U.S. President Donald Trump signed an executive order on Thursday imposing a 15% tariff on imported…
Category: Global Economy
Macro news: growth, inflation, trade, central institutions and economic policy worldwide.
Nintendo Profits Surge 53% on US Tariff Refunds, Sales Drop
Nintendo reported a 53.5% increase in profits for the June quarter, driven by refunds from U.S.…
Treasury Secretary Declares K-Shaped Economy Is Over
U.S. Treasury Secretary Scott Bessent declared the K-shaped economy is officially over during a CNBC interview…
Fed Officials Urge Rate Hike Amid Persistent Inflation
Three Federal Reserve officials expressed concerns on Friday that not raising interest rates was a mistake,…
Eurozone, US Economies Show Growth Amid AI Investment Surge
The eurozone economy expanded by 0.4% in the second quarter, surpassing expectations of 0.2%, driven by…
Fed Holds Rates Steady Amid Inflation and Oil Price Concerns
The Federal Reserve announced on Wednesday it would keep its benchmark interest rate steady at approximately…
Shein Reports $99M Loss Amid Rising Tariffs, IPO Challenges
Shein reported a $99 million loss for the first quarter of 2026, a significant decline from…
US Sanctions Target Iran’s Economy Amid Ongoing Tensions
As the United States intensifies its economic pressure on Iran, senior officials believe that sanctions may…
New US Tariffs Offer India Competitive Edge Amid Challenges
The United States recently announced new tariffs affecting 60 countries, including India, as part of an…
Trump Imposes New Tariffs on 60 Countries Amid Legal
The Trump administration has imposed tariffs of 10% to 12.5% on imports from over 60 countries,…