Economics

BOJ May Downplay U.S. Tariff Risk in New Report

The Bank of Japan will continue to express caution about U.S. tariffs' economic effects in its upcoming quarterly report but will present a more positive outlook than...

Hedge Funds Position for Fed Shake-Up Under Trump

Hedge funds are preparing new strategies because U.S. President Donald Trump might remove Federal Reserve Chair Jerome Powell before his term ends which could create market instability...

Traders Bet on Fed Rate Cuts as Trump Targets Powell

The market participants increased their bets on interest rate reductions on Wednesday after hearing that President Donald Trump was planning to dismiss Federal Reserve Chair Jerome Powell....

Morgan Stanley Eyes Deals But Sets High Bar

Morgan Stanley is looking at potential acquisitions but only if they meet very strict strategic criteria, CEO Ted Pick told analysts on Wednesday. The company is open to...

U.S. Firms Unveil $90 Billion in AI, Energy Projects

Several major tech and investment companies in the United States have revealed plans for AI and energy infrastructure initiatives amountin...

Volvo Takes $1.2 Billion Charge Over Tariffs, Delays

Volvo Cars will record a $1.2 billion second-quarter impairment charge because of tariffs and launch delays on two essential electric...

GM to Produce Cheaper EV Batteries at Tennessee Plant

General Motors has announced plans to start manufacturing LFP battery cells at its Spring Hill Tennessee facility by late 2027...

Senator Questions United-JetBlue Deal Over Competition Fears

United Airlines and JetBlue face opposition from Senator Richard Blumenthal because he believes their proposed alliance will reduce market competition...