Tag: Trump administration

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Powell Calls for Review Amid Fed Building Cost Dispute

Trump Pressures Fed Over $2.5 Billion Renovation Project Federal Reserve Chair Jerome Powell has requested an internal investigation into the escalating costs of renovating the...

U.S. Eases Self-Driving Car Rules to Speed Deployment

The National Highway Traffic Safety Administration (NHTSA) announced new measures to streamline the approval process for automakers seeking to deploy fully self-driving vehicles without...

Euro Zone Inflation, U.S. Tariffs Drive Market Sentiment

The European trading day on Tuesday is set to be dominated by the release of flash euro zone inflation figures for May, a key...

Pharmaceutical Imports Surge Ahead of Potential U.S. Tariffs

Pharmaceutical imports to the U.S. skyrocketed in March, as drugmakers rushed to stock up ahead of potential tariffs on their products. Historically exempt from...

Gerdau Considers Boosting U.S. Output Amid Tariff Changes

Brazilian steelmaker Gerdau (GGBR4.SA) is reconsidering its plan to build a new steel plant in Mexico, opting instead to potentially increase its production capacity...

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Yen Struggles as Fed and BOJ Diverge on Rate Outlook

BOJ holds rates steady, yen logs worst month since...

China Pledges to Resume U.S. Soybean Imports

Three-year commitment aims to restore lost trade ties China has...

Amazon stock surges after AWS reaccelerates to 20% growth

Third-quarter earnings and sales beat forecasts Amazon shares jumped over...

Dollar Rises as Fed Pushes Back on December Rate Cut

Powell tempers expectations, markets adjust accordingly The U.S. dollar climbed...

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