President-elect Donald Trump has promised to impose 10% tariffs on all imports from China as soon as he takes office next month.But that might be difficult to achieve fully because tens of billions...
Bitcoin has surged above $100,000 for the first time, extending a dramatic rally as investors bet on greater political and regulatory support from US president-elect Donald Trump.The price of the...
05/12/2024
Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this month isn’t certain but remains on the table for policymakers.“In order to keep the economy in a good place we...
04/12/2024
A judge in Delaware has rebuffed Tesla’s attempt to revive a $56bn pay package for Elon Musk, saying that shareholders’ overwhelming reapproval was not enough to override her previous rejection of...
03/12/2024
US government lawyers are clamouring for jobs at corporate law firms in anticipation of vast cuts to the administrative state under Donald Trump.Hundreds of employees from agencies including the...
02/12/2024
The world’s banks are on track to report the lowest revenue from foreign-exchange and rates trading since the pandemic, hit by tighter margins and a challenging macroeconomic backdrop.Over 250 firms...
29/11/2024
Even as Mexico President Claudia Sheinbaum attempts to quell concerns over Donald Trump’s threat of 25% tariffs, economists are looking glumly at the trouble ahead should the US president-elect...
28/11/2024
Several Federal Reserve officials have signaled they’re open to cutting interest rates at a more deliberate pace next year as they grapple with the uncertainties of a Republican takeover in...
27/11/2024
A line in the sand is starting to emerge for the yuan, as China tightens its grip on a currency that is facing fresh tariff threats from US President-elect Donald Trump.The People’s Bank of China has...
26/11/2024
Economists expect Chinese exports to reach a historical high this year as customers rush to front-load orders given President-elect Donald Trump’s threat of higher tariffs when he takes office in...
25/11/2024