Global Markets Rise on Potential Tariffs Deal
Stock markets rebounded after U.S. Commerce Secretary Howard Lutnick dangled a plan to reduce tariffs on Canada and Mexico, but the dollar continued to sell off.
U.K. New Car Sales Fell in February for Fifth Consecutive Month
A total of 84,054 cars were registered in February compared with 84,886 in the same month last year, the Society of Motor Manufacturers and Traders said.
China Sets 2025 Growth Target at About 5% Despite Looming Trade Tensions
China has set an economic growth target of around 5% for 2025, unchanged from last year, despite mounting challenges from trade tensions, weak domestic demand and a prolonged property downturn.
Trump Turns Up the Heat. China Says Bring It On.
Beijing is doubling down on self-reliance and vowing to grow its economy and military.
The Two-Headed Monster Stalking the Economy Has a Name: Stagflation
Tariffs have stoked fears of a dreary combination of weak growth and inflation.
The Day Trump's Tariff Threats Became a Reality for America Inc.
Executives in construction, retail, agriculture and autos are saying new tariffs could prove expensive for Americans; "a gut punch."
Trump's 'Swift and Unrelenting Action' Tests Appetite for Upheaval
In his prime-time address, the president celebrated his sweeping moves but glossed over the economic obstacles facing his presidency.
Private Credit Eases Off Mega Loan Deals as Banks Regain Ground
From Blackstone to Blue Owl, private credit firms are dipping into smaller deals as banks reclaim some market share in jumbo corporate loans.
Australia's Economy Gathers Momentum as Fresh Storms Brew
The economy grew 0.6% sequentially in the December quarter, and by 1.3% from a year earlier, the Australian Bureau of Statistics said Wednesday.
RBNZ Gov. Orr Resigns
The Governor of the Reserve Bank of New Zealand, Adrian Orr, announced his resignation ending a volatile seven-year term as the head of the central bank.
(END) Dow Jones Newswires
March 05, 2025 07:00 ET (12:00 GMT)
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