’s new Prime Minister Sanae Takaichi held her first official phone call with Trump on Saturday, soon after taking office last week. The call came while Trump was aboard Air Force One, traveling t...
Who really sets gold prices? The traders behind the metal’s daily moves
There is a small group of traders, analysts, and bullion specialists who monitor global markets full-time and then decide on its prices every single day. These guys sit in offices across New York, Lon...
Trump’s AI-fueled boom hides strain on small businesses as tariffs and costs rise
The $350 billion AI splurge by America’s biggest tech companies is giving Donald Trump’s economy a shiny look, but beneath the surface, small businesses and workers are dealing with higher prices, wea...
Toyota to export U.S.-built cars to Japan ahead of Trump’s visit to Tokyo
Toyota Motor is preparing to ship U.S.-built vehicles back to Japan in a move tied to President Donald Trump’s upcoming three-day visit. According to NHK, Toyota will inform Washington of this plan wh...
Fed faces murky path as tariffs start to bite
Federal Reserve Chair Jerome Powell is heading into next week’s policy meeting with no reliable data left to guide him. September’s inflation report was the last clear signal he got before the governm...
President Trump to sign Asia mineral deals to pile pressure on Xi Jinping
President Donald Trump, in his usual style, plans to sign mineral deals in Asia, hoping to increase pressure on Chinese President Xi Jinping ahead of their much-speculated but yet-to-be-confirmed meet...
Bessent dismisses Wall Street’s market risks warnings in push for Trump’s policies
Scott Bessent, the hedge fund manager from South Carolina, now serving as Donald Trump’s Treasury secretary, has fired back at Wall Street’s constant complaining. Speaking from his office overlooking ...
Global equity funds end October strong as investors regain risk appetite
Global funds posted strong records in three weeks following an easing of U.S.-China trade tensions. The easing inflation data in the U.S. has also pushed the global fund markets to strong results. Lip...
EU warns of trade retaliation if China escalates rare-earth exports curbs
European Commission President Ursula von der Leyen said on Saturday that Brussels will “use every tool” it has to counter China’s tightening control over critical raw materials, warning that the bloc ...