Catenaa, Tuesday, March 12, 2025– American Airlines forecasted lower revenue and wider adjusted loss in the first quarter of 2025, with tariff pressures and weaker air travel demand. The company said on Tuesday that it cuts its revenue growth expectation for the first three months of the year, now expecting revenue to be unchanged from the prior-year […]

Catenaa, Wednesday, August 06, 2025- US President Donald Trump will announce that Apple will commit to spending another $100 billion on domestic manufacturing, the latest pledge by the tech giant to increase US production. According to a White House official who spoke to Bloomberg, the announcement at the White House on Wednesday includes a new […]

Catenaa, Thursday, March 06, 2025– Most Asian shares were up on Thursday following the rebound in the US stocks after President Donald Trump revised some of his planned tariffs. On Wednesday, the Trump administration decided to give a one-month exemption for US automakers on his 25% tariffs for Mexican and Canadian imports, raising hopes that a trade […]

Catenaa, Wednesday, June 11, 2025- Asian shares rose on Wednesday after the US and China said they had reached an agreement on a framework for easing the trade tension between the two nations. Japan’s benchmark Nikkei 225 surged 0.5% while data from the Bank of Japan showed wholesale inflation slowed in May, meaning there might […]

Catenaa, Monday, September 01, 2025- Audi could target long-term annual sales of at least 2 million cars, under a new strategy the premium brand is expected to release later this year as the US tariffs challenge European automaker. The potential target, previously unreported, would be an annual record for the German luxury carmaker and points […]

Catenaa, Wednesday, July 16, 2025- Bahrain crown prince is set to announce plans to invest more than $17 billion in the US during a meeting with President Donald Trump on Wednesday.  A White House official has told Reuters that as part of the investment, Bahrain is expected to sign a deal between Gulf Air and […]

Catenaa, Wednesday, March 26, 2025- Barclays has slashed their year-end S&P 500 target to 5,900 with deteriorating economic data and reduced earnings power of the listed companies. Barclays Strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday with deteriorating US economic data. The estimate cut reflects Barclay’s expectation […]

Catenaa, Wednesday, August 13, 2025- US Treasury Secretary Scott Bessent dismissed the possibility that Chinese investments in the US could be part of any trade pact between the two nations. In an interview with Fox Business on Tuesday, Bessent said he’d be meeting again with his Chinese counterparts “within the next two or three months.” […]

Catenaa, Monday, June 30, 2025- US Treasury Secretary Scott Bessent warned on Monday that countries could still face sharply higher tariffs on July 9, even if they are negotiating in good faith. Bessent, who earlier floated the idea of negotiating extensions, told Bloomberg Television that he expects there to be “a flurry” of trade deals […]

Catenaa, Wednesday, June 11, 2025- US Treasury Secretary Scott Bessent said on Wednesday that Trump’s tax bill and spending bill will prevent hundreds of billions of dollars of corporate tax payments from going to foreign governments. Speaking to the US House of Representatives Ways and Means Committee, Bessent said that the Biden administration “chose to […]

Catenaa, Tuesday, September 16, 2025- US Treasury Secretary Scott Bessent said on Tuesday that he is confident a trade deal with China is near, as the two nations continue discussions on Spain.  With reciprocal tariffs set to take effect in November, Bessent told reporters he expects further talks to happen before then. “Each one of […]

Catenaa, Tuesday, July 22, 2025- US Treasury Secretary Scott Bessent said on Tuesday that he will meet his Chinese counterpart next week and discuss what is likely to be an extension of an August 12 deadline for higher tariffs. Bessent told Fox Business that trade with China was in “a very good place” and the […]

Catenaa, Monday, April 19, 2025- US Treasury Secretary Scott Bessent warned its trading partners on Sunday that tariff rates will go back to April 2 levels if trade deals are not made with the US during the 90-day pause. “President Trump has put them on notice that if you do not negotiate in good faith, […]

Catenaa, Thursday, May 29, 2025- Big tech stocks in the US gained on Thursday following a US trade court ruling that the vast majority of Trump’s global tariffs are illegal. Tesla shares were up by 1.2% by 1.30 in the afternoon amid news of CEO Elon Musk’s exit from the Trump administration, and Nvidia shares […]

Catenaa, Monday, April 07, 2025- Bitcoin dropped below $80,000 on Sunday, as the fall in the cryptocurrency market continues with markets reacting to US trade tariffs. With President Trump’s announcement last Wednesday on reciprocal tariffs, a sharp decline in the crypto market was seen with Ethereum dropping nearly 8% in 24 hours, and the ETH/BTC […]

Catenaa, Thursday, August 21, 2025- Boeing is in talks to sell as many as 500 jets to China, in a possible breakthrough of the trade talks between the US and China. Quoting sources, Bloomberg News reported on Thursday that the two sides are negotiating the details, such as jet models, types and delivery schedules, adding […]

Catenaa, Wednesday, June 25, 2025- Chinese Premier Li Qiang said on Monday that China is committed to expanding and improving the business environment, and widening market access  In addressing the Shanghai symposium attended by representatives of exhibitors and buyers at the seventh China International Import Expo, Li said no matter how the international landscape evolves, […]

Catenaa, Monday, April 07, 2025- China investors saw an Ugly Monday as the markets fell by nearly 7% as the nation retaliates to US tariffs after an extended weekend. The Shanghai Composite index fell by 6.34% on Monday morning, CSI 300 fell by 6.47%, and the Hang Seng Index fell by 10.4%. A gauge of […]

Catenaa, Monday, August 04, 2025- China’s exports of rare earth magnets were the key focus of US-China trade talks that were held in Stockholm last week, as the two nations are “about halfway there” on a deal. US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week’s […]

Catenaa, Monday, April 14, 2025- China overall trade surplus hit $ 103 billion in March, official data showed on Monday, as the results of the trade war between China and the US is yet to be seen. According to China Customs, China’s trade surplus surged to $102.64 billion in March 2025, up from $58.65 billion […]

Catenaa, Tuesday, July 29, 2025- China trade numbers have started to slow down after almost three months of record-breaking volumes, as tariff fears ease in the global market. According to data released Monday by the Ministry of Transport, Cargo throughput at China’s ports was 6.2 million containers last week, which was the lowest since the […]

Catenaa, Friday, July 18, 2025- China hopes that Nvidia will provide high-quality and reliable products and services to Chinese customers, as demand for H2O chips soars. Chinese Commerce Minister Wang Wentao said in a statement on Friday that Nvidia was willing to deepen cooperation with Chinese partners in the field of artificial intelligence. Nvidia CEO […]

Catenaa, Tuesday, July 08, 2025- China warned the US on Tuesday against reigniting trade tension by restoring tariffs on its goods next month and threatened nations that strike deals with the US. US and China agreed to a trade framework in June that restored a fragile truce, but with many details still unclear, traders and […]

Catenaa, Tuesday, July 01, 2025- Two Chinese AI chip startups are seeking to raise a combined $1.65 billion in initial public offerings on the Shanghai Stock Exchange to boost local demand. Beijing-based Moore Threads plans to raise $1.12 billion, while Shanghai-based MetaX seeks $530 million, according to their IPO prospectuses filed on Monday. Their fundraising […]

Catenaa, Monday, August 11, 2025- Citigroup raised their target for the S&P 500 Index to 6,600 for year-end, saying tax cuts should offset the negative impact from tariffs on US companies. The team led by Citigroup Strategist Scott Chronert increased its year-end target for the equity index to 6,600 points from 6,300, as the index […]

Catenaa, Tuesday, April 29, 2025- Coca-Cola posted better than expected earnings of $11.1 billion in the first quarter despite revenue falling year over year as the company says it can manage tariff impacts. The company said on Tuesday that its net revenues declined 2% year over year to $11.1 billion in Q1, driven by currency […]

Catenaa, Thursday, June 05, 2025- The European Central Bank(ECB) has cut its benchmark interest rate by 25 basis points on Thursday, as it grapples with uncertainty over the impact of Trump’s trade war. Thursday’s widely expected decision is the central bank’s eighth 25 basis point cut in a year. Since June 2024, bringing the borrowing […]

Catenaa, Monday, May 26, 2025- The European Union(EU) agreed on Monday to accelerate negotiations with the US to avoid a trade war, a day after Trump delayed the implementation of a 50% tariff to July 09. Paula Pinho, a spokesperson for the European Commission, told reporters that Commission President Ursula von der Leyen spoke with […]

Catenaa, Monday, June 16, 2025- European Union (EU) hopes to agree to a 10% tariff on all exports to the US, a report said on Monday, to avoid higher tariffs on cars, medicines and electronics. Citing senior EU officials, a report by the German newspaper Handelsblatt said the offer to the US would come with […]

Catenaa, Wednesday, June 25, 2025– The European Union (EU) vowed to retaliate if the US sticks with its baseline 10% tariff, the EU Industry Chief said on Wednesday, as pressure mounts on closing key trade deals. The EU said that it would hit US goods like Boeing planes with tariffs if President Trump follows through […]

Catenaa, Wednesday, July 09, 2025- The European Union (EU) said it was working on sealing a trade deal with the US by the end of the month, as Trump seeks to deliver further tariff notices on unnamed countries on Wednesday. Trump broadened out a trade war that has cast a shadow over the global economic […]

Catenaa, Monday, May 26, 2025- European stocks climbed on Monday after US President Donald Trump delayed the implementation of tariffs on the EU and announced expedited trade deal talks. The Stoxx Europe 600 index recovered its losses from Friday as Trump warned of a 50% tariff on the EU, while Paris CAC 40 recorded 1.4% […]

Catenaa, Thursday, June 19, 2025- The US Federal Reserve held interest rates on Wednesday for the fourth meeting in a row but kept a projection for two rate cuts this year. The Fed committee voted unanimously to maintain its benchmark interest rate in the range of 4.25%-4.5%. The Fed has now held rates at that […]

Catenaa, Tuesday, July 01, 2025- Ford sales rose by an unexpected 14.2% during the second quarter of 2025 as demand for vehicles increased in the US before Trump tariffs take effect. New vehicle sales for the second quarter totaled 612,095, led in part by gains in its F-Series trucks and “electrified” vehicles, which include hybrids […]

Catenaa, Friday, June 13, 2025- India exported almost all of the iPhones made by Foxconn to the US between March and May, Reuters reported on Friday, citing Customs data, bypassing US tariffs imposed on China. The numbers, reported by Reuters for the first time, show that Apple has realigned its India exports to almost exclusively […]

Catenaa, Wednesday, July 09, 2025- Global banks, including top US lenders, are expected to report a 10% gain in market revenue as traders cashed in on shifting US tariff policies. According to estimates from analysis firm Crisil Coalition Greenwich, there was a 15% gain in trading revenue in the first quarter for 12 global banks. […]

Catenaa, Thursday, June 19, 2025– Global foreign direct (Global FDI) investment fell for the second consecutive year in 2024, with fears this year could be even worse as trade tensions rock investor confidence, the UN trade agency said on Thursday. The United Nations Agency for Trade and Development said foreign direct investment transactions, which do […]

Catenaa, Wednesday, March 12, 2025– Goldman Sachs lowered its 2025 year-end target for the S&P 500 to 6,200 from 6,500 on Tuesday, due to policy uncertainty largely related to tariffs and concerns about the economic growth outlook. Goldman Sachs said a 4% reduction in its fair-value forward price-to-earnings (P/E) multiple from 21.5x to 20.6x. The firm also […]

Catenaa, Monday, March 31, 2025– Goldman Sachs expects the Federal Reserve to have three 25 bps interest rate cuts in 2025 while it upgrades its 12-month recession probability to 35% as Liberation Day approaches. The Wall Street brokerage said in a note on Sunday that now it sees consecutive cuts in July, September, and November, […]

Catenaa, Tuesday, July 08, 2025– Goldman Sachs raised their year-end targets for the S&P 500 index to 6,600 on Tuesday, broadly driven by reduced policy uncertainty, corporate earnings and potential rate cuts. Goldman Sachs upped their target to 6,600 from 6,100, implying an upside of about 6% respectively to the last close of 6,229.28. This […]

Catenaa, Wednesday, June 18, 2025- Japan exports fell in May as shipments of Motor Vehicles to the US dropped nearly 25% year-over-year due to higher tariffs imposed by President Trump. Japanese Finance Ministry data showed on Wednesday that exports fell 1.7% year-on-year, while imports sank 7.7%, reflecting weakening domestic demand and worse than the 2% […]

Catenaa, Friday, April 04, 2025- JPMorgan has increased the US recession risk to 60% after US President Donald Trump implemented the largest cumulative tax hike in 57 years on Wednesday. In a research note to clients published on Thursday, JPMorgan warned that the risk of the global economy falling into a recession has increased from […]

Catenaa, Wednesday, June 25, 2025- US tariffs will likely slow down global economic growth and rekindle inflation in the US, JPMorgan said on Wednesday, where there is a 40% probability of a recession in the second half of 2025. US economic growth is expected at 1.3% this year, down from a 2% forecast at the […]

Catenaa, Wednesday, July 02, 2025- JPMorganChase says US employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans, which would result in price hikes and layoffs. The analysis is among the first to measure the direct costs created by the import taxes on businesses with $10 million to $1 […]

Catenaa, Tuesday, July 29, 2025- The US Justice Department is putting American companies on notice that they could be prosecuted if they chose to evade President Trump’s reciprocal tariffs. The message came in a DOJ announcement earlier this month stipulating that prosecutors would step up investigations into suspiciously classified imports and charge those who misidentify […]

Catenaa, Monday, August 12, 2025- Long Magnificent 7 stocks have been the most crowded trade in August as upbeat earnings and improved sentiment towards the global economy send investors back into stocks. According to a survey done by Bank of America, 45% of the 169 participants, who have $413 billion in assets under management, said […]

Catenaa, Thursday, April 03, 2025- More than 180 countries are set to face the US reciprocal tariffs by President Donald Trump, where countries such as China sees a tariff of 54% on its exports to the US. Trump and the White House shared a series of charts on social media detailing the tariff rates they […]

Catenaa, Thursday, August 21, 2025- Most US Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting last month. Officials acknowledged worries over higher inflation and weaker employment, but a majority of the 18 policymakers in attendance “judged the upside risk to inflation as the greater of these two […]

Catenaa, Monday, August 11, 2025– Nvidia and AMD agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, Financial Times reported on Monday. Quoting sources, the report said that Nvidia plans to share 15% of the revenue from sales of its H20 […]

Catenaa, Tuesday, August 19, 2025- Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell. US President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in […]

Catenaa, Wednesday, July 16, 2025- Nvidia will ramp up the supply of Chinese-compliant H20 chips in the coming months and look to bring more advanced semiconductors to the Chinese market. “I hope to get more advanced chips into China. Today H20 is still incredibly good, but in coming years, whatever we are allowed to sell […]

Catenaa, Monday, July 28, 2025- Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, betting on easing trade tensions and strong corporate earnings. The asset manager raised its S&P 500 year-end target to the highest level among the Wall Street brokerages, and its current target implies an 11.13% […]

Catenaa, Tuesday, August 19, 2025- S&P Global Ratings said revenues from Donald Trump’s tariffs will help soften the blow to the US’s fiscal health from Trump’s tax cuts, maintaining the AA+ credit rating. “Amid the rise in effective tariff rates, we expect meaningful tariff revenue to generally offset weaker fiscal outcomes that might otherwise be […]

Catenaa, Friday, March 14, 2025– China’s fast-fashion retailer Shein is committed to taking the company public despite being in the trade war with US President Donald Trump. Executive Chairman of Shein, Donald Tang, said in an interview on Thursday that a listing would help earn public trust and increase transparency of Shein, which has been accused of […]

Catenaa, Tuesday, September 09, 2025- South Korea’s talks to finalize a US trade deal have hit a snag over details of a $350 billion investment fund that both sides agreed to as part of the broader deal.  Kim Yong-beom, Director of National Policy for South Korea’s Presidential Office, said Seoul cannot accept the same terms […]

Catenaa, Wednesday, March 12, 2025– US President Donald Trump’s tariff and other policies have increased the probability of a US recession as the markets unwind on their higher growth expectation, Standard Chartered said. Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, said that although they expect a growth in […]

Catenaa, Monday, August 25, 2025- Chinese e-commerce firm PDD Holdings, which owns Temu, exceeded market estimates for quarterly revenue on Monday, showing a rebound in domestic demand and international business. The Chinese government has been seeking to boost domestic consumption to revive a sluggish economy that is navigating several pressures, including a weak property sector […]

Catenaa, Wednesday, April 02, 2025- Tesla reported well below first quarter global deliveries as demand issues hit the company amidst price concerns from tariff hikes. For the quarter, Tesla reported 336,681 deliveries vs. 390,342 estimated, making it the worst quarter for deliveries since the second quarter of 2022. “While the changeover of Model Y lines […]

Catenaa, Monday, May 12, 2025- US stocks such as Tesla and Nvidia, which were battered by the trade war between Trump and China, were trading higher on Monday after talks reduced tariffs. Two days of trade talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop […]

Catenaa, Tuesday, April 01, 2025- Top 10 global corporations saw a 13.2% decrease in their market value to $18.64 trillion in the first quarter of 2025, LSEG data said on Tuesday, making the biggest drop in market values since June 2022. The prolonged surge in tech stocks, which had been a key driver of equity […]

Catenaa, Friday, March 28, 2025- Toyota Motor’s global production rose for the second consecutive month in February, the company said on Friday, driven by global output and sales in Japan. Global output for the world’s biggest automaker increased 5.8% to 779,790 vehicles year-on-year, with domestic production up 16,2% and that in other countries growing at […]

Catenaa, Friday, May 30, 2025- US President Donald Trump accused China on Friday, saying that China had “violated” its trade deal with the US, which pushed stocks down amid fears of re-escalating trade tensions. “China was in big trouble two weeks ago” due to the high tariffs set by the US, Trump said in Truth […]

Catenaa, Tuesday, July 01, 2025- President Donald Trump team is no longer aiming for big trade deals with many countries but is trying to make smaller and quicker deals before July 09. According to the Financial Times report on Tuesday, these mini deals would help countries avoid those harsh levies, but partners would still face […]

Catenaa, Thursday, June 05, 2025- US President Donald Trump and Chinese President Xi Jinping had a phone conversation on Thursday as the two nations try to restart previously stalled trade talks. “Our respective teams will be meeting shortly at a location to be determined,” President Trump announced on Truth Social after what he described as […]

Catenaa, Tuesday, March 12, 2025- US President Donald Trump said on Tuesday that he will double his planned tariff on all steel and aluminum to 50% from Canada as the trade war between two countries intensifies. Trump said on social media that the increase of the tariffs set to take effect on Wednesday is a response to […]

Catenna, Thursday, March 13, 2025– US President Donald Trump on Thursday announced a 200% tariff on European wines, champagnes, and other alcoholic imports, threatening the trade worth $14.23 billion. Trump announced the tariffs on Truth Social in response to the 50% tariff the European Union imposed on American whiskey. The US is a critical export […]

Catenaa, Thursday, March 27, 2025- US President Donald Trump imposed 25% duties on all cars and light trucks not made in the US and certain auto parts widening the trade war he initiated when he took office in January. “This will continue to spur growth that you’ve never seen before,” Trump said from the White House […]

Catenaa, Tuesday, August 12, 2025- US President Donald Trump said on Tuesday that consumers are not paying the costs of tariffs, countering a recent Goldman Sachs estimate that they had absorbed 22% of the costs through June. “It has been shown that for the most part, consumers aren’t even paying these tariffs; it is mostly […]

Catenaa, Friday, May 09, 2025- US President Donald Trump on Friday said that cutting tariffs on China to 80% “seems right” ahead of a meeting with Beijing over the weekend. “80% Tariff on China seems right! Up to Scott B,” Trump wrote on his social media account on Friday morning, referring to Scott Bessent, his […]

Catenaa, Friday, June 06, 2025- US President Donald Trump on Friday urged Federal Reserve Chair Jerome Powell to cut interest rates by a full percentage point to boost the economy. “Europe has had 10 rate cuts, we have had none. Despite (Powell), our Country is doing great. Go for a full point,” Trump wrote in […]

Catenaa, Thursday, August 07, 2025- US President Donald Trump said that he will implement a 100% tariff on semiconductors manufactured overseas unless the companies have committed to building in the US. Trump announced a press event in the Oval Office alongside Apple (CEO Tim Cook Wednesday, who was on hand to unveil an additional $100 […]

Catenaa, Friday, August 15, 2025- US President Donald Trump said he would set levies on semiconductors in the coming two weeks that go upto 300% as tariffs are expected to expand further. “I’ll be setting tariffs next week and the week after, on steel and on, I would say chips and semiconductors, we’ll be setting […]

Catenaa, Thursday, July 24, 2025- US President Donald Trump suggested that he would not set the tariffs below 15% for trading partners even after the deadline indicating that the floor for the increased levies was rising. “We’ll have a straight, simple tariff of anywhere between 15% and 50%,” Trump said Wednesday at an AI summit […]

Catenaa, Thursday, June 12, 2025- President Donald Trump said on Wednesday that the letters will be sent to the trading partners in the next week or two, setting unilateral tariff rates. “At a certain point, we’re just going to send letters out. And I think you understand that, saying this is the deal, you can […]

Catenaa, Wednesday, September 03, 2025- US President Donald Trump said on Wednesday that the US might have to “unwind” trade deals it has clinched with the EU, Japan, and others, if it loses a Supreme Court case on the legality of tariffs. Trump, speaking to reporters at the start of a meeting with Polish President […]

Catenaa, Monday, June 30, 2025– US President Donald Trump said on Sunday that he sees no need to extend the July 9 deadline given for trading partners to make trade deals with the US. “I don’t think I’ll need to,” he told Fox News. He added, however, “I could, no big deal.” During a White […]

Catenaa, Wednesday, June 04, 2025– President Donald Trump’s Big Beautiful Bill will cut taxes by $3.75 trillion and increase the deficit by $2.4 trillion over the next decade, the Congressional Budget Office(CBO) said on Wednesday. According to the nonpartisan CBO, the number of people without health insurance is projected to increase by 10.9 million under […]

Catenaa, Wednesday, March 05, 2025– US President Donald Trump called for new tax cuts, tariffs and curb inflation in his inaugural address to the Congress on Tuesday, as he looked to bring in trillions of dollars to the economy. Trump asked the congress to cut income taxes on Social Security benefits, tips, and overtime pay, and also […]

Catenaa, Monday, July 07, 2025- US plans to start sending letters to trading partners on Monday, warning countries that higher tariffs could kick in on 1 August, while BRICS members would face an additional 10% tariff. Kevin Hassett, director of the White House National Economic Council, told CBS’ “Face the Nation” on Sunday that Trump […]

Catenaa, Tuesday, August 05, 2025- US President Donald Trump said on Tuesday that he would announce tariffs on semiconductor and pharmaceutical imports “within the next week or so,” as he plans to add more tariffs to the mix. “We’ll be putting an initially small tariff on pharmaceuticals, but in one year, one and a half […]

Catenaa, Thursday, July 17, 2025- US President Donald Trump would send letters to more than 150 countries notifying them their tariff rates could be 10% or 15% as he forges ahead with his trade agenda. “We’ll have well over 150 countries that we’re just going to send a notice of payment out, and the notice […]

Catenaa, Friday, May 23, 2025- US President Donald Trump on Friday threatened Apple with tariffs upto 25% on iPhones made overseas as Trump reignites the trade war this time with US companies. “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of […]

Catenaa, Wednesday, July 03, 2025- US President Donald Trump warned that Japan should pay up to 35% tariffs on US exports as tension between the two nations ramped up for a third straight day. Japan should be forced to “pay 30%, 35% or whatever the number is that we determine, because we also have a […]

Catenaa, Monday, March 10, 2025- US President Donald Trump refused to rule out a recession from his planned tariffs as the US economy is in a period of transition. In an interview with Fox News on Sunday, the president said his plans for bigger “reciprocal” tariffs will go into effect on April 2.  The White House had […]

Catenaa, Thursday, July 17, 2025- TSMC, the world’s largest contract chipmaker, posted a 60.7% jump in second-quarter net profit on Thursday as it benefited from surging demand for semiconductors used in AI applications. Taiwan Semiconductor Manufacturing Company, whose customers include Apple and Nvidia, saw April-June net profit rise to $13.53 billion. “Our business in the […]

Catenaa, Monday, June 23, 2025- UK private sector expanded more than expected in June after a trade deal with the US brought back business confidence. S&P Global said on Monday its purchasing managers’ index rose to 50.7 in June, up from 50.3 in May and above analyst expectations, according to provisional estimates published Monday. The […]

Catenaa, Monday, June 09, 2025- The US and China restarted trade talks in London on Monday,  as the two nations aim to ease export controls and close the deal on rare earth minerals. “The purpose of the meeting today is to make sure that they’re serious, [and] to literally get handshakes,” Kevin Hassett, director of […]

Catenaa, Tuesday, June 17, 2025- US and Japan have failed to reach an agreement on their trade deal at the G-7 summit, as the US tariffs have started to hit Japan’s economy. Japan’s top tariff negotiator, Ryosei Akazawa, told reporters that he explored the possibility of a deal in detailed meetings with US Treasury Secretary Scott […]

Catenaa, Monday, March 31, 2025- US bank stocks are on track for the worst quarter since March 2023 over economic worries as Trump’s liberation day has created market uncertainties. The KBW Nasdaq Bank Index is down 5.09% since the start of the year, and down 10.6% from a month ago on Friday, putting it on […]

Catenaa, Friday, July 11, 2025- US banks are expected to show trading revenue gains from the 90 days that followed President Donald Trump’s reciprocal tariff announcements. Data compiled by Bloomberg shows that six of the biggest US banks are scheduled to disclose second-quarter results next week, with analysts predicting trading-revenue increases for all of them.  […]

Catenaa, Wednesday, August 13, 2025- US budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump’s tariffs. The Treasury Department said on Tuesday that the deficit for July was up 19%, or $47 billion, from July 2024. Receipts for the month […]

Catenaa, Wednesday, August 20, 2025- US budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office, a budget watchdog said on Wednesday. The Committee for a Responsible Federal Budget’s latest forecasts show a cumulative deficit of $22.7 trillion from fiscal 2026 to 2035, compared […]

Catenaa, Tuesday, June 03, 2025- The majority of US business owners are worried about supply chain disruptions from President Trump’s tariffs, a survey showed on Tuesday, as tariffs threaten the domestic economy. A survey by insurance brokerage Gallagher showed on Tuesday. Out of 1,000 US business owners, 72% said they are very concerned about cyber […]

Catenaa, Friday, June 27, 2025- US consumer spending unexpectedly fell by 0.1% in May as the trend of pre-tariff buying of goods like motor vehicles faded, with moderate inflation. Consumer spending, which accounts for more than two-thirds of economic activity, dropped 0.1% last month after an unrevised 0.2% gain in April, the Commerce Department’s Bureau […]

Catenna, Monday, March 17, 2025- US Consumer spending rose in February despite uncertainty in the economy as retail sales grew at solid space but less than expected. Headline retail sales rose 0.2% in February, the Commerce Department said on Monday,  less than the 0.6% increase economists had expected. Retail sales in January were revised lower […]

Catenaa, Monday, August 25, 2025- US consumers with prime credit scores are starting to fall behind in debt repayments, a report said on Monday, in a sign that Americans’ financial health may be deteriorating more broadly. Credit scoring company VantageScoreLate said that repayments over 90 days were up 109% year-over-year in the VantageScore superprime segment, […]

Catenaa, Thursday, May 29, 2025– US corporate profits fell by 42% quarter-over-quarter in the first quarter, official data showed on Thursday, and risks from tariffs-related costs could continue throughout the year. Commerce Department’s Bureau of Economic Analysis (BEA) said that profits from current production with inventory valuation and capital consumption adjustments dropped $118.1 billion last […]

Catenaa, Tuesday, June 24, 2025- US current account deficit widened to an all-time high of $450 billion in the first quarter, official data showed on Tuesday, as businesses front-loaded imports to avoid President Trump’s tariffs on imported goods. The Commerce Department’s Bureau of Economic Analysis said the current account deficit, which measures the flow of […]

Catenaa, Wednesday, July 30, 2025- US economic growth likely rebounded in the second quarter as the flow of imports subsided, with an anticipated moderate increase in consumer spending. The Commerce Department’s advance gross domestic product report on Wednesday would be heavily distorted by trade, as was the case in the January-March quarter when GDP contracted […]

Catenaa, Friday, June 06, 2025- US economy added 139,000 jobs in May as the labor market stays resilient despite economic uncertainty around President Trump’s tariffs. Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2%, the Bureau of Labor Statistics reported on Friday.  Employment continued to trend up […]

Catenaa, Thursday, June 26, 2025- US economy shrank by 0.5% in the first quarter of 2025, as President Trump’s trade policies disrupted business, official data showed on Thursday. First-quarter growth sank under a surge of imports as companies in the US rushed to bring in foreign goods before Trump could impose tariffs on them.  The […]

Catenaa, Thursday, August 28, 2025- The US economy rebounded in the second quarter by 3.3% after shrinking in Q1 due to fallout from President Donald Trump’s trade wars, official data said on Thursday. In an upgrade from its first estimate in July, the Commerce Department said Thursday that US gross domestic product expanded at a […]

Catenaa, Friday, August 29, 2025- The “de minimis” exemption that allowed low-value parcels shipped to the US to avoid tariffs ended on Friday morning, as Trump looks to reshape US trade. President Trump signed an executive order suspending what’s known as the de minimis exemption late last month. At the time, the White House said […]

Catenaa, Tuesday, July 08, 2024- US container imports from China fell by 28.3% year-on-year in June, after higher tariffs on goods by President Donald Trump took effect. Supply chain technology provider Descartes said on Tuesday that overall US container imports fell 3.5% from June 2024 levels, coming in at 2.2 million 20-foot equivalent units (TEUs). […]

Catenaa, Wednesday, March 12, 2025- US inflation rose by slightly less than expected in February, official data showed on Wednesday, providing a momentary relief for investors and consumers as tariffs threatened to increase prices in the coming months. According to the US Labor Department, the consumer price index, increased by 2.8% year on year in February, cooling […]

Catenaa, Wednesday, June 11, 2025- US consumer inflation rose less than expected in May, official data showed on Wednesday, despite concerns that Trump tariffs would hike prices. The Consumer Price Index rose 2.4% year over year in May, up from a 2.3% annual increase in April, the Bureau of Labor Statistics said. It was the […]

Catenaa, Wednesday, September 03, 2025- US job openings fell more than expected in July by 176,000, and hiring was moderate, consistent with easing labor market conditions. Job openings, a measure of labor demand, dropped 176,000 to 7.181 million by the last day of July, the Labor Department’s Bureau of Labor Statistics said in its Job […]

Catenaa, Thursday, July 03, 2025- US labor market continues to add more jobs despite economic uncertainty, as 147,000 nonfarm jobs were added in June, along fall in the unemployment rate. The US economy added 147,000 nonfarm payrolls in June, more than the 106,000 expected by economists. The unemployment rate unexpectedly fell to 4.1%. Economists had […]

Catenaa, Friday, August 15, 2025- The US government is considering taking a stake in Intel, helping the struggling chipmaker make a turnaround through infrastructure investment. According to Bloomberg, the plan could involve the government helping Intel expand its planned chip complex in Ohio, which the company has had to delay as part of its ongoing […]

Catenaa, Monday, May 05, 2025- US media stocks fell on Monday after President Donald Trump announced a 100% tariff on foreign produced films imported to the country. Media stocks such as Netflix fell by over 1.4%, Warner Bros by 0.8% and Paramount Global fell by over 0.9%, while Disney recorded a gain of 0.4% by […]

Catenaa, Wednesday, September 10, 2025- US producer prices fell unexpectedly last month, dropping 0.1% from July, official data showed on Wednesday, pulled down by a decline in the costs of services. The Labor Department said that its producer price index, which captures inflation in the supply chain before it hits consumers, showed that wholesale inflation […]

Catenaa, Thursday, February 27, 2025– US economic growth slowed in the fourth quarter of 2024, official data revealed on Thursday, with increases in consumer and government spending and decline in investments. Commerce Department’s Bureau of Economic Analysis (BEA) said Gross Domestic Product(GDP) decreased to a 2.3% in Q4 year on year, after accelerating at a 3.1% pace […]

Catenaa, Wednesday, July 23, 2025- US President Trump said on Tuesday that the US and Japan had reached a trade deal that includes a 15% tariff on goods from Japan. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump wrote in a Truth Social post. The president said the […]

Catenaa, Tuesday, June 17, 2025- US retail sales fell in May, official data showed on Tuesday, as President Trump’s tariffs reduced gas and auto purchases. Retail trade sales were down 0.9% from April 2025, and up 3.0%  from last year, surpassing economists’ expectations for a 0.6% decline month on month. A 2% decline in gasoline […]

Catenaa, Tuesday, March 04, 2025– US stocks fell in the early hours on Tuesday, after President Donald Trump’s promised tariffs tool effect. The Dow Jones Industrial Average dropped by over 765 points, or 1.77% after 2 hours into the market opening, while the S&P 500 fell 1.75%. The tech-heavy Nasdaq inched down 1.57 The policy taxes […]

Catenaa, Monday, June 02, 2025- US stocks fell on Monday after China hit back at US President Trump’s claim that China had violated the trade deal they arrived at in Geneva. The Dow Jones Industrial Average fell over 0.7%, the S&P 500 declined nearly 0.6%, while the tech-heavy Nasdaq Composite ticked lower by about 0.1%. […]

Catenaa, Monday, September 08, 2025- US Treasury Department would have to give rebates if the Supreme Court decides that President Trump’s “reciprocal” tariffs went beyond his authority. “We would have to give a refund on about half the tariffs, which would be terrible for the Treasury,” Secretary Scott Bessent said Sunday. Amid legal questions hanging […]

Catenaa, Thursday, August 21, 2025- Walmart reported increased profits and sales for Q2 on Thursday as the retailer finds success in e-commerce despite a tariff-induced price-sensitive environment. The company said it earned $7.03 billion, or 88 cents per share, for the three months ended July 31. That compares with $4.50 billion, or 56 cents per […]

Catenaa, Wednesday, April 02, 2025- US retailing giant Walmart is continuing to push Chinese suppliers to cut prices to offset President Donald Trump’s tariffs, Bloomberg reported on Tuesday, as liberation day is at hand. Quoting sources, Bloomberg said some Chinese manufacturers are finding it difficult to meet Walmart’s demands to cut prices by as much […]

Catenaa, Tuesday, June 10, 2025- The world economy will grow at its slowest pace since the 1960s during this decade, the World Bank warned on Tuesday, as trade wars will hit economies. Citing “a substantial rise in trade barriers’’ the World Bank said that the US economy would grow half as fast (1.4%) this year […]