NAFTA trade ministers to square off over hard-line U.S. demands NAFTA trade ministers to square off over hard-line U.S. demands: The proposals to drastically reshape the North American Free Trade Agreement to help shrink U.S. trade deficits have cast a pall over the modernization talks, leaving some participants and analysts […]
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As the quartet breaks up central banking leadership flux looms As the quartet breaks up central banking leadership flux looms: The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a […]
Oil jumps on fears of new Iran sanctions Iraq conflict Oil jumps on fears of new Iran sanctions Iraq conflict: Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and reduced […]
Delta refuses to pay tariffs on Bombardier CSeries jets Delta refuses to pay tariffs on Bombardier CSeries jets: Delta Air Lines Inc on Wednesday said it would refuse to pay a 300 percent U.S. tariff on Canadian-built Bombardier CSeries jets, raising doubts about its purchase of 75 of the new […]
Fed divide on inflation intensified at September policy meeting Fed divide on inflation intensified at September policy meeting: Federal Reserve policymakers had a prolonged debate about the prospects of a pickup in inflation and slowing the path of future interest rate rises if it did not, according to the minutes […]
U.S. Treasury dashes hopes for near-term World Bank capital hike A U.S. Treasury official dashed hopes for a World Bank capital increase in the near term, saying the multilateral lender first needs to review its balance sheet to ensure resources are going to countries and projects that need them most. […]
Storms impact U.S. job market trade expected to bolster economy Storms impact U.S. job market trade expected to bolster economy: The number of Americans filing for unemployment benefits fell more than expected last week, but the continued impact of Hurricanes Harvey and Irma on the data made it difficult to […]
Panel finds U.S. washing machine makers hurt by LG, Samsung imports Panel finds U.S. washing machine makers hurt by LG, Samsung imports: The U.S. International Trade Commission found on Thursday that surging imports of large residential washing machines harmed domestic producers, a major step toward the imposition of broad duties […]
Wall Street starts quarter higher data signals strength Wall Street starts quarter higher data signals strength: U.S. stocks started the fourth quarter on a strong note on Monday, with all three major indexes hitting record high closes as data pointed to underlying strength in the economy. A measure of U.S. […]
Equifax says cyber attack may have hit 2.5 million more U.S. consumers Equifax says cyber attack may have hit 2.5 million more U.S. consumers: U.S. credit reporting firm Equifax Inc (EFX.N) said about 2.5 million additional U.S. consumers may have been impacted by a cyber attack at the company last […]