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USA

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South Korea sees higher chance of US trade deal by APEC summit

Bermuda Broadcasting Newsdesk -
While the two sides have made concrete progress in most issues, they need to iron out a couple of remaining items International News via Reuters: South...
Finance

Global bank stocks slide as US credit risks spark reality check

Bermuda Broadcasting Newsdesk -
The banking sector's exposure in two recent U.S. auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank's...
News - World

US stocks rally as earnings, rate cut hopes overshadow trade jitters; gold touches new high

Bermuda Broadcasting Newsdesk -
All three major U.S. stock indexes gained ground in a broad rally driven by rate cut hopes and solid corporate earnings results International News via...
News - World

Data darkness in US spreads a global shadow

Bermuda Broadcasting Newsdesk -
What happens in America, in other words, doesn't stay in America, and global officials say being left data-blind by the shutdown over time could...
News - World

Stellantis to recall over 298,000 US vehicles over rollaway risk

Bermuda Broadcasting Newsdesk -
The shifter cable may detach from the transmission, preventing the vehicle from shifting into the park position, the NHTSA said International News via Reuters: Stellantis is...
News - World

US stocks mixed, gold jumps as upbeat economic forecasts offset trade tensions

Bermuda Broadcasting Newsdesk -
The S&P 500 and the Dow rebounded after all three major U.S. stock indexes opened sharply lower, while crude prices fell and safe-haven gold...
News - World

Trump threatens tariffs on Spain over refusal to boost NATO defense spending

Bermuda Broadcasting Newsdesk -
Trump has repeatedly pushed NATO members to spend more on their own defense and cast doubt on Washington's willingness to come to the aid...
Finance

US dollar weakens against Swiss franc, yen as trade tensions resurfaces

Bermuda Broadcasting Newsdesk -
The dollar weakened 0.14% to 0.803 against the Swiss franc and was down 0.13% to 152.08 against the Japanese yen International News via Reuters: The U.S....
News - World

EU presses US to drop tariffs on metals content

Bermuda Broadcasting Newsdesk -
Under their joint agreement, the two transatlantic partners are to consider ring-fencing their steel, aluminium and derivative products made from the metals from overcapacity International...
Finance

Dollar cuts losses, after Trump tones down tough talk on trade

Bermuda Broadcasting Newsdesk -
The dollar index, which measures the U.S. currency's performance against a basket of six others, was last up 0.2% at 99.2 International News via Reuters: The...
News - World

White House says substantial US government job cuts have begun

Bermuda Broadcasting Newsdesk -
Job cuts were underway at the Treasury Department and the U.S. health agency, spokespeople said, but the total extent of the layoffs was not...
Finance

High US stock valuations bring back memories of dotcom exuberance

Bermuda Broadcasting Newsdesk -
International Monetary Fund chief Kristalina Georgieva warned on Wednesday about the risks to the world economy from potentially large corrections in lofty stock markets International News...
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