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The U.S has yet to formally notify Nvidia that it will get export licenses in exchange for a 15% cut of revenue.
Nvidia, the world's most valuable company, gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending. Sales will be roughly $54 billion in the fiscal th
If President Donald Trump successfully ousts Lisa Cook from her role as a Federal Reserve governor, it could give him a path to radically reshape the US central bank in an unprecedented way to achieve his goal of lower interest rates.
British artist Jess Chappell is cutting off sales to the United States as new trade policies take effect this week.
Paul Dobson, Anna Edwards, Guy Johnson and Kriti Gupta break down today's key themes for analysts and investors on \\
Japan’s top trade negotiator abruptly canceled a trip to Washington aimed at issuing a joint statement on a tariffs deal with the Trump administration, as a top government spokesman urged the U.S. side to speed up implementation of the agreement. Trade e
President Donald Trump's escalating attacks on the U.S. Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, ECB policymaker Olli Rehn said in a speech on Thursday. Uncertainty surrounding the
The U.S. Federal Reserve looks set to cut interest rates at its next meeting on Sept. 16 and 17.
HSBC's Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to diversify portfolios—particularly into China.
Gold was steady after a two-day gain on concern over the independence of the Federal Reserve and inflation risks in the US. Meanwhile, oil fell as traders looked past US efforts to force India to quit buying Russian crude. Marcus Garvey, Head of Commoditi
BEIJING/SINGAPORE -Grains traders globally are closely watching talks between the United States and China for signs of progress on agricultural tariffs, a key test for American farmers to regain a foothold in their top export market. Senior Chinese trade
Egypt's central bank is widely expected to resume its monetary-easing cycle after a pause last month. The North African country has been on a mission to tamp down inflation that surged to a record 38% in September 2023 as it tries to revamp its economy af
Brent dropped below $68 a barrel, while West Texas Intermediate was near $64. White House trade adviser Peter Navarro stepped up the pressure on New Delhi to halt purchases of Russian oil after Washington doubled a levy on imports from the country to 50%
The Mexican government plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation's businesses from cheap imports and satisfying a longstanding demand of US President Donald Trump. Bloomberg's Jill Disis repor
According to Axel Eggert, the chief of EUROFER, the European steel lobby, tariff-rate quotas are the best solution to put an end to existing US levies on imports of steel and aluminium. He also believes that the joint fight against Chinese overcapacities