Tag: Economy
Marc Rowan: Potential Treasury Secretary under Donald Trump
Marc Rowan is being considered as a potential Treasury Secretary under the Donald Trump administration. Rowan, a prominent figure in the financial world, has a strong background in finance and investment. If appointed, he...
Pakistan’s Fiscal Year 2022: No Further Tax Increases Planned
Pakistan's government has announced that there will be no additional taxes imposed in the current fiscal year. The Finance Minister, Muhammad Aurangzeb, expressed confidence in meeting the tax revenue target of 13 trillion rupees...
Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...
US Bank Trading Assets Surpass $1 Trillion Milestone
US Bank recently announced that its trading assets have surpassed the $1 trillion milestone. This achievement highlights the bank's strong performance in the financial markets and its ability to generate significant returns for its...
October Inflation Shows Slight Increase Amid Long-Term Downward Trend
The latest inflation report released by Statistics Canada for the month of October is expected to show a slight increase, according to economists. Despite this uptick, experts believe that overall, inflation is on a...
European Stocks Fall Behind US Market Due to ‘Trump Trade’ Dominance
European stocks have been struggling to keep up with the US market, with many attributing this lag to the dominance of the "Trump Trade." The US market has been experiencing a boost since the...
Final Push: Bessent and Lutnick vying for Trump Treasury Secretary
As the race for President-elect Donald Trump's next Treasury secretary heats up, billionaires Elon Musk and Kyle Bass have voiced their support for their respective candidates, Howard Lutnick and Scott Bessent. The infighting between...