US bans nearly $1bn in Canadian imports, deepening trade war
The United States banned nearly $1bn worth of Canadian imports early Tuesday, covering alcohol, dairy products and motorcycles. The move…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US consumer confidence sinks to more than a 12-year low as inflation and job fears mount
US consumer confidence sank to its lowest level since 2014 in September as households grew more pessimistic about prices and…
UK 10-year gilt auction pays highest yield since 1999
Britain's government paid the highest yield on 10-year debt since 1999 at a bond auction on Tuesday, as months of…
Iran’s rial hits record low as US-Iran hold mediated Hormuz talks
Iran's rial slid to a new record low on Tuesday, with traders exchanging over 2.5 million rials for one U.S….
China Cuts Key Lending Rate, Unveils Mortgage Subsidies to Support Growth
China's central bank cut the rate on a key lending facility and rolled out interest subsidies for first-time homebuyers on…
