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After 50 Years, Death of the Petrodollar Signals End of U.S. Hegemony
TheStreet.com· 1 day agoNow, as this deal has not been renewed, Saudi Arabia can trade or deal in currencies outside of the...
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Business Insider via Yahoo Finance· 2 hours agoBy one estimate, such a conflict could emerge as soon as next year. Trump has disputed that the...
The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 4 hours agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
Europe to Hit China With EV Tariffs That Its Own Automakers Oppose
The Wall Street Journal· 2 days agoThe EU—which last year ran a €291 billion trade in goods deficit with China, equivalent to $313...
China’s Waning Hunger for Grain Spells Trouble for World Market
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- China’s appetite for overseas wheat and corn is dwindling rapidly, which is likely to...
High copper prices the new normal, likely to impact electric cars, expert warns By Investing.com
Investing.com· 11 hours agoRodrigo Scolaro, an economist at Gep Costdrivers, shared this view in an interview with...
2024 Polestar 2: Built to Compete With Tesla
The Wall Street Journal· 9 hours agoCharging: The P2’s 400V system tops out at a205 kW charging rate, sufficient to raise battery charge from 10% to 80% in 28 minutes, according to the...
Turkey imposes 40% tariff on vehicle imports from China
Gulf Business· 6 days agoThe additional tariff by Turkey will be set at a minimum of $7,000 per vehicle, with effect from...
S&P 500 Edges Lower; RH Shares Plunge After Q1 Results - RH (NYSE:RH)
Benzinga· 4 hours agoThe S&P 500 also fell, dropping, 0.10% to 5,428.33. The total number of active U.S. oil rigs...
Gold rush to endure through 2024 though $3,000 mark may prove elusive
Reuters via Yahoo Finance· 2 days agoSpot gold is trading around $2,300 per ounce after hitting a record $2,449.89 on May 20, gaining...