Why inflation may not stop tariffs
Investing.com — Despite increased inflation concerns, tariffs are likely to persist in the U.S., as outlined by UBS Chief Economist Paul Donovan. Voters’ concerns about inflation were pivotal in recent…
Editor’s Pick
2661 posts
Will the Fed factor in Trump’s fiscal policy plans at its December meeting?
Investing.com – At a press conference following the Federal Reserve’s decision to slash interest rates by 25 basis points last week, Chair Jerome Powell noted that the potential economic policies of…
New Zealand inks ‘sustainable’ trade deal with Switzerland, Costa Rica and Iceland
SYDNEY (Reuters) – New Zealand signed a trade deal on Saturday with Switzerland, Costa Rica and Iceland to remove tariffs on hundreds of sustainable goods and services, in a move…
S&P revises Ireland’s outlook on Apple back-tax boost; Fitch affirms ratings
(Reuters) -S&P Global Ratings revised Ireland’s outlook to “positive” from “stable” on Friday, citing extraordinary overperformance in corporate tax receipt collections, while peer agency Fitch affirmed its ratings at “AA”…
Argentina to partially eliminate tax on goods purchased abroad
BUENOS AIRES (Reuters) – Argentina will partially eliminate taxes levied on goods purchased abroad, a senior official announced on Friday, part of a broader economic opening championed by libertarian President…
In El Salvador, crypto investors cheer Trump-powered Bitcoin rally
By Nelson Renteria NUEVO CUSCATLAN, El Salvador (Reuters) – Bitcoin enthusiasts meeting in El Salvador on Friday said a recent surge in the cryptocurrency’s value since Donald Trump’s U.S. election…
Eyenovia to end eye drug study, cut 50% of its workforce
(Reuters) -Eyenovia said on Friday it will discontinue a late-stage study for its experimental drug-device combination to treat near-sightedness and cut about 50% of its workforce. Shares of the company…
Mexico budget proposal trims 2025 deficit, sees better growth
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister…
Fed’s Goolsbee sees another 125 bps of rate cuts by end-2025
(Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter…
Exclusive-Compass Minerals attracts takeover interest from buyout firms, sources say
By Anirban Sen and Ernest Scheyder (Reuters) -Compass Minerals is in talks with private-equity firms to sell itself, three sources familiar with the matter said, after an aborted lithium-mining project…