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ECONOMY
IMF Raises Global Growth Outlook Amid Concerns Over US-China Trade Tensions

IMF increases global growth forecast for 2025 but warns of potential risks from escalating trade tensions.

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ECONOMY
Trump's Tariffs on Furniture and Lumber Come into Effect

New tariffs on imported furniture and lumber imposed by Trump will significantly affect consumer costs and the housing market.

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ECONOMY
Trump Hosts Argentina's President Milei Amid $20 Billion Bailout Discussions

Argentina’s President Milei meets Trump as discussions on a $20 billion economic lifeline and trade negotiations unfold.

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ECONOMY
Trump Proposes Ending Trade Ties with China Over Soybean Issues

Donald Trump threatens to halt imports from China over soybean purchases, labeling the situation an economic hostility.

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ECONOMY
EU fines Gucci, Chloe, and Loewe over $182 million for anticompetitive practices

The EU fines Gucci, Chloe, and Loewe over $182 million for anticompetitive pricing practices that restricted retail pricing freedom.

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ECONOMY
China Imposes Sanctions on US-Linked Subsidiaries of Hanwha Ocean Amid Rising Trade Tensions

China sanctions five US-linked subsidiaries of Hanwha Ocean, marking another escalation in US-China trade tensions affecting global shipping.

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ECONOMY
2025 Nobel Prize in Economics Awarded to Mokyr, Aghion, and Howitt for Research on Innovation

Joel Mokyr, Philippe Aghion, and Peter Howitt win the Nobel Prize for their contributions to understanding innovation-driven economic growth.

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ECONOMY
Stocks Rebound as Trump Softens Stance on China Tariffs

U.S. stocks rebound as President Trump eases tensions with China, calming tariff fears and setting the stage for earnings season.

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ECONOMY
China's Export Growth Surpasses Expectations Amid Renewed Trade Tensions

China's exports rebound as import growth hits a high amidst ongoing trade tensions with the U.S.

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ECONOMY
Massive Russian Strikes Leave Kyiv in Darkness, Child Killed; Energy Infrastructure Targeted

Kyiv experiences widespread blackouts after Russian strikes targeting energy infrastructure, resulting in casualties and chaos.

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