Economy

US stocks close in green as commerce chief says trade deal reached
Nasdaq rises 0.55%, S&P 500 up 0.58%, Dow jumps 0.75%, while 'fear index' falls 3.9%
US stocks close in green as commerce chief says trade deal reached
Nasdaq rises 0.55%, S&P 500 up 0.58%, Dow jumps 0.75%, while 'fear index' falls 3.9%

Poor getting poorer in Germany, report shows
Rising inflation hits vulnerable populations hardest as poverty rate climbs to affect one in six Germans, according to German Parity Welfare Association

US trade deficit hits record $162B in March, amid tariff worries
Deficit shoots up 9.6%, more than expectations

Trump's first 100 days of his 2nd term reshape global trade landscape
US president’s aggressive tariffs on China and major trade partners fuel uncertainty, trigger warnings of recession risks

Volvo seeks cost reductions against US tariffs
Automotive industry in middle of very difficult period with challenges not seen before, Volvo CEO says

Adidas warns US tariffs will raise product costs
Company says lack of domestic production makes it vulnerable to rising import duties