Week Ending 9th May 2025 The Dow Jones Industrial Average slipped on Friday as investors awaited much-anticipated trade talks between U.S. and Chinese officials this weekend. The 30-stock Dow lost 119.07 points, or 0.29%, and settled at 41,249.38. The S&P 500 inched down 0.07%, closing at 5,659.91. The Nasdaq Composite ended the session little changed, […]

The US central bank has slashed its expectations for economic growth this year as it eyes challenges on several fronts amid Donald Trump’s escalating trade war. The Federal Reserve announced, as was widely expected, that it would keep its main interest rate at its current target range level of 4.25%-4.5% following the latest meeting of […]

The US president has promised to target countries which charge tax on US imports by matching them with a reciprocal tariff. Donald Trump has ordered his team to start calculating duties by early April – increasing fears of a global trade war that could also accelerate US inflation. “On trade, I have decided for purposes […]

The International Monetary Fund (IMF) has warned against the prospects of a renewed US-led trade war, just days before Donald Trump prepares to begin his second term in the White House. The world’s lender of last resort used the latest update to its World Economic Outlook (WEO) to lay out a series of consequences for […]