Latest Updates Around The World
U.S. stocks closed higher on Friday, led by gains in Alphabet, Amazon and other Wall Street heavyweights after the Supreme Court struck down President Donald Trump’s global tariffs. The U.S. Supreme Court, which has a conservative majority, ruled 6-3 against Trump’s global tariffs, which were introduced last year under a federal law intended for national […]
US President Donald Trump, flanked by Commerce Secretary Howard Lutnick, speaks during a press conference at the White House, following the Supreme Court’s ruling that Trump exceeded his authority when he imposed tariffs, in Washington, DC, US, February 20, 2026. | Photo credit: KEVIN LAMARQUE In the wake of the US Supreme Court’s decision on […]
President Donald Trump has paid a price for going solo on tariffs. The Supreme Court delivered a rare rebuke on Friday, ruling that he did not have the power to declare an economic emergency and impose sweeping new taxes on imports. Trump had made tariffs the basis of his economic pitch to voters participating in […]
Gift Nifty rose nearly 400 points from its lows on Friday after the US Supreme Court struck down former President Donald Trump’s sweeping tariffs, a move that has also led to a rally in US equities. The U.S. Supreme Court rejected Trump’s use of the 1977 International Emergency Economic Powers Act to impose broad tariffs, […]
Gold prices fell slightly on Friday as investors assessed the US Supreme Court ruling that overturned President Donald Trump’s broad tariff plan, although the safe metal was still supported by weaker-than-expected US GDP data.Spot gold rose 0.5% to $5,025.19 an ounce at 10:35 a.m. (1535 GMT), after rising as much as $5,063.49 earlier in the […]
The U.S. goods trade deficit widened to a new record in 2025, government data showed Thursday, despite sweeping tariffs imposed by President Donald Trump during his first year in the White House.The U.S. goods deficit last year was $1.24 trillion, up slightly from 2024 levels, the Commerce Department said. But the goods trade gap with […]
Wall Street’s major indexes hit record highs on Monday as expectations of a US-China trade deal fueled risk-taking at the start of a week dominated by Big Tech gains and a likely Federal Reserve rate cut. US President Donald Trump and China’s Xi Jinping will meet on Thursday to decide the framework for a deal […]
US inflation reaches 3% (AP) U.S. inflation remained high in September, fueled by a surge in gas prices, even as rental growth slowed. This reflects a mixed picture for consumers in an economy with steady growth but slow hiring.According to the Labor Department report cited by AP, consumer prices rose 3% from a year earlier […]
Wall Street hit record highs on Friday, buoyed by cooler inflation data that reinforced expectations of faster rate cuts from the Federal Reserve, while Intel’s upbeat earnings kept momentum alive in AI-related stocks. Softer-than-expected inflation for September reinforced expectations that the Fed will cut rates again next week. Traders brought forward their forecasts, now anticipating […]
US shares hit records on Friday after the UN update on inflation turned out to be slightly less painful than feared. The S&P 500 rose 0.8% and was on track to surpass the all-time high reached earlier this month. The Dow Jones Industrial Average added 267 points, or 0.6%, also heading toward its own record, […]
