Economy News

Economy

Bank of Canada Highlights Unpredictable US Tariffs as Major Threat to Financial Stability

The Bank of Canada warns that US tariffs pose significant financial risks due to their unpredictability and potential for severe economic consequences, including market volatility ...

Economy

Trump Celebrates Historic UK-US Trade Deal: A New Era of Economic Partnership Begins

President Donald Trump announces a groundbreaking trade deal with the UK, enhancing US export access and reducing trade barriers, marking a new era in US-UK economic relations.

Economy

UK Prime Minister Keir Starmer Announces Groundbreaking US Trade Deal to Boost Economy and Jobs

UK Prime Minister Keir Starmer has announced a new trade deal with the US aimed at boosting trade, protecting jobs, and opening new markets, marking a significant step in UK-US eco...

Economy

US Natural Gas Storage Surges: A 104 Bcf Weekly Increase Shakes Market

The US natural gas inventories saw a weekly increase of 104 Bcf, reaching 2,145 Bcf, as reported by the EIA. Despite a yearly decline, stockpiles remain above the five-year average...

Economy

Fed Chair Powell Issues Stark Warning: Tariffs May Spike Inflation and Stunt Economic Growth

Federal Reserve Chair Jerome Powell warns that escalating tariff policies could lead to higher inflation and slower economic growth, as the Fed decides to hold interest rates stead...

Economy

Korea's Economic Future at Risk: Could Face Negative Growth by 2047 Without Major Reforms

The Korea Development Institute warns of potential negative economic growth by 2047 due to demographic challenges and low productivity, urging structural reforms and policy adjustm...

Economy

March Sees a 0.4% Surge in US Wholesale Inventories, Signaling Economic Growth

US wholesale inventories rose by 0.4% in March to $907.5 billion, with sales increasing by 0.6% month-on-month and 6.1% year-on-year, signaling economic growth and robust demand.

Economy

Escalating India-Pakistan Conflict Puts US-India Trade Deal on Hold, UK Deal Advances

The ongoing military conflict between India and Pakistan has delayed US-India trade deals, while agreements with the UK, South Korea, and Japan progress. President Trump announced ...