The Swiss watch industry is reeling as President Trump’s 39% tariff on Swiss exports kicks in. With the US being their largest market, brands face price hikes and a potential sales crisis. Will customers bear the burden?
President Trump announces a new 25% tariff on Indian goods, citing high tariffs and India’s oil purchases from Russia. This move could disrupt U.S.-India trade relations and impact the economy.
The U.S. economy rebounded with a 3% GDP growth in spring, following a contraction earlier in the year. However, experts warn of potential slowdowns as consumers face rising prices and trade uncertainties.
The euro zone economy achieved a surprising 0.1% growth in Q2, defying predictions of stagnation. Experts attribute this resilience to limited impacts from U.S. trade policies, despite ongoing uncertainty in negotiations.
HSBC's pretax profit dropped 26% in the first half, signaling challenges ahead for CEO Elhedery as losses mount in China. The bank restructures to adapt to changing markets amid a struggling property sector.
Despite initial hesitation, I purchased the Nintendo Switch 2, and here's why I think it was a smart decision. With fun games like Mario Kart World and Donkey Kong Bananza, plus potential price increases, now might be the best time to buy!
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.
Against all odds, Trump appears to have won a trade war victory, boosting tariffs without the expected fallout. But with rising tensions in Europe and Canada, can this success last? Dive into the details.
Stock futures are stable as S&P 500 and Nasdaq reach new record highs. With trade deals in play, investors are eager for earnings reports and Fed decisions this week. Will the market rally continue?
Experts suggest the recent EU-U.S. trade agreement might inadvertently benefit the U.K. economy by making its exports cheaper than those from the EU. This could lead to increased trade and manufacturing shifts to the U.K., positioning it as an unexpected winner.