Tag: United States
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Dollar risks are mounting. Here’s what could weaken the greenback
Currency strategists flag Treasury risk, softer U.S. data and uncertain Fed policy as key factors that could pressure the dollar.
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Iran warns Gulf countries against helping US after UAE cuts trade ties
TEHRAN: Iran’s armed forces warned Gulf countries against assisting the US military on Wednesday (Aug 19), hours after the United Arab Emirates announced it was severing economic ties with Tehran following new attacks on shipp
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Treasury yields pull back from multi-decade highs ahead of FOMC minutes
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell 2 basis points to 4.686%.
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Iran’s armed forces warn Gulf countries against assisting US military
TEHRAN: Iran’s armed forces on Wednesday (Aug 19) warned Gulf countries against assisting the United States military, saying it would be tantamount to joining American military operations.”We wish to warn that any assistance or facilitation provided to the aggressor US military amounts to participation in the
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Goldman studied where AI is squeezing labor markets. Here’s what it found
Goldman Sachs found that AI is starting to weigh on employment across developed economies.
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Iran reportedly weighs attacks on U.S. targets in Europe as UAE severs trade with Tehran
Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran.
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CNBC Daily Open: Robots rising, tariff turnaround and yield nerves
Chinese robot maker Unitree rises around 500% on its debut day of trade amid continued geopolitical tensions and a bond market rout, keeping stock markets in check.
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Trump pauses tariffs on Canadian imports, Carney says key work remains
The new tariffs would have affected about US$20 billion worth of Canadian imports. Businesses warned of job losses and disruption to vulnerable sectors including lumber, wine and dairy.
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US-South Korea drills cut short after Trump criticism
North Korea has long voiced outrage at the drills, considering them dress rehearsals for an invasion.
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CNBC Daily Open: Trump puts ‘open’ sign on Hormuz. But traffic is barely trickling
The reality in the Strait of Hormuz looks a bit different. U.S. President Donald Trump has claimed that the critical waterway is open, but no one is buying it.
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