The BEA puts the end-2024 US net international investment deficit at USD 26.2 trn (and the sum of assets and liabilities at USD 88trn). Anything that scares foreign investors away from US assets can ...

The Vix index, which tracks the expected turbulence of the blue-chip S&P 500, stood at 44.2 by mid-morning in New York, the ...

And there is of course the Smoot-Hawley Tariff Act of 1930, which the US introduced, imposing huge raft of tariffs across the board and it plunged the world basically into a recession which fanned the ...

Donald Trump’s bid to upend the international trading order with huge tariffs has wiped $5.4tn from US stocks in two days, as ...

Wall Street stocks closed sharply lower as Donald Trump’s so-called liberation day tariffs continued to reverberate through ...

Freshfields US was the only top 20 law firm to sign on to a legal brief supporting the efforts of Perkins Coie to contest an executive order from Donald Trump banning it from federal government ...

Bears would have been more appropriate as markets reacted predictably to the administration’s ham-fisted efforts. US equities registered their steepest single-day decline since the onset of the ...

I live inside the beltway of wishful thinking, Washington DC. Swampians will thus forgive the question in my headline. The US Capitol’s patron saint ought to be Dr Pangloss. To be fair, however, the ...

Hedge funds have been hit with the biggest margin calls since Covid shut down huge parts of the global economy in 2020, after Donald Trump’s tariffs triggered a powerful rout in global financial ...

According to Trump’s latest executive order, Mexico and Canada’s 25 per cent tariff on non-USMCA goods would go down to 12 per cent if the US is happy with their compliance on stopping fentanyl and ...

Mustafa Suleyman, the company’s consumer AI chief and co-founder of Google’s DeepMind unit, previewed several features, such ...

Labour has raised prices for a new series of business engagement events, with the £5,000 tickets costing over five times more than what guests paid for a similar event last year.