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Economy

Economy World

German inflation confirmed at 2.3% in March

BERLIN – German inflation eased to 2.3% in March, the federal statistics office said on Friday, confirming preliminary data. German consumer prices, harmonised to compare with other European Union countries, had risen by 2.6% year-on-year in February.

Economy World

European shares surge after Trump’s tariff pause

European shares surged on Thursday after U.S. President Donald Trump announced an immediate 90-day pause on tariffs for many trading partners, prompting a massive relief rally following a days-long market rout. The suspension of punishing tariffs on dozens of countries…

Economy

Wall Street slides as tariff risks send investors fleeing

NEW YORK -Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump’s multi-front tariff war. All three major U.S. stock indexes fell sharply, forfeiting much of the previous session’s gains as growing…

Economy U.S. World

China, EU retaliate as Trump trade tariffs kick in

BEIJING/BRUSSELS/WASHINGTON -China and the European Union announced new trade barriers on U.S. goods on Wednesday in response to steep duties imposed by U.S. President Donald Trump, escalating a global trade war that has hammered markets and raised the likelihood of…