• Mar 06, 2025

IMF says US tariffs will hurt Mexican, Canadian economies

WASHINGTON (Reuters) -If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on those countries, the International Monetary Fund said on Thursday, citing the strong integration of both countries with the U.S. economy. IMF spokesperson Julie Kozack said the U.S. tariffs on Mexico and Canada and new duties on China, along with countermeasures announced by China and Canada, and potentially Mexico, amounted to significant new developments.

  • Mar 06, 2025

Plunge in 2026 Oil Prices Offers Hope to Beleaguered Bulls

(Bloomberg) -- Oil prices for next year have fallen alongside nearby futures markets, a move that runs the risk of menacing supply growth.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowWhile US crude slipped toward $65 a barrel

  • Mar 06, 2025

Trump's erratic trade policies are baffling businesses, threatening investment and economic growth

Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. There’s a reason for his caution: President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China. Two days after imposing 25% taxes — tariffs — on all imports from Canada and Mexico and threatening to detonate more than $1.3 billion in annual U.S. trade in North America, Trump announced that he was suspending many of the levies on Mexico and some of them on Canada for a month.

  • Mar 06, 2025

Should You Forget About Bitcoin and Buy Litecoin Now?

You might be surprised to find out that, through the first two months of 2025, one of the best-performing major cryptocurrencies was Litecoin (CRYPTO: LTC). If you're only focused on recent results, you might conclude that now is the time to forget about Bitcoin and buy Litecoin. The primary reason why Litecoin pushed higher in January and February was due to growing anticipation over a potential spot ETF launch in 2025.