Biden administration posts last-minute rule to curb low-value shipments
WASHINGTON (Reuters) – The Biden administration on Friday issued last-minute proposed rules to curb duty-free imports under the $800 “de minimis” threshold, denying the low-value shipments exemption for goods that are subject to other punitive U.S. tariffs. The move marks a
Macquarie flags 3 potential market-moving themes for Trump’s inaugural address
Investing.com — President-elect Donald Trump is unlikely to provide detailed clues on his policy agenda at his inauguration on Monday, but Macquarie outlines three topics that could potentially be discussed during Trump’s speech that would likely be market moving. “Attention will turn
Brazil’s Haddad says high interest rates will curb inflation
By Marcela Ayres BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation than many expect, dismissing fears that fiscal challenges could undermine the effectiveness of
Vanguard to pay $106.4 million to settle US SEC charges, regulator says
(Reuters) – The Vanguard Group has agreed to pay $106.4 million to settle U.S. Securities and Exchange Commission (SEC) charges over misleading statements related to capital gains distributions and tax consequences for retail investors, the regulator said on Friday. The SEC
Carmakers at India auto show unveil charging network plans, new EVs
By Aditi Shah and Nandan Mandayam NEW DELHI (Reuters) -Hyundai , Maruti Suzuki and Tata Motors (NYSE:TTM) used the India auto show to unveil ambitious plans to expand their electric vehicle charging network to address the issues that are