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President Donald Trump and Elon Musk attend a press conference in the Oval Office of the White House in Washington, D.C., May 30, 2025. REUTERS WASHINGTON (Reuters) — President Donald Trump on Tuesday suggested the government efficiency department should review the subsidies to Tesla CEO Elon Musk&…

President Donald Trump and Canadian Prime Minister Mark Carney attend a meeting with G7 leaders and guests, at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. REUTERS OTTAWA (Reuters) — Canada scrapped its digital services tax targeting U.S. technology firms late on Sunday, just hours …

A trader works on the floor at the New York Stock Exchange in New York City, June 27, 2025. REUTERS (Reuters) — As Wall Street puts April’s tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of President Donald Trump’s rapid-fire, sometimes chaoti…

U.S. dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS LONDON (Reuters) — A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank independence, waste no time in pushing the greenback back to its lowest levels in …

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS LONDON (Reuters) — Oil prices recovered a little on Wednesday after sliding earlier this week, as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from data …

A trader works on the floor at the New York Stock Exchange in New York City,  June 23, 2025. REUTERS (Reuters) — U.S. stock index futures rose on Tuesday as President Donald Trump announced a ceasefire between Israel and Iran, bringing investors some relief after 12 days of conflict in the Middle E…

A woman holding a parasol walks past a stock quotation board outside a brokerage in Tokyo, June 30, 2015. REUTERS SYDNEY (Reuters) — Major share indexes slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against U.S. at…

A Fox News ticker displays a headline about U.S. strikes on Iran’s nuclear facilities, in New York City, June 21, 2025. REUTERS NEW YORK (Reuters) — A U.S. attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and trig…

An eagle tops the  Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS WASHINGTON (Reuters) — The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell c…

A general view of the U.S. Capitol in Washington, D.C., Nov. 23, 2024. REUTERS (Reuters) — The U.S. Senate on Tuesday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, in a watershed moment for the digital asset industry. The bill, dub…