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Trump tariff threat pushes oil to five-month low

Brent and US crude futures fell more than US$2 a barrel, or more than 3 per cent, on Friday (Oct 10) as US President Donald Trump’s threat to impose increased tariffs on China cast a…

Trump’s Fed appointee pushes for steeper rate cuts

President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate should be much lower than its current 4.1% level,…