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TheCryptagon

TheCryptagon
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Trump Confirms Doubling of Tariffs on Steel and Aluminum Imports

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U.S. President Donald Trump has formally enacted a tariff hike on steel and aluminum by signing an executive order that doubles the existing rates....

Fed’s Cook warns tariffs may fuel inflation, threaten employment in measured...

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In a recent address at the Council on Foreign Relations, Federal Reserve Governor Lisa D. Cook offered a cautious assessment of the U.S. economy...

Deutsche Bank Boosts Forecast for S&P 500 by Year-End

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Deutsche Bank Raises S&P 500 Forecast on Easing Tariff Impact, Economic Resilience Deutsche Bank has increased its year-end target for the S&P 500 to 6,550...

Oil rises 2% to hit two-week peak amid growing geopolitical risks

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Oil Prices Jump 2% to Two-Week High Amid Lingering Geopolitical Tensions Oil prices rose around 2% on Tuesday, reaching their highest levels in two weeks,...

Trump’s Tariff Reversal Helped Prevent Economic Crash, But Recession Risks Still...

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President Donald Trump's reversal of the Liberation Day tariffs may have helped the U.S. dodge a severe economic downturn, but UBS is warning that...

China’s Manufacturing Sector Contracts in May Amid Trade War Pressures –...

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China’s manufacturing sector unexpectedly contracted in May, according to a private survey released Tuesday, as rising U.S. tariffs continued to pressure overseas demand. The Caixin...

Oil edges higher amid supply risks and softening U.S. dollar

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Oil prices edged higher on Tuesday, bolstered by ongoing supply concerns and a weaker U.S. dollar, as reports emerged that Iran is likely to...

Gold eases after surge driven by geopolitical tensions and trade fears

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Gold prices slipped in Asian trading on Tuesday, as investors engaged in profit-taking after a sharp rally driven by intensifying geopolitical tensions and persistent...

Neuralink raises $650M to support launch of brain implant clinical trials

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Elon Musk’s Neuralink announced on Monday that it secured $650 million in its most recent funding round, coinciding with the start of clinical trials...

EU Vows to Press Strongly for U.S. Tariff Cuts

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The European Commission stated on Monday that it intends to push firmly this week for the United States to ease or remove tariffs, even...
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