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Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs

February 5, 2025 by admin

Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.

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USPS temporarily suspends accepting packages from China and Hong Kong

February 5, 2025 by admin

U.S. USPS temporarily suspends accepting packages from China and Hong Kong The United States Postal Service announced Tuesday night that it is temporarily suspending accepting packages sent from China and …

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China announces counter tariffs on numerous U.S. products

February 4, 2025 by admin

World China announces counter tariffs on numerous U.S. products with U.S. levies due to take effect White House touts concessions after tariff threats China said Tuesday it would counter President …

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‘Strongman’ leaders of Europe don’t look so strong anymore

February 4, 2025 by admin

“Strongman” leaders in Europe — allied with the likes of President Donald Trump and Russia’s Vladimir Putin — look increasingly weak, analysts say.

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Mexico calls U.S. cartel alliance claim “slander,” vows tariff retaliation

February 3, 2025 by admin

World Mexico president says U.S. claim about cartel alliance is “slander,” vows to retaliate against Trump tariffs Trump enacts tariffs on China, Mexico and Canada Mexican President Claudia Sheinbaum angrily …

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Euro zone inflation rises to hotter-than-expected 2.5% in January on energy price hike

February 3, 2025 by admin

Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.

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‘It doesn’t have to be this way’: Canada, Mexico and China respond to Trump’s tariffs

February 2, 2025 by admin

Canada, Mexico and China have responded to Trump’s long-promised tariffs on imports, with Canada immediately retaliating.

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Pregnant woman’s remains, showing signs of sacrifice, unearthed in Ecuador

February 2, 2025 by admin

World Pregnant woman’s remains, showing signs of “ritual sacrifice,” discovered in Ecuador, archaeologists say A pregnant woman believed to have lived over a thousand years ago in Ecuador’s coastal region …

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American man, 2 Israelis freed in 3rd swap with Hamas as ceasefire holds

February 1, 2025 by admin

World American-Israeli Keith Siegel, 2 other hostages released in Gaza in 3rd exchange of Israel-Hamas ceasefire CBS News Live Tel Aviv — American-Israeli dual national Keith Siegel was among three hostages …

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Trump tariffs on Canada, Mexico and China begin Saturday, White House says

January 31, 2025 by admin

The White House confirmed Friday that the president will be leveling aggressive tariffs this weekend on major U.S. trading partners.

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