Thursday, June 19, 2025

Tag: economic

Wall Street Takes a Dive as Tensions Rise Over Iran

The New York stock market fell sharply due to rising tensions in the Middle East and declines in major tech and solar stocks.

Trump, Vance Urge Fed to Cut Rates After CPI Miss

Trump and Vance urge the Fed to cut interest rates after disappointing May CPI data, signaling a deceleration in U.S. inflation.

Brent and WTI Reach Multi-Week Highs Following Renewed Trade Talks

International oil prices rise for three consecutive days, driven by U.S.-China trade talks and hopes for increased demand.

Rare Earths at the Center as U.S.–China Trade Talks Restart in London

U.S. and China resume trade talks focusing on rare earth exports, aiming to ease tensions after recent tariff disputes.

Tariff Talks to Continue at G7 as Japan Abandons Pre-Summit Meeting Plan

Japan's PM Ishiba abandons early talks with Trump, focusing on tariff negotiations during the G7 Summit amid ongoing stalemate.

Trump Pushes Powell to Cut Rates Amid Disappointing Jobs Report

Trump pressures Fed Chair Powell to cut interest rates amid slowing job growth, citing potential recession risks for the U.S. economy.

Nvidia Beats Expectations with AI-Driven Growth, Stock Rallies Post-Close

The New York stock market fell ahead of Nvidia's earnings, which later exceeded expectations, boosting investor confidence and tech stocks.

First Sale Rule Gains Renewed Traction Amid New U.S. Tariffs

As tariffs rise, companies are revisiting the First Sale Rule to lower import duties, despite its strict requirements and paperwork.

Cryptocurrency Soars Past $111K, Driven by Policy Tailwinds and Institutional Demand

Bitcoin hits a new all-time high of over $111,000, driven by regulatory optimism and institutional interest amid market divergence.

Shockwaves in Finance: U.S. Credit Rating Slips from Aaa to Aa1

South Korea's finance ministry reviews market impact after U.S. credit downgrade, noting potential volatility amid ongoing uncertainties.

Powell Just Compared Today’s Risks to the 1970s Oil Crisis

Jerome Powell warns of prolonged high-interest rates, linking them to Trump's tariffs and potential supply shocks impacting the economy.

Oil Prices Tumble as Trump Teases Breakthrough Deal with Iran

International oil prices fell as Trump pushes for a nuclear deal with Iran, which could ease sanctions and stabilize the market.