A growing number of international tourists are cancelling or reconsidering travel to the United States, citing a hostile political climate, new visa restrictions, and concerns over arbitrary detentions at immigration checkpoints, a report by The New York Times has said.The trend comes as the Trump administration moves forward with policies…
Dollar Tree Inc. has announced the sale of its struggling Family Dollar business for $1 billion to investment firms Brigade Capital Management and Macellum Capital Management. Dollar Tree Inc.’s stock climbed 3.4% early Wednesday to lead S&P 500 premarket gainers, however, at 9:08 am pre-market, it was up by only…
Optimism among chief financial officers (CFOs) has declined in the first quarter of the year as rising tariff risks and economic uncertainty cast a shadow over business expectations. A new survey conducted by two Federal Reserve banks and Duke University found that optimism, which had surged following President Donald Trump’s…
Oil prices were mostly flat after rising earlier in the session on Thursday due to a fall in US inventories. According to the US Energy Information Administration, crude oil inventories in the country decreased by 3.3 million barrels to 433.6 million barrels in the week ended March 21. Prices also had support…
US President Donald Trump has announced new import tariffs of 25% on cars and car parts, a move that threatens to escalate global trade tensions. The tariffs will take effect on April 2 for vehicle imports, with levies on parts expected to follow in May or later. Trump defended the…
Gold prices reached new record highs on Thursday as escalating trade tensions drove investors toward safe-haven assets.“The uncertainty over US President Donald Trump’s impending reciprocal tariffs on April 2 keeps investors on the edge,” Haresh Menghani, editor at FXstreet, said in a report. This, along with the growing acceptance that the…
It sounds like science fiction: a digital currency created by a pseudonymous coder helps rescue the world’s largest economy from a sovereign debt spiral. But that’s exactly a conversation that is reaching Washington and Wall Street.The idea is that Bitcoin could be the answer to the US debt problem.And this idea…
The Australian Competition and Consumer Commission (ACCC) issued a warning on Thursday, highlighting the potential for a gas supply shortage on Australia’s east coast during the winter season (July-September). This shortfall could occur if producers of liquefied natural gas (LNG) choose to export all of their uncontracted gas. The ACCC’s statement underscores…
Elon Musk has once again secured the title of the world’s richest person, according to the Hurun Global Rich List 2025 with the Tesla and SpaceX chief’s net worth surging to $420 billion, cementing his dominance among global billionaires.While Musk maintained his lead, the rankings witnessed a major shakeup with…
A growing number of international tourists are cancelling or reconsidering travel to the United States, citing a hostile political climate, new visa restrictions, and concerns over arbitrary detentions at immigration checkpoints, a report by The New York Times has said.The trend comes as the Trump administration moves forward with policies…