Friday, May 30, 2025

Tag: Economy

U.S. Markets Rebound Post-Holiday on Optimism Over U.S.–EU Trade

U.S. stock markets surged after tariff negotiations, with M7 tech companies leading gains, notably Tesla and Nvidia.

Oil Prices Slide for Third Day as U.S.-Iran Talks and OPEC+ Output Plans Weigh on Market

Oil prices decline as OPEC+ considers increasing output amid nuclear talks, settling at $64.44 for Brent and $61.20 for WTI.

Nvidia Surges Past Apple: A New Era in Tech Stocks

U.S. stock market mixed as tech stocks rise; Nvidia and Tesla see gains while Dow falls. eToro surges in IPO debut.

WTI and Brent Bounce Back as Markets Bet on Trade Diplomacy

Global oil prices surged following a U.S.-UK trade deal, raising hopes for similar agreements and boosting economic optimism.

Golden State Ascendant: How California Became a Global Economic Powerhouse

California's economy has surpassed Japan's, reaching $4.1 trillion, with a growth rate of 6% amid concerns over tariff policies.

Crude Slips After Trump Criticism of Fed Sparks Market Turmoil

Oil prices plummet as Trump's criticism of Fed Chair Powell triggers market turmoil; gold hits record high amid safe-haven demand.

‘Buy British’ Is Trending Again—Here’s What’s Driving It

A survey shows 71% of Britons support buying local products amid concerns over U.S. tariffs and rising living costs.

Oil Prices Explode as Trump Hits Pause on Tariffs—WTI Rockets 4.6%

Oil prices surged after Trump announced a 90-day suspension of tariffs, reversing a four-day decline in the market.

Oil Sinks 18% Over Four Straight Days as Tariff Tensions Escalate

Oil prices fell sharply due to Trump's new tariffs on China, raising fears of a global economic slowdown. Brent crude dropped 2.16%.

ECB Signals June Cut as Trade Tensions Weigh on Growth

The ECB is likely to cut interest rates twice amid recession fears linked to Trump's tariffs, raising concerns about the Eurozone economy.

Brent Drops 14% Over 3 Days on Recession Concerns

Oil prices fell as Trump warned of new tariffs on China, raising recession fears and impacting global demand for crude oil.

Oil Prices Sink 7% as Trade Tensions Raise Fears of Global Slowdown

Global oil prices fell sharply by 7% due to trade tensions and OPEC+ plans to boost production, hitting four-year lows.