Reuters US Economy

By Promit Mukherjee OTTAWA (Reuters) -Canada’s economy grew faster than expected in the first quarter, data showed on Friday, primarily driven by exports as companies in the United States rushed to stockpile Canadian goods before President Donald Trump’s tariffs were implemented. But an increase in imports that led to inventory build-up, lower household spending and …

Canada first-quarter GDP expands by 2.2% annualized rate, beating estimates Read More »

By Canan Sevgili and Nevzat Devranoglu ANKARA (Reuters) -Turkey’s economy grew 2% in the first quarter of the year, official data showed on Friday, falling short of expectations amid a tight domestic monetary policy and domestic market turmoil prompted by the arrest of Istanbul’s mayor. First-quarter gross domestic product (GDP) grew 1.0% from the previous …

Turkey’s economy grew 2.0% in first quarter, below forecasts Read More »

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended higher on Thursday as shares of Nvidia gained after its quarterly results, while investors digested a late-afternoon court ruling that reinstated the most sweeping of President Donald Trump’s tariffs. The appeals court ruling came a day after a trade court had ordered an immediate block on …

Wall Street ends up with Nvidia, appeals court reinstates Trump tariffs Read More »

By Stephen Culp, Rocky Swift and Ankur Banerjee NEW YORK (Reuters) -A U.S. appeals court reinstated President Donald Trump’s sweeping tariffs on Thursday, leaving Wall Street with no clear direction a day after most of the tariffs were blocked by a trade court, a move that had given markets a brief boost.  Chaotic U.S. trade …

US appeals court reinstates Trump tariffs, sowing market confusion Read More »

By Nikhil Sharma, Purvi Agarwal and Ragini Mathur (Reuters) -European shares eased on Thursday as initial relief that a U.S. trade court had blocked some of President Donald Trump’s tariffs fizzled out. The continent-wide STOXX 600 index closed 0.2% lower. The Court of International Trade ruled that Trump overstepped his authority by imposing across-the-board duties …

European shares ease as trade uncertainty lingers after court blocks Trump’s tariffs Read More »

By Natalia Siniawski MEXICO CITY (Reuters) -All of the Bank of Mexico’s five governing board members agreed in the monetary authority’s most recent rate decision that the period had been marked by high uncertainty due to trade policy announcements worldwide, minutes published on Thursday showed. “Some activity indicators surprised to the downside partly due to …

Bank of Mexico’s rate decision marked by trade policy pressures, minutes show Read More »