archivetrade talks

Canada has scrapped its planned digital services tax on US tech firms late on Sunday, just hours before it was due to come into effect. The move aims to revive stalled trade talks with the US, which President Trump suddenly halted on Friday over the tax, calling it a "blatant attack" on American tech companies. US stock futures rose as investors welcomed the news. Benchmark stock indexes in Tokyo and Shanghai also moved higher amid optimism that the US and its top trading partners can hammer out trade deals. Prime...

Casey's (CASY) stock hit an all-time high on Tuesday after the company beat on both the top and bottom lines in its fiscal fourth quarter. Adjusted earnings grew 12.4% from a year ago to $2.63, alongside net sales growth of 11% to $3.99 billion. Same-store sales grew 1.7%, driven by its prepared food business, non-alcoholic beverages, and general merchandise. CEO Darren Rebelez told Yahoo Finance the pizza and convenience store chain is seeing growth across all income cohorts and has executed against three drivers: store growth, and efficiency, and its...

New data from the New York Fed suggests Americans are gaining confidence in the labor market, even as broad uncertainty around trade policy, interest rates, and other unknowns clouds the economic outlook. According to the New York Fed’s May 2025 Survey of Consumer Expectations, the perceived chance that the US unemployment rate will rise over the next year fell by 3.3 percentage points to 40.8%. It’s a notable drop as the labor force remains mostly stable. But the figure still sits above the 12-month average of 37.7%, suggesting caution hasn’t...

* MSCI's gauge of Asian emerging market equities down 0.2% * Trump, Xi agree to further trade talks * U.S. jobs, non-farm payrolls data due Friday By Roshan Thomas June 6 (Reuters) - Asian currencies were steady on Friday but on track for weekly gains, while regional stock markets edged lower after U.S. President Donald Trump and Chinese leader Xi Jinping agreed to further trade talks in a telephone call. MSCI's index of emerging market currencies was flat after touching an all-time high on Thursday. For the week, the index...