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Economy

Fed losing independence would pose a serious danger, says Lagarde

Economy

Lagarde warns of serious dangers if Fed loses independence

Joseph Halloway

The independence of central banks has long been considered a cornerstone of economic stability, providing a safeguard against political interference in monetary policy. Recently, European Central Bank President Christine Lagarde…

Beijing opposes 'bully' US for 50% tariffs on India

Economy

Beijing slams ‘bully’ US for 50% tariffs on India

Joseph Halloway

El panorama del comercio mundial ha entrado en otra fase turbulenta, mientras que Beijing ha criticado con dureza la reciente decisión de Washington de imponer altos aranceles a los productos…

Economy

Trump backs down from 250% EU pharma tariff in deal

Joseph Halloway

The likelihood of a trade conflict between the United States and the European Union has been avoided after former U.S. President Donald Trump decided not to implement a significant duty…

US in talks over 10% Intel stake, White House confirms

Economy

White House affirms US in talks for 10% Intel stake

Joseph Halloway

The government of the United States is said to be evaluating a major action that could transform the future of the semiconductor sector. Talks have emerged regarding the potential acquisition…

Newsmax settles Dominion election defamation case for m

Economy

Dominion election defamation lawsuit settled by Newsmax for $67m

Joseph Halloway

Newsmax has settled its legal disagreement with Dominion Voting Systems by consenting to a $67 million payment, concluding a significant defamation case associated with the 2020 U.S. presidential election. This…

Air Canada to resume flights after pay deal struck with union

Economy

Air Canada flights set to restart following union pay deal

Joseph Halloway

Air Canada has reached an agreement with its unionized workforce, bringing an end to the uncertainty that surrounded its recent labor dispute and setting the stage for flight operations to…

Economy

Qantas hit with record fine for illegal layoffs during pandemic

Joseph Halloway

The conclusion of a long-running legal dispute has resulted in a landmark decision, with a major airline facing a record-setting penalty for its actions during the pandemic. The ruling against…

US inflation holds but underlying prices creep up

Economy

US inflation holds steady though underlying prices rise

Joseph Halloway

The consumer price index (CPI) in the United States has stayed stable; however, further examination shows a slow ascent in fundamental prices. This scenario signifies a complex economic context where…

Trump's pick to lead economic data agency floats ending monthly jobs report

Economy

Trump’s economic data agency nominee mulls ending monthly jobs report

Joseph Halloway

The potential for a significant shift in how the United States government reports its employment statistics has emerged, sparking a wide-ranging discussion among economists, policymakers, and financial market participants. A…

Economy

Nvidia and AMD to pay 15% of China chip sales to US

Joseph Halloway

Nvidia and AMD, two leading players in the semiconductor industry, are set to allocate 15% of their revenue from chip sales in China to the United States government. This new…