Trump and Carney speak ahead of US tariff deadline
The new US tariffs would cover about $20bn worth of imports and could lead to job losses and business closures.
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EXPLAINER
Why the Trump administration is helping support Japan’s weakening yen
Washington and Tokyo’s rare coordinated intervention aims to avoid spillover to global financial system.
US stock market hits record high amid hopes for Strait of Hormuz reopening
Oil prices fall as US officials tout progress in talks to reopen critical waterway.
Elon Musk’s SpaceX reports losses but less than expected
Revenue was up more than 90 percent from the same period a year ago, beating analyst expectations.
US stocks near record high, oil falls as Trump claims Iran talks under way
Benchmark S&P 500 approaches all-time peak as Washington, Tehran offer conflicting accounts of status of talks.
Petrol prices strain US households as oil giants Chevron, Exxon profits soar
Low-income US households are hit hardest, spending more than 10 percent of monthly income on petrol as prices rise.
Pentagon boosts Patriot, THAAD interceptor output amid stockpile strain
Defence giants Lockheed and Northrop see billion-dollar deals as Pentagon accelerates missile arsenal production
From: NewsFeed
‘US backs off from Iran before markets open on weekdays’
‘US backs off from Iran before markets open on weekdays’
Published On 3 Aug 2026
Japan and US confirm rare joint intervention to prop up yen
US President Donald Trump says helping to bolster the Japanese currency is a sign of friendship.
![Japan's Finance Minister Satsuki Katayama speaks to the media about the US-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo. [Issei Kato/Reuters]](/wp-content/uploads/2026/08/2026-08-02T233755Z_609247456_RC2NQMATKU91_RTRMADP_3_JAPAN-YEN-1785717755.jpg?resize=770%2C513&quality=80)
New York sues Kalshi, says its prediction markets are ‘illegal gambling’
New York is one of many states with cases against Kalshi and others in dispute with Trump gov’t on who gets to regulate.
US GDP growth dips as inflation and trade deficits pressure economy
GDP grew by 1.5 percent in the second quarter following a 2.1 percent increase in the first quarter.
