AbbVie Plans Faster U.S. Facility Construction Due to New Tariff Policies In response to the U.S. government’s 100% tariff on branded drugs imposed last October, AbbVie announced plans to expand its U.S. manufacturing operations. The tariffs only affect companies that had not yet begun construction on domestic facilities, giving AbbVie an incentive to accelerate its […]
Impact of Supreme Court Ruling on U.S. Stocks and Market Indices U.S. stocks moved lower on Monday following a ruling by the Supreme Court of the United States that struck down President Donald Trump’s emergency tariff measures. By late morning trading, the S&P 500 had fallen 1.2% to 6,828.43, the NASDAQ Composite dropped 1.3% to […]
Donald Trump Criticizes Supreme Court Over Expanded Presidential Powers Donald Trump sharply criticized the Supreme Court of the United States, arguing that its recent decision unintentionally expanded presidential authority beyond what existed before. He described the ruling as misguided and damaging to the country’s global standing. Expanded Executive Authority According to Trump, the decision grants […]
President Tokayev Meets U.S. Business Leaders to Boost Investment During his visit to the United States, President Kassym Jomart Tokayev met with senior executives from major American corporations and international financial institutions in Washington on Feb. 20. The discussions focused on attracting investment, advancing infrastructure projects, and strengthening long-term strategic partnerships. Talks With US Development […]
US Stock Markets Rally Following Supreme Court Tariff Decision US stock markets surged on Friday after the Supreme Court ruled that President Trump’s broad “Liberation Day” tariffs were unlawful. The court concluded that Trump exceeded his authority by using emergency powers to impose these tariffs, reversing key trade measures against several countries. Major Indexes Post […]
US Goods Trade Deficit Hits Record $1.24 Trillion in 2025 The United States recorded a historic high goods trade deficit in 2025, according to data released by the Commerce Department. The shortfall in goods totaled $1.24 trillion for the year, slightly higher than the level reported in 2024. Overall Trade Gap Narrows Slightly When combining […]
Gold Prices Rise Amid Increasing US-Iran Tensions Gold prices moved higher on Thursday, building on a gain of more than 2 percent in the previous session. The advance has been fueled by rising tensions between the United States and Iran, prompting investors to seek safety in traditional safe-haven assets such as gold. Spot and Futures Prices […]
December Sees Higher Than Expected Rise in US Core Capital Goods Orders New orders for key US-manufactured capital goods rose more than anticipated in December, signaling firm business investment at the end of the year. Core capital goods orders increased 0.6 percent, following an upwardly revised 0.8 percent gain in November. Economists had expected a […]
Oil Prices Edge Up Amid US-Iran Nuclear Talks and Supply Concerns Oil prices moved slightly higher on Wednesday, though the advance remained limited as traders balanced cautious optimism over US-Iran nuclear discussions with ongoing supply concerns. Brent crude rose 0.2 percent to $67.09 per barrel, while West Texas Intermediate gained 0.2 percent to $62.32 per […]
Dow, S&P 500, and Nasdaq Fall on Persistent AI-Related Market Worries This is not the first time AI driven uncertainty has unsettled markets. In our earlier report, Nasdaq, S&P 500 Slide as Tech Earnings Flood Market Amid Shutdown Uncertainty, we highlighted how tech heavy indexes struggled under valuation pressure and macro concerns. Today’s weakness shows […]