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Norway to raise 2025 wealth fund spending to $52 bln
Category: Business News
OSLO, May 15 (Reuters) – Norway’s Labour Party government plans to spend more than originally planned from the country’s sovereign wealth fund in 2025 to pay for increased support to Ukraine and other priorities, it said in a proposal to parliament on Thursday. Cash spending from the $1.8 trillion sovereign wealth fund is now expected […]
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White House dismisses Chamber push for small businesses tariff relief
Category: Business News
WASHINGTON, May 1 (Reuters) – The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is seeking to extend. The U.S. Chamber of Commerce, in a letter to U.S. President Donald Trump’s administration, asked […]
Source: Reuters
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U.S. Chamber to Administration: Small Businesses Need Immediate Relief from Tariffs
Category: Business News
WASHINGTON, D.C. — The U.S. Chamber sent a letter asking the administration to address the impacts of tariffs by granting automatic exclusions for any small business importer, establishing a process for companies to apply for an exclusion if the company can demonstrate that tariffs pose a risk to employment for American workers, and providing exclusions […]
Source: U.S. Chamber of Commerce
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U.S. Chamber of Commerce: 2025 Economic Preview: A Year of Productivity-Driven Growth
Category: Business News
Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024, which means a growth rate above 3% with the gains being broadly enjoyed. This will contribute to more opportunities for workers and businesses to reach their American Dream. Read full article HERE.
Source: U.S. Chamber of Commerce
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Norway keeps interest rate on hold, eyes September cut
Category: Business News
OSLO, March 21 (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts, and signalled it plans a single cut to the cost of borrowing this year, fewer than anticipated by most economists. “The rate path we’re presenting today indicates… […]
Source: Reuters
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