The U.S. government's borrowing costs have hit the 5% mark for the first time since 2023, driven by an intense sell-off in global bond markets amid rising oil prices and increasing inflation concerns. On Monday, the yield on the benchmark 10-year U.S. Treasury bond reached this psychologically crucial level. Earlier in the year, yields had dipped to around 4% but have been on an...
South Africa has secured continued preferential access to the U.S. market as President Donald Trump signed into law the extension of the African Growth and Opportunity Act (AGOA) until December 31, 2028. This development alleviates months of uncertainty for exporters across sub-Saharan Africa regarding the future of this significant trade program. The legislation passed through Congress without major policy alterations, providing a sigh of...
South Korea and the United States are in talks to boost semiconductor investments within U.S. borders, as part of wider bilateral negotiations. These discussions...
In a notable shift in foreign policy, Canadian Prime Minister Mark Carney has outlined a new direction for Canada's relationship with the United States...
The U.S. federal budget deficit is projected to escalate to approximately $2.1 trillion by the fiscal year 2026 as government expenditures continue to outpace...
The U.S. government has issued refunds totaling approximately $100 billion for tariffs that were initially collected under the trade measures of former President Donald...
In 2025, President Donald Trump's financial disclosure revealed over $1 billion in earnings from his ventures in the cryptocurrency sector, showcasing a significant rise...
President Donald Trump has issued a stark warning to European nations contemplating the implementation of digital services taxes. He has threatened to levy a...
