The U.S. is now Germany’s biggest trading partner — taking over from China
After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as…
Tag: US
The EU will soon get a new leadership team. Here are the names currently in the mix
BRUSSELS, Belgium — European diplomats have already started key negotiations on who will take the main jobs at the European…
Bank of England holds rates, stresses June cut depends on coming data
LONDON — The Bank of England on Thursday announced a widely-expected hold on interest rates as it said restrictive monetary…
Dollar’s status as a reserve currency to endure – Wells Fargo
The move by U.S. authorities to confiscate Russian assets could add to recent efforts to diversify from the dollar, but…
Asia FX weakens, dollar firms as markets rethink rate cuts
Most Asian currencies weakened on Wednesday, while the dollar firmed as comments from Federal Reserve officials saw markets rethink expectations…
TikTok sues to block US law that could ban app
TikTok has filed a lawsuit aiming to block a US law that would ban the video app in the country…
US reveals it paused shipment of bombs for Israel over Rafah concerns
The US last week paused a bomb shipment for Israel over concerns it was going ahead with a major ground…
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. As Americans age out…
Inflation Back in the Picture as Markets Adapt to Delayed Interest Rate Cuts
The week could be choppy as inflation data comes in hot. After a week in which a slew of Federal Reserve officials…
Economy Struggling With High Interest Rates and Stubborn Inflation
Reports out Thursday showed home sales declined and the economy facing some headwinds. A pair of economic reports on Thursday…