Category: Economics
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USA & China Reach Trade Agreement
The United States and China have reached a significant new agreement designed to expedite shipments of critical rare earth minerals to the U.S., a White House official confirmed on Thursday. This development comes after months of strained trade relations and heightened geopolitical tensions, exacerbated by China’s decision earlier this year to halt exports of these…
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Market Tumbles as Nasdaq Leads Decline, Nvidia Sell-Off Sparks Tech Rout
U.S. stocks kicked off September on a sour note Tuesday, with the Nasdaq Composite leading a sharp market decline as a massive sell-off in Nvidia shares sparked a broader rout in technology stocks. The Nasdaq plummeted 3.3%, while the small-cap Russell 2000 slid 3.2%. The S&P 500 fell 2.1% and the Dow Jones Industrial Average…