Oil prices hovered below a nearly seven-month high on Tuesday as traders assessed the prospects for US-Iran nuclear talks amid heightened tensions in the Middle East, while also weighing uncertainty around US trade policy. Brent crude futures fell 9 cents, or 0.1%, to $71.40 a barrel by 01:20 GMT, after a volatile session on Monday […]
US stocks fell on Monday, with heavyweight technology stocks leading the declines as uncertainty over tariffs grew after President Donald Trump announced a new 15% tariff following a Supreme Court ruling that struck down his broader levies.The Supreme Court in a 6-3 ruling on Friday overturned most of the tariffs Trump imposed last year, ruling […]
Australian shares fell on Monday as new uncertainty around US tariff policy left investors confused, dragging down most sectors except the mining sector, which benefited from flows from safe havens. The S&P/ASX 200 index ended 0.6% lower at 9,026 points. The benchmark rose 1.8% last week. Markets were left with a murky picture after the […]
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 […]