Economy

The company said it remains ‘bullish’ on the fundamentals of home improvement.

‘We are closely monitoring changes in the macroeconomic environment,” the buy now, pay later firm said.

The RBA Board said inflation had ‘fallen substantially’ from its 2022 peak, with higher interest rates helping bring demand and supply into better alignment.

The department says increased LNG exports benefit economy, allies, and national security.

Victoria’s state budget will record the first operating surplus since COVID-19, but net debt remains a burden that Victorians will be paying for years to come.

Leaders praised the summit as a fresh start, but key agreements remain non-binding, and critics warn the UK is edging closer to EU rules without a say.

Treasury Secretary Scott Bessent said that those who fail to negotiate in good faith will receive a letter notifying them of the tariff they will face.

‘I think we’ll have a great conversation, and hopefully it will be the beginning of some long-term trade negotiations,' U.S. Vice President JD Vance said.

The duties on a type of engineering plastic include 74.9 percent on U.S. imports and 34.5 percent on European Union imports, among others.

The Trump administration has imposed, paused, or floated tariffs on various countries and products. Keep track of them here.

The UK overtook China as the United States’ second-biggest foreign creditor.

A temporary U.S.–China trade truce and a series of U.S.–Middle East deals eased stagnation fears and drew bulls into the market.

The president says the retail giant should absorb costs after executives said the administration’s tariff policies will drive up consumer prices.

One expert cited ‘The Art of War’ to warn that Beijing will seek to slow-walk negotiations to gain an advantage.

In its downgrade decision, Moody’s cites mounting debt and skepticism over deficit reduction.

The report shows that households earning $75,000 annually are unable to afford 75 percent of homes currently listed.

The latest University of Michigan Consumer Sentiment Index was conducted mostly before the U.S.–China tariff pause.

Indian External Affairs Minister S. Jaishankar said any trade agreement with the United States must be ‘mutually beneficial.’

An analyst said Walmart appears more inclined to raise prices on general merchandise, while choosing to absorb more of the cost increases in groceries.

‘If you are in the stagflation camp, these data aren’t confirming your thesis,’ one market expert said.