Tag: USA

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 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 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.

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.

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.

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 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 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.

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

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.

National Economic Chief Kevin Hassett announced Friday he will accompany President Trump to Davos next week, where Trump is expected to unveil a new plan allowing 401(k) funds to be used for home down payments.

Russia called the Trump administration’s threats to take over Greenland “extraordinary” on Friday, adding it would continue monitoring the situation.

The number of individuals filing for unemployment insurance for the first time in the past week, known as Initial Jobless Claims, has seen a decrease, according to recent economic data. The actual number of claims came in at 198,000, a figure that exceeded both forecasted and previous numbers.

Donald Trump has at least temporarily pulled back from threats to strike Iran, saying he has been assured the killing of protesters has been halted and no executions are being planned.

The growth in U.S. producer prices slowed substantially in October on a monthly basis, and grew only marginally in November, but a hefty rise in the widely-watched “core” figure added to the uncertainty surrounding the U.S. Federal Reserve’s monetary policy this year.

Inflation eased in December as core consumer prices rose at the slowest annual rate since March 2021 in the final month of the year.

U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 billion in mortgage bonds to bring down housing costs.

Nonfarm payrolls were expected to rise by 73,000 in December as the unemployment rate moved lower to 4.5%, according to the Dow Jones consensus estimate

United States Housing Starts (MoM) came in at 1.246M, below expectations (1.33M) in October

US President Donald Trump said a second wave of attacks on Venezuela has been canceled, citing improved cooperation from the country.