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After the close on Friday, Moody’s dropped a bombshell downgrade of US government debt from AAA to Aa1. But, does it matter?
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of ...
House Republicans advanced President Donald Trump's "big, beautiful bill" through a key hurdle on Sunday night.
Treasury Secretary Scott Bessent said on Sunday, that tariff rates will go back to "reciprocal" levels if trade deals aren't made during the 90-day pause. “President Trump has put them on notice that ...
President Donald Trump recently warned Walmart to avoid raising any prices from the tariffs and vowed to keep a close watch ...
The EU has today sharply cut its euro zone economic growth forecast for 2025 because of global trade tensions sparked by US ...
BRUSSELS — The European Commission downgraded its estimates for the bloc’s growth in 2025 due to the effects of U.S.
Euro-area inflation will fall below the European Central Bank’s target next year because of fallout from US trade policies, ...
The Trump administration conceded this weekend what economists, CEOs and consumers already knew: Americans pay for tariffs.