Bangladeshi nationals spent the most on credit cards in the United States, debit cards in the United Kingdom, and prepaid cards in Saudi Arabia in June this year, according to a recent report by Bangladesh Bank.
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates.
US President Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to certain gold bars -- threatening to upend global trade of the precious metal.
The US dollar extended declines on Monday as investors watched for the outcome of events due this week, from Tuesday’s key July US CPI data and deadline for Washington and Beijing to strike a tariff deal, to a Russia-US summit on Friday.
Imports into the United States fell more than expected in June as concerns around shifting tariff policies hit retailers, raising fears of fewer product options in stores for shoppers, data from the National Retail Federation showed on Friday.
Japan will start importing Ford’s chunky F-150 pickup trucks, US President Donald Trump said as uncertainties surround the two countries’ trade accord.
If stock markets are to be believed, Donald Trump has pulled off a masterstroke. The US president has ratcheted up tariffs on trading partners while avoiding tanking either the economy or asset prices. Yet investors’ muted response to Thursday’s latest levies may be misleading. The Trump-market truce will soon face steeper tests.
US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump’s wide-ranging tariffs.
Google-parent Alphabet on Wednesday reported quarterly profits that topped expectations, saying artificial intelligence has boosted every part of its business.
The US labor market is not doing as well as headlines suggest, a top Federal Reserve official said Friday, a day after making the case for an interest rate cut later this month.
US President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect on dozens of economies, while announcing plans for a separate 50 percent duty on copper imports.
A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst.
US Secretary of State Marco Rubio urged China Sunday to help deter Iran from shutting down the Strait of Hormuz, a crucial trade route, following American strikes on Iranian nuclear sites.
While oil-importing countries won’t fully escape a hit in the event of another energy price shock on Middle East tensions, a period of rare dollar weakness will soften the blow considerably for countries outside America.
Waltz had been under pressure since the editor-in-chief of the Atlantic Magazine revealed in March that Waltz had mistakenly added him to a chat on the commercial messaging app Signal about attacks on Huthi rebels
The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country’s economic reforms.
The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in Washington.
The dollar held steady on Tuesday, trading near a three-year low against the euro and a six-month trough against the yen, as investors trying to make sense of the constant changes to President Donald Trump’stariffs remained wary of US assets.
