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Gold News: US Tariff Threats and Weaker Dollar Fuel Safe-Haven Demand – FX Empire

Daily US Dollar Index (DXY)The weaker US dollar supports gold as the Dollar Index has dropped by 0.6% from its recent two-week high. This decline makes gold more attractive to foreign buyers and strengthens the safe haven demand. Investor sentiment is also driven by an escalating trade tension. President Trump threatened a 10% tariff on […]

New bill would target cyber threats to America’s food systems

First on FOX: The bipartisan duo are looking to tag team cyber risks in American grocery and debut new laws to increase analysis and threat detection on critical farms and food infrastructure. Tom Cotton sees, R-Ark. and Elissa Slotkin, D-Mich. worked together to implement farm and food cybersecurity laws designed to enhance protection across the […]

Eli Lilly Announces Plan To Invest $27 Billion In America Amid Trump Tariff Threats

Eli Lily announced Wednesday that it plans to more than double US manufacturing investment this year to $50 billion as President Trump threatens to threaten tariffs on drug imports. The drug giant will begin construction of four domestic manufacturing sites in 2025, adding 13,000 high-wage manufacturing and construction jobs. press release. The company claimed the […]

Small businesses seeing revenues rise, but tariff threats loom: BofA

Yardeni's research president Ed Yardeni analyzes new economic data amid the weakness of the market to make money. A new analysis by the Bank of America Institute shows that small businesses appear to be gaining financial momentum, but tariff-related policy changes could drive inflation and thereby It will be a new challenge to profitability. The […]

Canadians cancelling US travel en masse in face of tariff threats

The next front in Canada's trade war against the US is played out at airports, gas stations and gift shops as Canadians cancel a massive amount of American holidays. Both aviation and land travel have been affected as neighbors in the Northern US protest the impact of tariffs on the country's economy. The American Travel […]