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Shares of global pharma stocks slumped on Monday after President Trump vowed to cut drug prices for Americans by as much as 80%.
Escalating global security concerns are driving higher growth in the defense market, which will be uninterrupted for at least several years, as many countries in Europe have underspent since the end ...
In a post on his Truth Social platform on Sunday, Trump said the order, to be signed at 9 a.m. Monday, will institute a "most favored nation" policy where the U.S. will pay the same price for ...
Specifically, the U.S. is cutting tariffs on China to 30% from 145% while China is cutting tariffs on U.S. goods to 10% from 125%, with each of those moves expected to last 90 days. Bessent said that ...
U.S. stock futures soared, the dollar hit a one-month high and Treasury yields rose early Monday in Europe after the U.S. and China agreed to suspend most tariffs. Futures in the precious metal slid ...
The U.S. and China on Monday agreed to suspend most tariffs on each other's goods pending further negotiations, leading U.S. stock futures higher. The U.K. and the Trump administration last week ...
European stocks climbed on Monday after weekend trade talks between the U.S. and China led to the substantial reduction of tariffs . President Trump's "reciprocal" tariffs on China will fall to 10% ...
"Higher tariffs and more uncertain U.S. policies will likely reduce growth and inflation," Clare Lombardelli said at the Bank of England Watchers' Conference in London, owing to reduced demand and ...
The lender raised its guidance for the year as higher fee income boosted first-quarter earnings. Saudi Arabia's national oil company reported a marginal profit beat for the first quarter as weaker oil ...
Stock markets in Asia climbed on Monday after the U.S. and China agreed to suspend most tariffs the countries imposed on each other as trade negotiations continue.
President Trump's "reciprocal" tariffs on China will fall to 10% from 125% and China will slash its tariff on U.S. goods to 10% from 125%, according to a joint statement. The reductions will last for ...
The German 10-year Bund yield rose by 5 basis points to 2.616% from 2.561%, and the yield on the 10-year U.S. Treasury climbed by 5 basis points to 4.442% from 4.389%. Bond prices and yields move in ...