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U.S. Treasury Dealers Urge Scrapping Of Federal Debt Ceiling
The U.S. Treasury’s primary dealers have urged lawmakers to eliminate the federal debt ceiling, arguing that it raises debt service costs, fuels market volatility, and could undermine the dollar’s role as the world’s reserve currency.

By The Financial District
6 days ago1 min read


Trump Tariffs To Hit U.S. Farming, Mining, And Manufacturing Sectors
President Donald J. Trump's new tariffs could generate trillions of dollars in new federal government revenue over a decade.

By The Financial District
6 days ago1 min read


Buffett Criticizes Trump’s Tariffs, Warns Against Using Trade As A Weapon
Billionaire investor Warren Buffett criticized President Donald Trump’s trade policies on Saturday, warning that the United States should not use “trade as a weapon” against other nations.

By The Financial District
7 days ago1 min read


U.S. Faces Potential Billions In Economic Loss As Travel Demand Weakens
Weakening demand for travel could cost the U.S. economy tens of billions of dollars this year, as concerns over the Trump administration’s trade policies weigh heavily on consumer and investor sentiment.

By The Financial District
May 51 min read


Hong Kong Intervenes To Curb Currency Surge, First In Four Years
The Hong Kong Monetary Authority (HKMA) sold HK$46.54 billion (approximately $6 billion) into the market to curb the local currency's appreciation.

By The Financial District
May 51 min read


OPEC+ Approves Another Accelerated Oil Output Hike For June
OPEC+ has agreed to increase oil production for a second consecutive month, raising output by 411,000 barrels per day in June.

By The Financial District
May 51 min read


U.S. Ups Support For Luzon Economic Corridor With $3.8-M Grant
The United States has reaffirmed its commitment to Philippine infrastructure development by expanding funding for the Luzon Economic Corridor (LEC).

By The Financial District
May 52 min read


Bessent Claims China Could Lose 10 Million Jobs "Very Quickly" If Tariffs Remain
U.S. Treasury Secretary Scott Bessent said that China could lose up to 10 million jobs “very quickly” if it fails to reduce tariffs amid escalating trade tensions.

By The Financial District
May 51 min read


China's Factory Activity Slows As U.S. Tariffs Hit Export Orders
China's factory activity slowed at the beginning of the second quarter, dragged down by a sharp decline in new export orders and renewed job losses.

By The Financial District
May 51 min read


Trump Blames Biden For Negative Economic Reports
The GDP report released by the Trump administration today showed a -0.3% contraction in the first quarter, triggering a drop in US futures.

By The Financial District
May 51 min read


Major U.S. Companies Agonize Over Tariff Fallout
Executives at some of America’s largest corporations are sounding the alarm about how President Donald Trump’s tariffs are affecting their business.

By The Financial District
May 51 min read


US Economy Contracts In Q1, First In 3 Years
The US economy contracted for the first time in three years during the first quarter, overwhelmed by a flood of imports as businesses rushed to avoid higher costs from tariffs.

By The Financial District
May 51 min read


PSE Index Pierces Resistance Level
The Philippine Stock Exchange (PSE) index pierced its resistance level today, rising to a new milestone of 6,411.86 points—up by 56.87 points or 0.89 percent—marking a key psychological leg for the market.

By The Financial District
May 22 min read


U.S. Consumer Confidence Hits Rock Bottom Over Tariff Fears
Consumer confidence in the U.S. has plunged to its lowest level since the early days of the COVID-19 pandemic, as fears mount over the economic fallout from President Donald Trump’s sweeping tariffs.

By The Financial District
May 21 min read


Recession Prediction Becoming A Self-Fulfilling Prophecy: Bloomberg
The International Monetary Fund (IMF) puts the odds of a U.S. recession this year at 40%.

By The Financial District
May 21 min read


U.S. Stock Index Futures Bounce As Microsoft, Meta Stocks Rise
U.S. stock index futures jumped as shares of Microsoft and Meta Platforms surged following strong quarterly results.

By The Financial District
May 21 min read


Trump Pushing U.S. Dollar To The Precipice: Indianapolis Star
The United States may be on the verge of an economic crisis that could leave the country poorer for generations.

By The Financial District
May 22 min read


From NEDA To DEPDev: Strengthening PH Economic Governance
The Philippines has ushered in a new chapter in development planning with the transformation of the National Economic and Development Authority (NEDA) into the Department of Economy, Planning, and Development (DEPDev).

By The Financial District
May 13 min read


ECB Nears Victory In Campaign To Tame Inflation
While the United States grapples with the threat of surging inflation, the European Central Bank is closing in on its goal of restoring inflation to 2%.

By The Financial District
May 11 min read


PSE Index Closes Month Surging On Foreign Buying
The Philippine Stock Exchange (PSE) surged to a new milestone, soaring to 6,354.99 points—up by 102.80 points or 1.64 percent—on strong foreign buying.

By The Financial District
May 12 min read


Tariffs To Hike U.S. Drug Costs By $51-B Annually, Report Finds
A proposed 25% tariff on pharmaceutical imports could raise U.S. drug costs by nearly $51 billion annually, boosting prices by up to 12.9% if fully passed on to consumers.

By The Financial District
Apr 301 min read


Japan To Resist Trump Efforts To Form Trade Bloc Against China
Japan plans to push back against any U.S. attempt to pull it into an economic bloc aimed at countering China, citing the importance of its trade ties with Beijing.

By The Financial District
Apr 291 min read


World Breathes Sigh Of Relief As Trump Spares Fed, IMF
Global policymakers breathed a collective sigh of relief in Washington this week, reassured that the U.S.-centric economic order was not unraveling despite President Donald Trump’s nationalist approach.

By The Financial District
Apr 291 min read


PSE Index Rises Slightly
The Philippine Stock Exchange (PSE) index posted a modest gain of 2.69 points or 0.04 percent today, closing at 6,252.19.

By The Financial District
Apr 291 min read
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