Tag: USA

Trump nominates Federal Reserve critic Kevin Warsh as its next chair

Donald Trump has announced Kevin Warsh as his nomination for the next chair of the Federal Reserve, selecting a candidate who has been an outspoken critic of the US central bank.

Trump throws down new tariff threats toward Canada and Mexico

President Donald Trump threatened additional tariffs against Canada and Mexico late Thursday, in his latest move to raise trade tensions with U.S. allies.

Fed holds key interest rate steady as economic view improves

The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader.

Dollar tumbles to a four-year low as Trump claims it’s ‘doing great’

The U.S. dollar fell to its lowest level in four years on Tuesday, despite President Donald Trump claiming it was “doing great” in a speech in Iowa.

Health insurers tumble after Trump administration proposes keeping Medicare Advantage rates flat next year

Shares of several big-name health care companies plunged after the Trump administration proposed nearly flat rates for Medicare Advantage insurers.

Trump Raises Tariffs on South Korean Goods to 25%

Tariffs on imported autos, pharmaceuticals, and lumber from South Korea are rising to 25% because the country’s legislature hasn’t enacted the trade agreement with the U.S., President Donald Trump said Monday.

Carney says Canada not pursuing free trade deal with China as Trump threatens 100% tariffs

Canada has “no intention” of pursuing a free trade deal with China, Prime Minister Mark Carney said, after U.S. President Donald Trump threatened to slap punitive tariffs on Ottawa.

Memory chip shortage to last through 2027, semiconductor boss says

Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that’s been caused by the AI infrastructure boom may last longer than expected.

Shutdown Risk Rises After Minneapolis Shooting. How It Will Unfold.

This past weekend the chances of a partial government shutdown went from unlikely to a near inevitability. The shootings in Minneapolis are to blame.

U.S. grew 4.4% in the third quarter, GDP shows. Economy showed little sign of slowing.

The economy expanded at zippy 4.4% annual pace in the 2025 third quarter, an updated estimate showed, to keep the U.S. on track to score the fifth straight year of above-average growth.

NATO chief says allies must step up Arctic security in Greenland deal with Trump

NATO Secretary General Mark Rutte said on Thursday NATO allies will need to step up their presence in the Arctic under a framework deal with U.S. President Donald Trump after he backed off tariff threats and ruled out taking Greenland by force.

Mortgage refinances surged again, but rates are now suddenly jumping higher

Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust. Interest rates are now moving much higher.

Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances

Danish pension operator AkademikerPension said it is exiting U.S. Treasuries because of finance concerns as Denmark spars with President Donald Trump over his threats to take over Greenland.

Trump to speak at Davos as his Greenland push, tariff threats take center stage

President Donald Trump is set Wednesday to speak at the World Economic Forum, directly addressing an audience that has been put on edge by his intensifying aggression toward the allied territory of Greenland.

Trump threatens 200% tariff on French wines as Macron reportedly snubs ‘Board of Peace’ seat

U.S. President Donald Trump on Tuesday threatened to impose 200% tariffs on French wines and champagne after French President Emmanuel Macron was reported to be unwilling to join his “Board of Peace” on Gaza.

Trump to meet global CEOs in Davos, with US policy in spotlight

Donald Trump is expected to meet global business leaders in Davos on Wednesday, sources familiar with the matter said, as the U.S. President’s presence looms large over the annual gathering of the global elite in Switzerland.

South Korea to negotiate with the US for favourable chip tariff terms, official says

South Korea will seek favourable terms for U.S. tariffs on imports of memory chips, a presidential office spokesperson said at a televised briefing on Sunday.

EU readies €93bn tariffs in retaliation for Trump’s Greenland threat

EU capitals are considering hitting the US with €93bn worth of tariffs or restricting American companies from the bloc’s market in response to Donald Trump’s threats to Nato allies opposed to his campaign to take over Greenland.

Putin invited to join Trump’s ‘Board of Peace,’ Kremlin says

Russian President Vladimir Putin has received an invitation to join the U.S.′ “Board of Peace” for Gaza, the Kremlin said Monday.

Trump plans 10% tariffs on European countries over Greenland: What it means for markets.

President Donald Trump said he would slap 10% tariffs on imports from eight European countries beginning next month, as he ramps up a pressure campaign on Denmark to sell Greenland to the U.S.