Canada’s prime minister refers to US economic ties as a weakness

NEWYou can now listen to Fox News articles! Canadian Prime Minister Mark Carney asserted that many of his nation’s prior “strengths” stemming from its close relationship with the U.S. have turned into “weaknesses” that must be addressed. “The U.S. has fundamentally changed its approach to trade, raising its tariffs to levels last seen during the … Read more

March inflation report to offer first glimpse of Iran war’s economic impact

The U.S. is about to get an initial glimpse into how the economy has begun absorbing the war with Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The Bureau of Labor Statistics will release March’s Consumer Price Index report Friday, detailing last month’s inflation. Wall Street analysts … Read more

Pair of Democrat lawmakers slam ‘blockade of fuel’ to Cuba, ‘economic bombing’ after visit to island

NEWYou can now listen to Fox News articles! Reps. Pramila Jayapal, D-Wash., and Jonathan Jackson, D-Ill., said after a congressional delegation returned from Cuba that U.S. economic restrictions on the island represented an “illegal U.S. blockade of fuel” and “effectively an economic bombing of the infrastructure of the country.” The lawmakers, following their five-day delegation … Read more

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

Stocks surged on Tuesday, with the S&P 500 closing up 2.9% while the Nasdaq rose 3.8% and the Dow gained 1,125 points. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. But this very good day capped off what was a very bad month for U.S. equities. The S&P … Read more

Iran war at a crossroads as rising oil prices and economic uncertainty hit global markets

Iran war at a crossroads as rising oil prices and economic uncertainty hit global markets – CBS News Watch CBS News David Martin reports on how the Iran war is at a crossroads as it enters its second month, with the global impact of rising oil prices and economic uncertainty at center stage. Source link

Worries about global economic pain deepen as the war in Iran drags on

WASHINGTON — U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing countries to ration fuel and subsidize energy costs to protect their poorest. Ongoing strikes and counterstrikes on Persian Gulf refineries, pipelines, gas fields and tanker terminals threaten to … Read more