The dollar struggled to recover against major currencies on Wednesday, remaining near two-week lows as markets awaited clarity on President Donald Trump’s tariff plans. Trump said on Tuesday that his administration is considering imposing a 10% tariff on goods imported from China starting February 1. He also mentioned that Mexico and Canada could face tariffs … Read more
WashingtonThe International Monetary Fund is preparing to unveil its latest forecast for the global economy on January 17, with expectations of steady global growth and a gradual decline in inflation, according to IMF Managing Director Kristalina Georgieva. Speaking on Friday, Georgieva highlighted that the US economy is performing “better than expected” but noted significant uncertainty … Read more
Meta Platforms and Alphabet saw gains in their stock prices on Friday as uncertainty surrounding TikTok’s future in the US persists. Shares of Meta Platforms reached an all-time high of $629.78 during the day before settling at $622.85, up 2.3%. Alphabet shares also rose 1.1%, closing at $176.21. The rise in stock prices comes after … Read more
Ukraine faces uncertainty as Trump election raises questions about war with Russia – CBS News Watch CBS News After Donald Trump’s election, Ukrainians are wondering what his proposed peace deal could mean for the ongoing war. Amid the turmoil, Kyiv says it is now confronting North Korean troops supporting Russia. Imtiaz Tyab reports from Ukraine. … Read more