BOE Is Probably About to Cut Rates Despite a Spike in Inflation
(Bloomberg) — The Bank of England is likely to deliver another interest-rate cut on Thursday, as tax hikes…
Switzerland Slammed With 39% Tariff Rate in US Trade Blitz
(Bloomberg) — Donald Trump will impose a 39% tariff on imports from Switzerland, one of the steepest levies…
Asian Stocks Decline on Tariffs, Dollar Edges Up: Markets Wrap
(Bloomberg) — Asian stocks fell for a sixth straight session — the longest losing streak this year —…
China Social Spending Hits Highest Level in Nearly 2 Decades
(Bloomberg) — China’s government spending has pivoted toward social welfare to a degree unseen for at least a…
Dollar Climbs Most Since May as Trade Jitters Ease: Markets Wrap
(Bloomberg) — Wall Street kicked off a pivotal week with the dollar climbing the most since May as…
European Stocks Edge Lower as Autos Decline on Tariff Hangover
(Bloomberg) — European stocks retreated as lingering concerns that higher levies would crimp corporate earnings replaced optimism around…
Oil prices caught between a $70 summer and growing surplus fears
(Bloomberg) — Oil traders are grappling with a tension — there’s a growing chorus of warnings about the…
Trump and Von Der Leyen Set to Meet With Trade Deal in Balance
(Bloomberg) — European Commission President Ursula von der Leyen will meet President Donald Trump on Sunday in a…
Meme-Stock Roar Fades on Wall Street as Retail Finds New Thrills
(Bloomberg) — It was once a symbol of rebellion against the well-heeled Wall Street establishment. Today, it’s just…
Oil Falls as US Trade Deal Optimism Wanes, Dollar Strengthens
(Bloomberg) — Oil fell as the dollar strengthened and conviction waned that the US will reach agreements with…