Tag: Economic policy
Best Buy reports another quarterly sales decline amid pull back on gadget spending
NEW YORK -- Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their...
Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?
WASHINGTON -- President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on...
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
NICOSIA, Cyprus -- Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will...
What to know about Scott Bessent, Trump's pick for treasury secretary
WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve...
Trump's treasury pick could give an indication of what he plans to do about tariffs
WASHINGTON -- President-elect Donald Trump’s decision on a treasury secretary is about far more than whose name will be printed on America’s money....
IMF, Pakistan wrap up unscheduled talks on $7 billion bailout
WASHINGTON (Reuters) - The International Monetary Fund (IMF) said on Friday it held constructive talks with authorities in Pakistan on economic policy and...