Some Europeans are becoming leery of visiting the U.S., as reports of U.S. immigration authorities detaining them while traveling, for reasons that are not clear, swirl. A number of tourists from Europe say they have been stopped at U.S. border crossings and held at U.S. immigration detention facilities for weeks, despite holding tourist permits, work visas, or otherwise believing that …
Read More »Gold Retreats on Firmer U.S. Dollar
Gold prices retreated on Friday as the American dollar firmed and investors booked profits after bullion hit three successive all-time peaks this week, buoyed by safe-haven demand amid trade war concerns and hopes of a rate cut by the Federal Reserve later this year. Spot gold was down 0.4% to $3,033.36 an ounce, while …
Read More »U.S. Federal Reserve Warns Of Slowing Growth And Rising Inflation
As was widely expected, the U.S. Federal Reserve has stood pat on interest rates. However, the American central bank warned of slowing growth and rising inflation ahead. The Fed lowered its economic outlook as part of its latest projections, saying it expects the U.S. economy to grow at 1.7% this year, down from a previous forecast of …
Read More »Price Rally Sets The Stage for U.S. Natural Gas Boom
It’s “drill, baby, drill” time in the U.S. shale patch—but mostly for natural gas. U.S. producers continue to keep oil output steady amid WTI Crude prices below $70 per barrel and aren’t breaking discipline just because the Trump Administration wants lower oil prices. But the natural gas producers focused on the shale gas plays …
Read More »TSX Shoots Higher Ahead of U.S. Fed Decision
Equities in Canada’s largest market opened higher on Wednesday as investors geared up for the U.S. Federal Reserve’s interest-rate verdict due later in the day. The TSX Composite Index shrugged off Tuesday’s losses and popped 217.31 points to begin Wednesday at 24,923.38 The Canadian dollar dipped 0.01 cents to 69.86 cents U.S. The TSX is largely …
Read More »Russia Escalated Sabotage to Pressure U.S. and Allies on Ukraine, Study Says
Russia significantly stepped up its sabotage campaign over the past two years as it sought to pressure Europe and the United States to curb their support for Ukraine, according to a new study released on Tuesday. The report, by the Center for Strategic and International Studies, is one of the first that try to quantify the scale of Moscow’s covert …
Read More »Berkshire Hathaway’s Stock Hits Record High As U.S. Market Slumps
The stock of Berkshire Hathaway (BRK.A/BRK.B) is outperforming the broader U.S. market this year, hitting a record high even as the benchmark S&P 500 index falls into a correction. Berkshire’s Class A stock rose 1.8% to $784,957 U.S. on March 17, while its Class B shares ended the day at $523.01 U.S. Both were all-time highs …
Read More »OECD Cuts U.S. Growth Forecast Due To Trade Tariffs
The Organisation for Economic Co-operation and Development (OECD) has lowered its growth forecast for both the U.S. and global economies, citing the likely impacts of trade tariffs. The OECD reduced its projection of U.S. GDP to 2.2% in 2025 and 1.6% in 2026. Previously the organization expected the American economy to expand 2.4% this year and 2.1% …
Read More »Illegal Border Crossings Drop to Lowest Levels in February in U.S. History
Credit: Gage Skidmore via Wikimedia Illegal border crossings dropped to their lowest level for the month of February in recorded history, according to the latest U.S. Customs and Border Protection data. In February, 28,654 encounters and apprehensions of illegal border crossers were reported nationwide – a roughly 90% drop from the number reported in previous Februarys under the Biden administration. In …
Read More »U.S. launches strikes on Yemen as Houthis attack shipping vessels
U.S. launches strikes on Yemen as Houthis attack shipping vessels – CBS News Watch CBS News The U.S. over the weekend launched strikes in Yemen, which the Pentagon says will continue until Houthi rebels stop shipping attacks. Charlie D’Agata has the latest. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now …
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