Tag: food

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Australian Consumer Sentiment Remains Cautious Amid Economic Uncertainty

February consumer sentiment in Australia remains cautious despite falling inflation. The Reserve Bank of Australia may consider easing monetary policy due to the muted spending outlook.

U.S. Stocks Rise Amid Tariff Concerns

US stocks rose Monday, aiming for a rebound as investors looked beyond President Trump's latest tariff threats, including new levies on steel and aluminum imports.

US Stocks Rise Pre-Open amid Tariffs on Steel and Aluminum

US stocks rose Monday, led by steelmakers, as investors bet on a rebound from recent losses after President Trump announced tariffs on steel and aluminum imports. The Dow Jones Industrial Average gained 0.3%, the S&P 500 rose 0.7%, and the Nasdaq Composite added 1.2%.

Trump Media to Launch Bitcoin ETF, Linking Trump to Digital Asset Surge

Trump Media & Technology Group plans to launch a bitcoin exchange-traded fund, marking another way the former US president could participate financially in the digital asset surge that followed his election.

Asian Markets Set to Open Lower After Trump Tariffs Pledge

Asian markets are set to open lower after President Trump's announcement of tariffs on steel and aluminum imports. Commodity currencies and Asian stocks are expected to decline. Keep up-to-date on the latest market developments with Bloomberg.

Musk's DOGE Team to Access US Central Accounting System

Elon Musk's team will visit the US government's central accounting system in West Virginia to gain read-only access.

Modi's Two-Pronged Stimulus Fails to Impress Investors

India's central bank cuts interest rates for the first time in five years, while the government unveils historic tax cuts to address the country's slowing economy.

Freyr Abandons Plan for Atlanta Battery Factory, Shifts Focus to Texas Solar Plant

Freyr Battery abandons plans for Atlanta electric battery factory, focusing on Texas solar panel plant. The $2.6 billion factory would have been the second-largest battery factory worldwide, but Freyr has shifted its focus to a newly opened solar panel factory in Texas.

January Jobs Report: Unemployment Falls to 4%, Wages Rise More Than Expected

The unemployment rate fell to a five-month low of 4% in January, while wages grew more than expected and job gains were revised higher.

US Importers Stockpile Italian Prosecco Ahead of Possible Tariffs

Surge in Italian Prosecco Imports to US Amidst Possible Tariffs; Importers Stockpile Ahead of Market Impact