As President Trump intensifies pressure on the Federal Reserve to cut interest rates, the central bank is expected to hold its ground, citing strong economic indicators despite rising inflation fears linked to tariffs.
A surprising trade truce between the U.S. and China has led financial institutions to revise their growth forecasts for China, boosting optimism in the stock market. Discover how this agreement impacts GDP predictions and equity strategies.
In a surprising move, OPEC+ has decided to accelerate oil production hikes, leading to a more than $2 drop in oil prices. With Brent crude now at $59.25 a barrel, concerns grow over a potential supply surplus as tensions rise in the Middle East.
Ford Motor Company has reported a 1.3% decline in first-quarter U.S. vehicle sales, impacted by the discontinuation of the Ford Edge SUV and looming tariffs from President Trump. Despite this, retail sales surged by 5% in the same period, driven by consumer urgency to buy before prices rise.
