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TRUMP TARIFF RECESSION
US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertaintyJobless claims saw a dip last week, indicating continued low layoffs. However, the economy faces significant challenges. The Iran war has d...
Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
US stocks today: US stocks extend rally as Nvidia gains; US-China talks, data in focusWall Street hit fresh intraday highs led by Nvidia’s AI-driven surge and Cisco’s upbeat outlook. Strong retail sales and stable jobless cla...
US-China talks in Beijing expose fragile balance of global powerA pivotal summit between the US and China kicks off in Beijing today. President Donald Trump's impulsive style is set to clash with Preside...
US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
US jobless aid filings fall to 189,000 despite economic headwinds and war in IranUS jobless claims dropped significantly last week, falling below 200,000. This occurred despite ongoing economic challenges, including the ...
Trump's Fed nominee Kevin Warsh calls for 'regime change' at Fed, new inflation approachThe hearing quickly turned contentious, and the pace of Warsh's confirmation process through the Senate remained in doubt.
Iran war has revealed Trump's pressure point: the economyIran's actions in the Strait of Hormuz have revealed a key vulnerability for President Trump. The conflict has led to rising energy costs a...
Is it too late to save the US economy from a recession?During Donald Trump's second term, top American companies faced significant losses. Apple's valuation dropped drastically, followed by simi...
Recession risk deepens, fear haunts economies and businesses as Trump's tariff damage spreadsA recent Reuters poll reveals economists are increasingly worried about a potential global recession this year, largely blaming U.S. tariff...
Is Trump's tariff strategy driving America towards recession? Shocking poll resultsA recent poll indicates declining American confidence in President Donald Trump's economic policies. Many fear a potential recession due to...
US recession chances thrice the normal rate now? Harvard Professor sounds alarm amid Trump's tariff initiativeIs the US economy headed for a recession? Jeffrey Frankel from Harvard University’s Kennedy School has said that the chances of recession i...
Will US face recession in 2025? See what US President Donald Trump said over economic concernsPresident Donald Trump did not predict if the U.S. will face a recession in 2025. In an interview, he spoke about tariffs and trade policie...