Saturday, July 12, 2025

Tag: Economy

Coffee Prices Jump After Trump Hits Brazil With 50% Tariff

Coffee prices surged after Trump's 50% tariff on Brazil, leading to retaliatory measures and a drop in Brazilian stocks.

Trump Pushes New 15–20% Tariffs on U.S. Trading Partners

Trump plans to impose 15%-20% tariffs on many trading partners, including a 35% tariff on Canada starting August 1.

U.S. to Hit 90 Countries With Tariffs—Unless They Make a Deal Fast

The U.S. plans to notify trading partners of tariff rates as Trump favors simpler deals over complex negotiations.

Trump Rules Out Tariff Extension, Warns Japan Could Face 35% Rates

Trump announces no extension on tariff suspension, warns Japan tariffs could rise to 30-35% amid uncertain trade negotiations.

Oil Prices Rebound as Trump Plans to Refill U.S. Reserves

Oil prices rebound as Trump plans to replenish the Strategic Petroleum Reserve, boosting demand expectations amid positive economic indicators.

U.S. Growth Slows, Pressure Builds on Fed to Act

Expectations rise for a Fed interest rate cut amid worsening labor market signs and increased unemployment claims.

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.

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.