Tag: United States
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A second major Wall Street bank this week is telling clients to cash in tech stocks. Here’s why
Multiple banks are now expecting a down leg for the tech trade, which could broaden out performance in a healthy way.
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Consumer prices rose at 3.7% annual rate in September as gas costs skyrocket
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
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Scott Bessent’s growth plans aren’t enough to tame surging deficit and debt pile, IMF chief says
IMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation.
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Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
Diesel supply is expected to remain tight into 2027 as Iran war-related disruption, falling inventories and resilient demand strain the market, the IEA said.
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CNBC Daily Open: Zelenskyy heads to UK for talks on fresh support
U.K. Prime Minister is set to host Ukrainian President Volodymyr Zelenskyy as European leaders rally to show support for the country.
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US to drop South Korea intelligence case against ex-CIA analyst
The US Justice Department has agreed to forgo prosecution of a former CIA analyst and White House National Security Council official who was accused of working as an unregistered agent for South Korea in exchange for luxury goods and other gifts.Under a deferred prosecution deal reached with foreign policy sp
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Vietnam says trade talks with US nearly completed; US officials more cautious
HANOI: Vietnam and the US have nearly completed negotiations covering a trade deal, Vietnamese Deputy Prime Minister Pham Gia Tuc said on Wednesday (Oct 14) at an event in Hanoi, though US officials appeared more cautious.Vietnam has sent the final text of the agreement to the US, Tuc said at a business forum
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Judge indefinitely blocks Trump White House from banning 3 media outlets
President Donald Trump had sought to ban media outlets MS NOW, CNN and Politico from reporting from the White House.
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Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says
U.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.
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CNBC Daily Open: Diesel deal may not be enough to curb high energy prices
The diesel deal between the U.S. and Russia is unlikely to substantially reduce energy prices for U.S. truckers and farmers.
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