Breadcrumb Trail Links PMN Business President Donald Trump has boasted about bringing a more transactional approach to his relationship with world leaders. Just over a week into his second term, many have shown they’re eager to make the deals he treasures. Author of the article: Bloomberg News Iain Marlow Published Jan 29, 2025 • 4 […]
Article content (Bloomberg) — Oil steadied as traders weighed the potential market fallout from President Donald Trump’s plan for tariffs on imports from major US crude supplier Canada and other countries, as well as the outlook for stockpiles. Article content Brent held above $77 a barrel after a modest gain on Tuesday, while West Texas […]
Article content (Bloomberg) — Oil steadied — after sinking by nearly 2% on Monday — as US President Donald Trump threatened to introduce a wide-ranging set of tariffs on imports, including potentially on some key industrial commodities. Article content Brent crude traded near $77 a barrel, while West Texas Intermediate was above $73. Trump said […]
Article content (Bloomberg) — Oil fell as President Donald Trump imposed his first set of sanctions and tariffs in a move that highlighted risks to the global economy and to trade. Article content Brent dropped toward $78 a barrel after logging its first weekly decline this year, with West Texas Intermediate above $74. The US […]
Breadcrumb Trail Links PMN Business The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending and creating even more separation from its global counterparts. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jan 25, 2025 • 6 minute read 7}jn1memu8xl74[ub{3t8kjj_media_dl_1.png Bloomberg […]
Article content (Bloomberg) — Oil headed for the first weekly decline this year after Donald Trump raised the prospect of trade wars and said he will ask Saudi Arabia and OPEC to lower prices in his first few days as the new US president. Article content West Texas Intermediate fell toward $74 a barrel, and […]
Article content (Bloomberg) — Gold held near the highest since October as traders weighed President Donald Trump’s latest tariff threat against Europe, along with his vow to push for more interest-rate cuts. Article content Bullion was trading near $2,754 an ounce and was on track for a weekly advance of about 2%, supported by haven […]
Breadcrumb Trail Links PMN Business In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides. Author of the article: […]
Article content (Bloomberg) — Alcoa Corp., the largest US aluminum producer, warned that a threatened 25% tariff on imports of the metal from Canada would have a “quieting effect” on American consumption, despite otherwise strong demand expected in everything from packaging to electrical needs. Article content The Pittsburgh-based producer said it expects 2025 to have […]
Breadcrumb Trail Links PMN Business Bond traders are unwinding bets on two-year Treasury futures as lingering questions around President Donald Trump’s tariff plans cloud the outlook for inflation. Author of the article: Bloomberg News Edward Bolingbroke Published Jan 22, 2025 • 3 minute read v7vqk}98qqaxobxp4dh1pwh(_media_dl_1.png Bloomberg, CME Article content (Bloomberg) — Bond traders are unwinding […]