The Trump administration faces a “big question” about how to compensate Americans after the U.S. Supreme Court ruled its tariff policy illegal last month, said Stephen Moore, who served as an economic adviser to President Donald Trump during his first term. Newsweek. He said resolving the tariff refund issue will be “messy” and it is […]
Last week’s Supreme Court ruling has led to an unprecedented cash grab for companies. The court struck down many of Trump’s global tariffs, which raised $130 billion in 10 months. Now more than 1,800 companies have filed lawsuits asking for refunds. Lawyers predict that asbestos-related lawsuits are on the horizon. But not everyone can afford […]
Londoners are expected to see a rise in the cost of using the Tube as new fares come into effect from this week. Metro passengers will see fares on certain tickets increase by as much as 7.1 percent when the new pricing structure takes effect on March 1. The changes are part of Transport for […]
Prime Minister Narendra Modi on Monday welcomed US President Donald Trump’s decision to reduce mutual tariffs on Made in India products from 25 percent to 18 percent, terming it a major boost to bilateral trade and cooperation between the two countries. The Prime Minister’s response came shortly after President Trump announced the tariff cut on […]
Sir Keir Starmer and Donald Trump had a tense 10-minute phone conversation on Sunday evening over the US president’s attempt to acquire Greenland, according to sources familiar with the conversation. The call took place when Sir Keir was at Chequers after canceling a planned speech on the cost of living to address Mr Trump’s threats […]
A Danish pension fund plans to sell its entire holdings of US government bonds – about $100 million – due to concerns about the financial stability of the US government. AkademikerPension confirmed to CBS News that it will exit US Treasuries at the end of this month and will instead focus on the US dollar […]
The Trump administration signed a landmark multi-billion dollar trade deal with Taiwan aimed at helping the United States boost domestic semiconductor production. Under the deal announced by the US Commerce Department on Thursday, Taiwanese semiconductor and technology companies have agreed to make direct investments of $250 billion in the US semiconductor industry. These investments will […]
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MEA spokesperson Randhir Jaiswal addressed a media conference in New Delhi on Friday | Photo credit: ANI India has dismissed US Commerce Secretary Howard Lutnick’s claims that the India-US trade deal failed to materialize because Prime Minister Narendra Modi did not speak to US President Donald Trump. Calling the claims “inaccurate”, the MEA said Modi […]
The first full trading week of the new year could wake the U.S. stock market from its hibernation as monthly jobs data heralds a busy start to 2026 for investors. Stocks fell in the final session of 2025, with the benchmark S&P 500 posting a monthly loss in December. But the index still rose more […]