Catenaa, Thursday, April 10, 2025- Chinese companies that sell products on Amazon are preparing to hike prices for the US market or quit it with the ongoing trade war between China and the US. Head of Shenzhen Cross-Border E-Commerce Association, China’s largest e-commerce association, Wang Xin said that it will be very hard for anyone […]

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, May 08, 2025- Asian stocks rose moderately on Thursday after the US Federal Reserve kept its interest rates unchanged as expected by the market and Wall Street finishing high. Japan’s benchmark Nikkei 225 edged up 0.5% in afternoon trading,  Australia’s S&P/ASX 200 added 0.24%, South Korea’s Kospi rose 0.5%, Hong Kong’s Hang Seng […]

Catenaa, Tuesday, July 29, 2025- AstraZeneca has increasing business in the US with 50% revenue expected from the state side by 2030, amidst reports that the UK-listed company might come to Wall Street. CEO Pascal Soriot on Tuesday said the UK-listed company had many reasons to be in the US, adding that it was “rapidly […]

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, Tuesday, April 15, 2025- Bank of America reported 10% jump in profits in the first quarter with growth in interest income and gains from a volatile market. The bank said its net income grew to $7.4 billion and earnings per share to $0.90 from $0.76 last year, while revenue was up by 6% year-over-year […]

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, Friday, May 23, 2025- US Treasury Secretary Scott Bessent said the US could be announcing “several large” trade deals in the next couple of weeks, as the Trump administration is expected to meet with China for tariff talks. “My sense is, over the next couple of weeks we’re going to have several large deals […]

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, Monday, April 28, 2025- US Treasury Secretary Scott Bessent said it’s “up to China” to de-escalate trade tension with the US as the Trump administration sends mixed signals on relations with China. Bessent said in an interview with CNBC on Monday it’s “up to China” to de-escalate. “As I’ve repeatedly said, I believe it’s […]

Catenaa, Tuesday, May 06, 2025- US Treasury Secretary Scott Bessent said on Tuesday, the Trump Administration has not begun any negotiations with China over tariffs but has started with 17 other trading partners. Bessent testified before a Congressional Oversight hearing of the Treasury Department Tuesday morning and said the US is negotiating trade deals with […]

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, 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, Thursday, May 08, 2025- Boeing shares gained on Thursday after the UK announced a $10 billion purchase of Boeing planes as part of a private sector deal following the UK-US trade deal. US Commerce Secretary Howard Lutnick announced at White House that the UK will purchase $10 billions of Boeing planes, though the details were […]

Catenaa, Friday, June 20, 2025- China kept its benchmark lending rates unchanged Friday, after a rate cut in May as a trade deal with the US eased some growth concerns. The People’s Bank of China(PBOC) held the 1-year loan prime rate at 3.0% and the 5-year LPR at 3.5%. Last month, Chinese authorities cut the […]

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, Wednesday, April 16, 2025– China has recorded an unexpectedly 5.4% GDP growth in the first quarter before the US trade tariffs took effect, official data showed on Wednesday. The National Bureau of Statistics (NBS) said, China’s economy grew by 5.4% in the first quarter, beating estimates of 5.1%, continuing the export driven growth seen […]

Catenaa, Tuesday, April 08, 2025- China State-owned Assets Supervision and Administration Commission said on Tuesday it fully supports central state-owned enterprises to increase their stock holdings and share buybacks to reduce impact on the ongoing trade war on the stock market. Several Chinese state-owned companies, including oil giant Sinopec, have already announced plans to buy […]

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, 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, 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, Thursday, April 17, 2025- The European Central Bank(ECB) cut interest rates by 25 basis points on Thursday as the increasing global trade disruptions adds more uncertainty to the inflation outlook. ECB President Christine Lagarde said it was unanimously decided to cut rates by 25 basis points instead of 50 basis points as some analysts […]

Catenaa, Tuesday, April 08, 2025- World richest man Elon Musk’s wealth dropped below $300 billion on Monday for the first time since 2024, due to impacts of recent Tesla backlash and sweeping new tariffs. Bloomberg Billionaires Index showed that Musk was worth $298 billion as of market close Monday, since the beginning of the year, […]

Catenaa, Wednesday, April 23, 2025– European Union (EU) exports to the US increased by 22.4% year over year in February to a 13-month high, ahead of President Trump’s tariff concerns. Eurostat data showed on Wednesday, EU exports to the US amounted to $58.8 billion in February while imports from the US rose by 2.4% to […]

Catenaa, Tuesday, May 06, 2025- The European Union (EU) plans to impose additional tariffs on $113 billion worth of US goods imported to the bloc if the ongoing trade talks fail to yield a satisfactory result, Bloomberg said. Quoting people familiar with the matter, Bloomberg said that the proposed retaliatory measures will be shared 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, 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, 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, Thursday, April 24, 2025- US Federal Reserve sees no urgency in changing policy rates and seeks more clarity to determine the impact of Trump’s tariffs on the economy. Federal Reserve Governor Christopher Waller said in a Bloomberg interview on Thursday that given the tempo at which the Trump administration’s import taxes shift, it wouldn’t […]

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, Monday, April 14, 2025- Goldman Sachs’ first quarter profits rose by 15% year on year, the company reported on Monday, driven by record revenues by equities and fixed income amidst volatility. The firm reported net revenues of $15.06 billion and net earnings of $4.74 billion for the first quarter ended March, while diluted earnings […]

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, April 11, Friday, 2025- Morgan Stanley reported a net profit increase of 26% year on year in first-quarter (Q1) profit with outperformance in prime brokerage and strong client activity amid market volatility. The bank posted a profit of $4.3 billion, or a $2.60 per share, for Q1 on Friday. That compares with a profit […]

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, Wednesday, May 07, 2025- Nvidia would face a “tremendous loss” if the chipmaker loses access to the soon to be $50 billion worth AI market in China, CEO Jensen Huang said. In an interview with CNBC on Tuesday, the Nvidia boss addressed concerns about the growing restrictions facing his company as the US government […]

Catenaa, Monday, April 21, 2025– MicroAlgo Inc, the popular penny stock is continuing with its gains as the stock gained by over 90% on Monday afternoon as the company tries to enter the tech landscape. MicroAlgo Inc. stock has been a leading performer in the US equity market, which is hit by uncertainties with US […]

Catenaa, Wednesday, April 16, 2025- US Federal Reserve Chair Jerome Powell said tariffs are highly likely to generate at least a temporary rise in inflation in the US, while the economy is still stable despite uncertainty. In a speech to the Economic Club of Chicago, Powell said that tariffs imposed by President Trump are highly […]

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, 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, 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, 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, Friday, July 04, 2025- US President Trump said his administration is poised to inform many trading partners of unilateral tariff rates of up to 70%, as the July 9 deadline closes.  Trump said that the notices will be sent to countries by July 9, ending the 90-day pause on reciprocal tariffs, which will be […]

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, 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, Friday, May 16, 2025– US President Donald Trump said on Friday tariffs rate for US trading partners will be set over the next two to three weeks, as his administration lacks the capacity to negotiate deals with all trading partners. Trump said Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be sending […]

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, 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, Wednesday, April 23, 2025- US Treasury Secretary Scott Bessent said on Wednesday that Trump administration is not considering slashing steep tariffs on Chinese imports to de-escalate the trade war. Bessent told reporters that high duties imposed by both sides need to come down mutually before talks can begin between the two economies. “Neither side […]

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, 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, Monday, July 28, 2025- The US and the European Union agreed to a trade deal that includes 15% tariffs on most exports to the US, including automobiles, after weeks of negotiations. Trump announced the deal Sunday after a meeting with European Commission President Ursula von der Leyen. He said the charge would cover automobiles.  […]

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, 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 […]

Catenaa, Friday, May 16, 2025- US Consumer sentiment fell to its second-lowest level in May as Americans expect Trump’s tariffs to raise prices over the next year. The latest University of Michigan survey released Friday showed that the sentiment index slid to 50.8, below the 52.2 seen last month. The reading was just shy of […]

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, 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, 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, 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, Thursday, July 03, 2025- US has lifted recent export license requirements imposed by the Trump administration for chip design software sales in China, as part of the deal between Washington and Beijing. The US Commerce Department informed the world’s three leading semiconductor design software providers, Synopsys Inc., Cadence Design Systems Inc. and Germany’s Siemens […]

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, 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, April 22, 2025– US recession odds have increased by a minimum of 37% through analysis given by investments firms and IMF due to US trade tariffs and trade war with China. Citigroup’s Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to 45% chance of recession. Sheets told clients in […]

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, Monday, April 07, 2025- Stocks reversed course in Wall Street on Monday after White House economic adviser Hassett President Trump is considering a 90-day tariff pause on all countries except China. In an interview with Fox news, National Economic Council Director Kevin Hassett said that President Donald Trump was considering a 90-day tariff pause […]

Catenaa, Wednesday, April 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]

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, May 08, 2025- US announced its first trade deal since the announcement of reciprocal tariffs in April with the UK on Thursday, which looks to cut down on tariffs on cars, steel and aluminum. It’s a “tremendous trade deal for both countries,” Trump said Thursday in the Oval Office. “This is a fantastic, […]

Catenaa, Monday, May 12, 2025-The United States and China on Sunday reported significant progress in bilateral trade negotiations following two days of closed-door talks in Switzerland. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng called the Geneva meetings constructive and comprehensive. They were the first such high-level engagement since President Donald Trump […]

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, Friday, April 11, 2025- Wells Fargo posted revenue below Wall Street’s expectation for the first quarter on Friday as with higher deposit costs and slow growth in personal loans. The San-Francisco based banker reported revenue of $20.15 billion versus the expectation of $20.75 billion, first quarter revenue was down by 2% year on year. […]

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 […]