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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

Federal Deficit to Soar to $2.1 Trillion by 2026, Reports Show

The United States is on track to see its federal budget deficit balloon to...
Business

Trump Enacts 15% Tariff to Shield US Solar, Chip Industries

In a move aimed at bolstering domestic production and reducing dependence on China, US...
Business

Court Orders $100 Billion Refund for Trump-Era Tariffs in US.

The U.S. government has issued refunds totaling approximately $100 billion for tariffs collected under...
Business

California Increases Minimum Wage to Unprecedented $17.40 Per Hour

In a significant move for workers across California, the state will raise its minimum...
Business

U.S. Enacts 12.5% Tariff on 33% of Singaporean Exports

The United States has introduced a new 12.5% tariff on roughly one-third of Singapore's...
Business

Saudi Arabia and US Forge Historic Deal on Civil Nuclear Cooperation

The United States has entered into a groundbreaking civil nuclear cooperation agreement with Saudi...
Business

Jordan and US Forge New Trade Agreement to Boost Economic Relations

The United States and Jordan have unveiled a new trade agreement designed to enhance...
Business

US-Iran Tensions Boost Oil Prices, Sparking Inflation and Rate Concerns

Renewed military tensions between the United States and Iran have led to a spike...
Business

Breaking: Bank of England Excludes Coal Bonds from Essential Lending Operations

The Bank of England will cease to accept bonds tied to thermal coal companies...
Business

US Imposes 25% Tariffs, Brazil Expresses Strong Disapproval

The Brazilian government has expressed strong disapproval of the United States' recent decision to...
Business

Supreme Court Decision Leads to $81 Billion Tariff Refunds by US.

The U.S. government has issued $81 billion in tariff refunds to businesses following a...
Business

Trump Opts for Annual Reviews Instead of Extending USMCA Deal

The United States has chosen not to renew the United States-Mexico-Canada Agreement (USMCA) under...
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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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