Posts with tag: research
U.S. Construction Spending Rises in December, Boosted by Homebuilding
Published on: February 03, 2025, 04:00 PM UTC
Canada's energy sector may have dodged a trade war bullet, with the US imposing a lower 10% tariff on crude and potentially exempting some shipments altogether. While the tariffs could disrupt the integrated North American energy market, Canada has partial shields in place, including the expanded Trans Mountain pipeline.
Published on: February 03, 2025, 03:05 PM UTC
Ecopetrol and Occidental Petroleum renew their oil joint venture in the US Permian basin in Texas. Read about the investment plan, development wells, and production targets.
Published on: February 03, 2025, 02:06 PM UTC
The dollar surged and stocks tumbled as the beginning of US tariffs ushered in a trade war threatening economic growth around the world. Most Read from Bloomberg: New York’s First ‘Passive House’ School Is a Model of Downtown Density; When French Communists Went on a Brutalist Building Boom; Trump Paves the Way to Deputize Local Police on Immigration; How the 2025 Catholic Jubilee Is Reshaping Rome; Historic London Elevator Faces Last Stop in Labour’s Housing Push
Published on: February 03, 2025, 02:04 PM UTC
Markets plunged after investors realized President Trump was serious about imposing hefty tariffs on Canada, Mexico and China. Nasdaq 100 futures dove more than 1.7%, S&P 500 futures spiraled roughly 1.5%, and Dow Jones Industrial Average futures tumbled about 1.3%.
Published on: February 03, 2025, 02:01 PM UTC
The dollar surged and stocks fell as US tariffs sparked a global trade war, threatening economic growth. The Bloomberg Dollar Index jumped 0.9%, while S&P 500 futures slid 1.4%. European carmaker shares and crypto assets also tumbled amid concerns over inflation and supply disruptions. The impact on emerging markets was severe, with the Mexican peso weakening by more than 2%. In energy markets, tariffs threatened to disrupt North America's oil trade, pushing up gasoline prices.
Published on: February 03, 2025, 12:05 PM UTC
Over 700 UK farm shops face closure due to tax raids, threatening the livelihoods of 25,000 employees.
Published on: February 02, 2025, 06:01 PM UTC
Trump's tariffs on Mexico, Canada, and China will increase prices for vegetables, fruits, tequila, cars, clothing, and more. The impact will be felt by consumers, businesses, and the economy as a whole.
Published on: February 02, 2025, 06:00 PM UTC
During Medicare's open enrollment period, you can switch Advantage plans or move to original Medicare. Review your coverage and consider changes to drug plans and network access to find the best fit.
Published on: February 02, 2025, 02:00 PM UTC
US tariffs on Canadian and Mexican oil imports benefit European and Asian refiners, boosting their competitive advantage and refining margins.
Published on: February 02, 2025, 01:00 AM UTC