[ad_1] U.S. Treasury Secretary Janet Yellen addresses journalists in a press conference July 9 capping her four-day Beijing visit. She said “direct, substantive and productive” talks have set relations between the world’s two largest economies on a “surer footing.” Pedro Pardo | Afp | Getty Images U.S. Treasury Secretary Janet Yellen said 10 hours of … Read more
[ad_1] Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas’ ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). “What I like about [CHAT] is … Read more
[ad_1] China is restricting the exports of gallium and germanium, two metals key to the manufacturing of semiconductors, its commerce ministry said in a statement late on July 3, escalating a technological trade war over access to microchips with Europe and the United States. Nurphoto | Nurphoto | Getty Images China is restricting the exports … Read more
[ad_1] Last Updated: June 16, 2023, 02:30 IST London, United Kingdom (UK) U.S. Treasury yields were lower as investors digested the economic data and the Fed’s update. Equities trading had been choppy on Wednesday after the Fed signaled it could follow its June pause with two more rate increases this year MSCI’s global index of … Read more
[ad_1] Last Updated: June 09, 2023, 01:48 IST New York, United States of America (USA) Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT). U.S. gold futures settled up 1% at $1,978.60. (Reuters File Photo) Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT) Gold … Read more
[ad_1] Jakub Porzycki | NurPhoto | Getty Images Global drugmaker Merck on Tuesday sued the Biden administration over Medicare‘s new powers to substantially reduce drug prices for seniors under the Inflation Reduction Act, the opening salvo in the pharmaceutical industry’s efforts to weaken the program. Merck called the law’s drug price negotiation program a “sham” … Read more
[ad_1] Last Updated: June 06, 2023, 02:49 IST New York, United States of America (USA) FILE PHOTO: A saleswoman shows gold bangles to a customer at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 3, 2022. (Image: Reuters) Spot gold gained 0.6% to $1,958.89 per … Read more
[ad_1] A Chinese and US national flag hang on a fence at an international school in Beijing on December 6, 2018. (Photo by Fred DUFOUR / AFP) (Photo by FRED DUFOUR/AFP via Getty Images) Fred Dufour | Afp | Getty Images The United States is taking an analytical approach to its review of whether to … Read more
[ad_1] Last Updated: May 26, 2023, 23:53 IST New York, United States of America (USA) On Thursday US President Joe Biden expressed confidence about the talks, saying there will be no default and that recent talks had been productive.U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be closing in on an … Read more
[ad_1] Chinese President Xi Jinping and hands with then U.S Vice President Joe Biden inside the Great Hall of the People on December 4, 2013 in Beijing, China. Lintao Zhang | Getty Images News | Getty Images Leaders of the Group of Seven agreed there’s a need to de-risk, not decouple from China, and acknowledged … Read more