This year the summit will focus largely on U.S. President Donald Trump’s trade war. Trump has slapped 50 percent tariffs on Indian goods over New Delhi’s continued purchases of Russian oil. Putin meanwhile is facing fresh Western sanctions tied to his ongoing war in Ukraine. “How in the hell did Trump so alienate Modi that…
President Donald Trump has decided not to visit India for the Quad meeting later this year as relations between him and Indian Prime Minister Narendra Modi continue to cool, according to a report from The New York Times. Newsweek reached out to the White House and the Indian Ministry of External Affairs for comment by…
The Club’s 10 things to watch Friday, Aug. 29 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. The S & P 500 is on pace for a lower open to finish out the week after closing yesterday at a record high. There were no major fireworks from the…
Key issues the sector is facing include cash retentions and the need to improve payment practices across the construction supply chain Phil Brickell, Member of Parliament for Bolton West, recently visited Lancashire-based BD Structures, a steelwork contractor, to understand the broader challenges facing the UK’s steel construction industry. During his visit, key issues included cash…
Bayrou has been trying to get lawmakers on board with an unpopular €43.8 billion budget squeeze aimed at reining in France’s budget deficit. By calling a confidence vote on Sept. 8 — two days before a planned nationwide shutdown and two weeks before MPs were expected to return to work — Bayrou is gambling that lawmakers can…
Earlier this year, the “Sell America” trade was in full force. It can be argued that the peak of the movement came in April and May, after President Trump’s infamous “Liberation Day,” and as Moody’s downgraded the US’s credit rating. The yield on the 30-year Treasury bond surged above 5% as foreign investors dumped US…
US President Donald Trump during a meeting with Lee Jae Myung, South Korea’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 25, 2025. Al Drago | Bloomberg | Getty Images U.S. President Donald Trump on Monday stateside warned of steeper tariffs on China if exports…
Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025. Natalie Behring | Getty Images News | Getty Images Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases — by keeping interest rates high…
Nobody told Tom Rairdon how dull retirement would be. After working in the radio industry for more than three decades, the 75-year-old officially left the workforce more than two decades ago, flush with savings and ready to enjoy the “country club life,” he told Business Insider in an interview. Post-work life, mostly filled by rounds…
Stock mostly fell Thursday ahead of a widely awaited speech on US interest rate policy, though a deal on American tariffs for a swathe of EU goods gave a late-session boost to European markets. The agreement, struck as part of President Donald Trump’s tariffs blitz, will see most EU exports face 15-percent levies but ended…