US

American credit card defaults have skyrocketed to their most elevated position since the aftermath of the 2008 global financial crisis, signalling a deterioration in the financial wellbeing of lower-income consumers following years of…

Former US President Donald Trump's recent statements regarding the Panama Canal have sent ripples through the international maritime and diplomatic communities. In a controversial post on his Truth Social platform, Trump demanded the return…

Donald Trump's electoral triumph has unleashed an unprecedented surge in trading activity across Wall Street's major institutions and retail brokerages, with market participants positioning themselves for anticipated business-friendly…

In a significant diplomatic gesture, US President-elect Donald Trump has extended an invitation to Chinese President Xi Jinping to attend his January inauguration, signalling potential continuity in the high-level engagement that…

The technology-heavy Nasdaq achieved a historic milestone on Wednesday, breaking through the 20,000-level barrier for the first time, as markets responded positively to US inflation data that strengthened expectations of a Federal Reserve…

Donald Trump has announced plans to expedite regulatory approvals for investors committing $1 billion or more to the United States, signalling a significant shift towards deregulation rather than the tax credit and subsidy approach favoured…

The global steel industry faces a significant shake-up as Donald Trump declared his intention to prevent Japan's Nippon Steel's £14.9 billion acquisition of US Steel, raising concerns about potential trade implications should he return to…

Global markets face renewed uncertainty as former US President Donald Trump has issued stark warnings to BRICS nations regarding potential currency initiatives. In a dramatic proclamation on his Truth Social platform, Trump threatened to…

Scott Bessent, the 62-year-old billionaire hedge fund investor set to become the US Treasury secretary under president-elect Donald Trump, brings a remarkable history of market-moving prowess to one of the world's most powerful economic…

British defence giant BAE Systems witnessed a staggering £2 billion market value erosion as investors reacted to concerns over Elon Musk's proposed government efficiency programme, which could potentially impact US military spending. The…

The Bank of England has issued stark warnings about mounting risks to the UK's financial system, citing concerns over potential trade wars, geopolitical instability, and rising government debt burdens. The UK's position as an open economy…

Goldman Sachs, the prestigious Wall Street investment bank, has forecast gold prices could reach an unprecedented $3,000 per ounce by December 2025, citing increased central bank demand and anticipated US interest rate cuts as primary…

The looming spectre of Donald Trump's proposed global tariffs presents a significant challenge for British trade policy. The former president's campaign promise to implement sweeping tariffs of 10-20% on all imports, including those from…

German power giant RWE has announced a significant scaling back of its €55bn renewable energy investment strategy, marking a pivotal shift in response to Donald Trump's potential return to the US presidency. The company, amongst Europe's…

Republicans have secured a majority in the House of Representatives, delivering Donald Trump's party complete control of both chambers of the US Congress and broad authority to advance a transformative legislative agenda. Democratic…

The American oil industry stands poised for significant changes as Donald Trump's electoral victory signals a potential wave of deregulation, though experts suggest production surges may remain constrained by Wall Street's demands for…

Taiwan is contemplating a substantial military procurement package from the United States, signalling its commitment to bolstering defences against China as Donald Trump potentially returns to office. The proposed acquisitions include the…

Political leaders across developed economies are grappling with persistent public discontent over high prices, despite inflation rates returning to normal levels. The unprecedented surge in living costs has created a toxic legacy that…