NAFTA negotiators hone in on origin rules, dispute settlement NAFTA negotiators hone in on origin rules, dispute settlement: U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the […]
Investors sell stocks, dollar on fears Trump agenda is foundering Investors sell stocks, dollar on fears Trump agenda is foundering: Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to fulfill his economic agenda. […]
Chevron drops appeal over landmark Australian tax ruling Chevron drops appeal over landmark Australian tax ruling: Chevron Corp (CVX.N) has withdrawn an appeal to Australia’s High Court over a disputed A$340 million ($268 million) tax bill, leaving in place a landmark court ruling on related-party loans that could affect other […]
Auto groups side with Canada, Mexico on NAFTA origin rules Auto groups side with Canada, Mexico on NAFTA origin rules: Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade […]
Fed, split by inflation, should forge on with rate hikes Fed, split by inflation, should forge on with rate hikes: A Federal Reserve policymaker on Wednesday staked out the hawkish argument for carrying on with U.S. interest rate hikes even while weak recent inflation readings have split opinions among her […]
Fed policymakers grow more worried about weak inflation Fed policymakers grow more worried about weak inflation: Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes until it was clear the trend was transitory, according to the minutes of the U.S. central […]
Asia shares up as North Korea tensions ease, wary Fed weighs on dollar Asia shares up as North Korea tensions ease, wary Fed weighs on dollar: Asian stocks edged higher on Thursday as tensions between the United States and North Korea came off the boil, while the Federal Reserve’s concerns […]
U.S. talks tough on trade deficit as NAFTA discussions begin U.S. talks tough on trade deficit as NAFTA discussions begin: The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and […]
Americans’ debt level notches a new record high Americans’ debt level notches a new record high: Americans’ debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card debt, […]
