China embraces American fast food during London trade discussions
At the conclusion of the second day of US-China trade talks in London, the Chinese negotiators threw in the towel. Sources indicated that the Chinese delegation, feeling a bit peckish, opted for takeout from McDonald’s, Burger King, and KFC, placing their order around 7:30 PM local time. In contrast, the US team—comprised of Treasury Secretary […]
World Bank supports Trump’s trade concerns and calls for countries to reduce tariffs on the US.
World Bank Supports Trump’s Claims on Unfair Trade Practices On Tuesday, the World Bank acknowledged President Trump’s concerns over unfair trade practices by foreign countries towards the United States, suggesting that it would be beneficial for the U.S. to reduce tariffs on its exports. Top economists from various international organizations expressed support for funding initiatives […]
U.S.-China Trade Discussions Continue for a Second Night
LONDON – US-China Negotiations Continue As the discussions between the US and China extend into their second night in London, US officials provide updates on the situation. Trade talks are set to kick off on Monday and are expected to wrap up by Tuesday morning, ensuring Treasury Secretary Scott Bescent has enough time to head […]
Stocks rise as investors look for updates on U.S.-China trade negotiations.
Stocks Maintain High Levels Amid Trade Talks On June 4, 2025, traders were active on the New York Stock Exchange. Stocks maintained their elevated positions on Tuesday, as investors looked for more clarity on the ongoing trade discussions between the U.S. and China. The Dow Jones Industrial Average increased by 51 points, or about 0.1%. […]
World Bank lowers growth predictions due to trade worries
The World Bank announced on Tuesday that it has adjusted its growth projections for both the global and US economies this year, attributing the shift to disruptions in global trade exacerbated by the trade war initiated by President Trump. The forecast for global growth in 2025 has dropped to 2.3%, down from last year’s estimate […]
Pastor Corey Brooks: My goal to teach trade skills goes beyond constructing buildings
Building Hope on the South Side of Chicago A few weeks back, a young man I’ll call James approached me, saying, “You know, pastor, I’ve never built anything before.” I was taken aback. “I’m serious,” he insisted. “Everyone’s just glued to their phones or TVs, or they’re just hanging out.” Despite his lack of experience, […]
Forex Today: US Dollar remains stable, US-China trade discussions are set to proceed
Here’s what’s on the agenda for Tuesday, June 10th: US Dollar (USD) The dollar seems to be holding steady among colleagues during the European trading session. Investors are being a bit cautious, waiting for results from the US-China trade discussions. The only notable data on the US Economic Calendar today is the May NFIB Optimism […]
Bitcoin Surpasses $110,000, While Ethereum and Dogecoin Rise Due to Positive US-China Trade Outlook: Analyst Observes ETH Preparing for Significant Breakthrough
On Monday, major cryptocurrencies saw a significant uptick as surprising trade discussions between U.S. and Chinese officials fueled investor optimism. Cryptocurrency Gain +/- Price (recorded at 8:45pm ET) Bitcoin +4.17% $110,093.96 Ethereum +8.15% $2,704.22 Dogecoin +5.66% $0.1946 Recent Developments: Bitcoin managed to surge past $110,000 after a two-week lull. Ethereum experienced a notable jump, climbing […]
Gold Price Outlook: XAU/USD sees slight increases above $3,300 as traders anticipate US-China trade discussions
In the early Asian session on Tuesday, gold is expected to trade around $3,325, showing some mild gains. Tuesday marks a meeting in London between US and China trade officials. For the seventh month in a row, China’s central bank has increased its gold reserves as of May. The gold price (XAU/USD) received a boost […]
Kirk Cousins likely to attend Falcons minicamp amid trade speculation
Kirk Cousins is still with the Falcons, and it seems like he’s planning to show up for work. Atlanta expects him to be present for the mandatory three-day minicamp starting Tuesday, as reported by Dianna Russini from Athletic. Although the veteran quarterback is just one year into a four-year, $180 million deal signed in 2024, […]