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Tag Archives: Economy

NYC’s most costly house lists for $110 million amid marketplace uncertainty

NYC’s most costly house lists for 0 million amid marketplace uncertainty

Since launching the quadplex previous this month, list agent Nikki Field with Sotheby’s stated passion has been encouraging: “Several highly qualified individuals have already inquired and toured the residence. There’s real momentum.” Rendering supplied by means of Sotheby’s International Realty As the Dow Jones Industrial Average plunged and tariff headlines …

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Chinese freight send site visitors to busiest U.S. ports, Los Angeles, Long Beach, sees steep drop

Chinese freight send site visitors to busiest U.S. ports, Los Angeles, Long Beach, sees steep drop

Shipping boxes from China on the China Shipping (North America) Holding Company Ltd. facility on the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters The pullback in industry between the U.S. and China because of President Trump’s steep price lists on Chinese items and …

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Bessent says he expects ‘de-escalation’ in U.S.-China tariff combat within the ‘very close to long term’

Bessent says he expects ‘de-escalation’ in U.S.-China tariff combat within the ‘very close to long term’

U.S. Secretary of the Treasury Scott Bessent walks to talk to the inside track media about the most recent tariff announcement from President Donald Trump, on the White House in Washington, D.C., U.S. April 9, 2025.  Leah Millis | Reuters Treasury Secretary Scott Bessent instructed traders in a closed-door assembly …

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European Central Bank’s Lagarde says she hopes Trump does not fireplace Fed’s Powell

European Central Bank’s Lagarde says she hopes Trump does not fireplace Fed’s Powell

Christine Lagarde, President of the European Central Bank (ECB), feedback at the central financial institution’s newest rate of interest choice to reporters. Photo by way of Andreas Arnold/image alliance by way of Getty Images European Central Bank President Christine Lagarde on Tuesday mentioned she was hoping that the possibility of …

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IMF slashes 2025 U.S. enlargement forecast to 1.8% from 2.7%, bringing up industry tensions

IMF slashes 2025 U.S. enlargement forecast to 1.8% from 2.7%, bringing up industry tensions

A lady walks previous the International Monetary Fund forward of the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025. Jim Watson | AFP | Getty Images Tariffs are posing main headwinds for the U.S. and world economies, main the International Monetary Fund to slash its …

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As the greenback falters, the arena’s central banks tread a tightrope — devalue their foreign money or no longer

As the greenback falters, the arena’s central banks tread a tightrope — devalue their foreign money or no longer

U.S. 100 greenback expenses. Nurphoto | Nurphoto | Getty Images The greenback has been sliding and the ripple impact on different currencies has introduced a mixture of reduction and headache to central banks all over the world. Uncertainty about U.S. policymaking has ended in a flight out of the U.S. …

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Trump price lists result in surge of businesses parking imports in tax-free ‘overseas commerce zones’

Trump price lists result in surge of businesses parking imports in tax-free ‘overseas commerce zones’

Companies huge and small are turning to big U.S. Customs-approved websites to steer clear of, no less than briefly, the fee of new price lists applied through President Trump. These places, known as overseas commerce zones (FTZs) and bonded warehouses, are specifically designated, secured garage or production websites accepted through …

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