U.S. Treasury Secretary Scott Bessent addressed growing concerns over the upcoming August 12 deadline related to the ongoing trade war between the U.S. and China. In recent statements, Bessent emphasized that negotiations are progressing and that there is no need …
Global banks—including major players like JPMorgan, Bank of America, and Citigroup—are expected to benefit from a 10% increase in trading revenue, driven by heightened market volatility caused by new tariffs between the U.S. and other major economies. Price fluctuations in …