EU Considers Measures to Mitigate Steel Tariff Impacts
The European Union investigates different methods to reduce the negative effects of U.S. tariffs and Chinese steel overcapacity on its...
Economics
European Central Bank Cuts Interest Rates to 2%
The European Central Bank (ECB) decreased its benchmark interest rate by 25 basis points to 2% which represents its eighth...
China’s Rare Earth Export Curbs Rattle Global Industries
The worldwide concern about supply chain disruptions is rising because China’s export restrictions on critical minerals and rare earth magnets...
U.S. Doubles Metal Tariffs as Deal Deadline Nears
The U.S. has raised steel and aluminum import tariffs to 50% because President Donald Trump wants trading partners to present...
German Carmakers Fear Disruption from China’s Rare Earths Export Curbs
The powerful auto lobby in Germany predicts that China's new export restrictions on rare earths will stop production at major...
Home Prices to Keep Rising as Tariffs Cloud Outlook
The U.S. housing market will experience a 3.5% price increase during this year despite ongoing tariff challenges and persistent high...
Venezuela Increases Taxes Amid Oil Revenue Decline
The Venezuelan government has started to raise taxes and public service fees for private businesses because U.S. sanctions have reduced...
Fed’s Waller Open to Interest Rate Cuts in 2025
Federal Reserve Governor Christopher Waller stated that interest rate reductions could occur during the second half of the year despite...
Boeing Nears End of Legal Saga as DOJ Seeks to Dismiss Charges
The U.S. Justice Department has asked a federal judge to drop the criminal fraud charge against Boeing regarding the fatal...
Elon Musk Faces Business Challenges as He Leaves Washington
After his brief Washington stint as President Donald Trump’s chief cost-cutter Elon Musk has returned to the business world. The...
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