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Trump Announces Imminent Reciprocal Tariffs, Global Trade Partners on Alert

President Donald Trump announced plans to impose reciprocal tariffs as early as Wednesday evening or Thursday morning, according to remarks made to reporters at the White House (Reuters). The move raises concerns among U.S. trade partners, with India potentially in focus ahead of Prime Minister Narendra Modi’s scheduled visit to Washington on Thursday. European Union

Trump Announces Imminent Reciprocal Tariffs, Global Trade Partners on Alert Read More »

January Core PPI Meets Expectations, But December Revised Higher

January’s Producer Price Index (PPI) data showed core inflation in line with expectations, but a notable revision to December’s figures indicated stronger price pressures than initially reported. According to FactSet Research Systems Inc., core PPI rose 0.3% month-over-month in January, matching consensus estimates. However, December’s figure was revised up from a previously reported flat reading

January Core PPI Meets Expectations, But December Revised Higher Read More »

The estimated financial losses from the Los Angeles wildfires have now increased to $150 billion, as the number of deaths continues to rise.

Tayfun Coskun from Anadolu via Getty Images captured flames visible from Topanga Canyon near Los Angeles, Calif. The total damage and economic loss linked to the Los Angeles-area fires are significant.

The estimated financial losses from the Los Angeles wildfires have now increased to $150 billion, as the number of deaths continues to rise. Read More »

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The estimated loss from the Los Angeles wildfires has now reached $150 billion as the number of deaths continues to rise.

The image shows flames in Topanga Canyon near Los Angeles, California. The total damage and economic loss linked to the Los Angeles area are significant.

The estimated loss from the Los Angeles wildfires has now reached $150 billion as the number of deaths continues to rise. Read More »

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