The U.S. dollar surged on Friday, following stronger-than-expected employment data and rising consumer inflation expectations. The data reinforced expectations that the Federal Reserve will pause its rate-cutting cycle during its policy meeting later this month, driving the greenback to its highest levels against several currencies. U.S. JOBS REPORT SURPASSES FORECASTS The U.S. economy added 256,000 […]
NEW YORK, Jan 10 (Reuters) – U.S. President-elect Donald Trump will not go to jail or face any other punishment for his criminal conviction stemming from hush money paid to a porn star, a judge ruled on Friday but said Trump’s Jan. 20 inauguration would not erase the jury verdict. Justice Juan Merchan’s sentencing of Trump, 78, […]
LONDON, Jan 8 (Reuters) – From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump’s promise to jack up tariffs when he becomes U.S. president in less than two weeks. Trump has pledged tariffs of as much as 10% on global imports and 60% on Chinese goods, plus a 25% […]
