BCA warns of growing risk of trade war escalation by 2027
US trade tensions are expected to remain relatively subdued through 2026, before potentially escalating again in 2027.
Trump to raise global tariff rate to 15% following supreme court ruling
The increased tariff will take effect immediately and could remain in place for up to 150 days under current trade law, though the measure could face legal challenges.
Trump announces medical mission to Greenland amid tensions
President Donald Trump announced plans to send a hospital ship to Greenland, further complicating ongoing diplomatic tensions between the United States and Denmark.
China's AI rally gains momentum amid investor fears
Rather than fearing the potential for AI disruption, investors in mainland China and Hong Kong are aggressively pursuing perceived winners.
Experts and analysts have assessed the Supreme Court's decision on tariffs
The highest court, in a 6-3 decision, said that Trump's use of the 1977 law called the Emergency Economic Powers Act (IEEPA) to impose tariffs was unlawful.
OpenAI adjusts growth plans with $600B target for computing
OpenAI has significantly revised its long-term financial roadmap, signaling a shift towards more disciplined spending on artificial intelligence.
8 reasons why the Supreme Court win is not a complete victory
The U.S. trade landscape was turned upside down on Friday after the Supreme Court ruled that the Trump administration's tariffs imposed under the IEEPA were unlawful.
The euro is at a monthly low — what caused the crash?
Investors are selling risky assets and moving to the safe-haven dollar as the United States prepares for a possible military strike against Iran, according to Bloomberg.
Fed's Logan: Policy is well positioned against inflation
Federal Reserve Bank of Dallas President Lori Logan said Friday that monetary policy is well positioned to address economic risks
The dollar is showing its best weekly gain since October, as hopes for a rate cut fade
The dollar index rose 0.9% for the week, the yen fell more than 1%, and the euro fell 0.9% to $1.1758.