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News
'This is the test': All eyes on US Fed to tackle high inflation | Politics | fox26medford.com
3+ hour, 24+ min ago (1197+ words) Federal Reserve Chairman Kevin Warsh faces his first real test since taking office in showing how he will address rising inflation at the upcoming Fed meeting amid pressure from President Donald Trump not to raise interest rates The world's largest…...
Surging oil prices, higher bond yields weigh on stocks
2+ day, 9+ hour ago (1165+ words) The European Central Bank says inflation 'is set to remain well above' its two percent target Oil prices surged Thursday as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached new…...
ECB set to hike interest rates as Iran war flares anew
6+ day, 9+ hour ago (1032+ words) Eurozone rate-setters are seeking to navigate an uncertain economic environment People row on the river in front of the European Central Bank's headquarters and banking district in Frankfurt European Central Bank President Christine Lagarde insists the ECB sets rates based…...
Stocks mixed as oil drops, inflation stays high
2+ week, 3+ day ago (1098+ words) Nvidia's earnings are the major event on the corporate agenda this week Lower oil prices helped lift European stock markets on Wednesday, but continued high US inflation weighed on Wall Street. Paris and Frankfurt closed higher, though well off the…...
What could change for US teens on Instagram and Facebook
2+ week, 3+ day ago (924+ words) Here are the main terms, which require a judge's approval to take effect. Meta would pay in 10 annual installments totaling about $11.7 billion, with a further $5 billion payable only if rival platforms sign comparable agreements -- a maximum of $16.7 billion. Separately, the…...
Canada unveils counter-tariffs of 15-50% on US goods
2+ week, 4+ day ago (1066+ words) Mostly sunny. High near 95F. NW winds at less than 5 mph, increasing to 10 to 15 mph.. Canada is set to detail its response to new US 50-percent tariffs hitting goods from hockey sticks to cement Ottawa's retaliation will take effect September 8, a…...
Stocks stagger and oil rises as traders eye Iran threat, Nvidia results
2+ week, 5+ day ago (1155+ words) Investors are weighing the latest US moves to squeeze Iran and waiting for key earnings from Nvidia Asian stocks fluctuated Tuesday while oil edged up as investors assess a US plan for the "economic asphyxiation" of Iran, while tech firms…...
Trump admin predicts US trade war 'devastating' for Canada
2+ week, 6+ day ago (1019+ words) The collapse of trade talks between the US and Canada has been followed by defiant talk from both governments The Trump administration on Sunday warned that Canada would be "foolish" to think it could win a trade war with the…...
Trump tariffs heap up as Canada tries to curb US reliance
3+ week, 1+ day ago (1100+ words) The latest tariffs impact about 5.5 percent of Canadian exports to the United States Canadian Prime Minister Mark Carney's strategy involves a search for new markets, a focus on domestic trade and the launch of major projects. The two economies are…...
TikTok to pay $400 mn settlement in US children's privacy case
3+ week, 1+ day ago (1061+ words) TikTok has agreed to pay $400 million to settle a lawsuit with the US Department of Justice over claims that the video-sharing platform violated federal children's privacy laws, the department announced on Friday. Regulators around the world have been ramping up…...