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Oil Price Spike Drives US 10-Year Treasury Yield to 5%

The cost of borrowing for the U.S. government has reached a significant milestone, with yields on the 10-year Treasury bond hitting 5% for the first time since 2023. This surge in borrowing costs comes in the wake of a sharp sell-off in global bond...
Business

Trump to Eliminate 10% Tariff on Irish Whiskey Imports

President Donald Trump has announced his intention to eliminate the 10% tariff currently imposed on Irish whiskey imports to the United States, a decision that could potentially reduce trade tensions with Dublin. The news was revealed during the trophy ceremony at the Irish Open...

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Business

Canada Imposes New Tariffs Escalating Trade Dispute With US

Canada has introduced a set of retaliatory tariffs on American goods, intensifying the ongoing...
Business

August Sees 162,000 New Jobs; Unemployment Stays Steady at 4.1%

The United States saw an addition of 162,000 jobs in August, marking a notable...
Business

U.S. Tariff on Malaysia Could Exceed 10%, Officials Warn

Industry expert Datuk Seri R. Jeyenderan has cautioned that Malaysia should not view the...
Business

Breaking: Apple Awards Tim Cook $47 Million in Executive Compensation

Tim Cook has transitioned from his role as Apple's chief executive to take on...
Business

Bessent Supports Japan’s Yen Boost as Rate-Hike Speculation Increases

In a significant development for global financial markets, U.S. Treasury Secretary Scott Bessent has...
Business

Warsh’s Speech at Jackson Hole to Clarify US Interest Rate Direction

With anticipation building for US Federal Reserve Chair Kevin Warsh’s speech at the Jackson...
Business

Venezuela and US Forge New Oil Agreement, Announces Trump

The United States has struck a new oil deal with Venezuela, which President Donald...
Business

August Sees Seven-Month Low in US Consumer Confidence

In August, consumer confidence in the United States saw a decline, reflecting ongoing concerns...
Business

Druckenmiller Urges Bessent to Avoid US Bond Market Intervention

Billionaire investor Stanley Druckenmiller has expressed skepticism towards the U.S. Treasury's strategy of increasing...
Business

Trump Imposes 50% Tariff on Canadian Vehicles and Steel Imports

In a move that intensifies trade tensions between the United States and Canada, President...
Business

Trump Postpones Canada Tariffs, Resurrects Keystone XL Pipeline Proposal

In a recent development, U.S. President Donald Trump has decided to postpone the implementation...
Business

US Charges 38 Nations with Aiding Transshipment of Chinese Products

The United States has charged 38 countries, along with the European Union, with being...
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Marco Rubio Visits India to Discuss Trade Tensions with Modi

US Secretary of State Marco Rubio commenced a four-day visit to India on Saturday,...
Business

Iran Tensions and Supply Concerns Push Oil Prices Past $100

Global oil prices have climbed back above the $100 per barrel threshold following recent...
Business

US and Taiwan Strengthen Defense Ties to Tackle Rising Security Threats

Taiwan and the United States are enhancing their defense industry collaboration amid increasing security...
Business

U.S. Plans 25% Tariffs on Brazil Amid Existing Trade Surplus

The Trump administration has put forward a proposal to impose a 25% tariff on...

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