There's been a noticeable change in China's stance on trade talks with the U. S. Chinese officials have recently started considering talks with the U. S. This is a significant shift from last week, when they flat-out rejected any discussions while the U. S. maintained its "unilateral tariffs. " The Chinese Ministry of Commerce spokesperson revealed that high-ranki...
The stock market in the U. S. had a rollercoaster ride after a sudden announcement about tariffs. It took just a few weeks for the market to bounce back to where it was before the shock. This happened after a president announced much higher tariffs than expected on almost all U. S. trading partners. These tariffs were so harsh that they sparked fears of a possible re...
The U. S. and China are the two biggest players in the global economy. They have been in a trade war for a while. Now, China is considering if it wants to start talking to the U. S. again. This could be a big deal for the world's economy. The U. S. has been trying to start talks with China. They want to discuss the tariffs that have been hurting both countries. China...
The stock market saw a significant boost after the U. S. government hinted at a possible easing of trade tensions with China. This shift in stance came after President Trump's comments about reducing tariffs on Chinese goods. This move was seen as a positive sign by investors, leading to a surge in stock prices. The Treasury Secretary's remarks about a pot...
The U. S. President, Donald Trump, has been vocal about his displeasure with Federal Reserve Chair Jerome Powell. This has sparked worries that he might try to remove Powell from his position. However, this move might not be enough to get the rate cuts he desires. The Federal Reserve is an independent body. It is designed to operate without political interference...
Intel is making a big move to reshape its business. The company has decided to sell most of its Altera chip division to the investment firm Silver Lake. This deal is worth a whopping $8. 75 billion. Altera is known for making chips used in wireless tech, cars, and other gadgets. This sale is a significant change from Intel's past strategy. Back in 2015, Intel bought...
The global economy is on a wild ride. The tension between the United States and China is causing waves in the financial world. The latest move by China to raise tariffs on US goods to 125% sent shockwaves through the markets. The European markets felt the heat. The Stoxx Europe 600 index took a hit, dropping about 1% before bouncing back later in the day. Across...
The stock market can be a rollercoaster. It can go up and down in a blink of an eye. It is a place where fortunes can be made and lost in a heartbeat. So, when a powerful figure like Trump gives advice on investing, people listen. But is it wise to follow his lead? Let's break it down. On a Wednesday morning, Trump took to social media. He had a message for his ...
The world of cryptocurrency has been feeling the heat lately. The trade war has sent shockwaves through the market. Bitcoin, the big name in crypto, took a hit. It dropped below $78, 000 midday on Monday. This is a significant drop from its price of $82, 400 just a few days earlier on Thursday. The announcement of "reciprocal tariffs" by the government on Wednes...
The political and economic climate is heating up. It's a tense standoff between the White House and Wall Street. The president's team and their allies are defending tariffs, a move that seems to contradict their past support for free markets. This shift is puzzling, to say the least. These are the same people who have profited greatly from globalization and open mark...