Business
Dollar Doubts Dominate Gathering of Global Economic Leaders
On the sidelines of the spring meetings of the International Monetary Fund and World Bank this week, Treasury Secretary Scott Bessent…
Tag
Economic
Business
Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing…
Business
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news,…
Politics
Poll shows voters give Trump low marks on economic plan, approve of his border policies
President Trump is getting dour reviews from voters on his handling of inflation and the economy, but they are satisfied with his approach…
Business
US: Nasdaq ends down 3.1% on Nvidia drop, economic angst
Wall Street stocks tumbled on Wednesday (Apr 16) as the Federal Reserve chief warned of the drag from US President Donald Trump’s tariffs,…
Politics
China Girds for Economic Stress of Trump’s Tariffs
President Trump’s tariffs have been good for China’s economic growth. At least they were over the first three months of the year, as the…
Business
Gold hits record high on economic growth concerns
Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global…
Business
Scott Bessent Is Not Our Economic Savior
It’s not clear that Bessent is in charge of other economic policies. Back in October, he told the Financial Times that he did not believe…
News
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence
U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than erasing earlier losses after President Trump said he…
Business
China’s EV boom masks economic pain for major auto hubs
China’s world-beating electric vehicle (EV) boom is masking lopsided economic gains, with manufacturing hubs that rely on foreign…
Politics
Amid economic chaos, some Republicans want control of tariffs back in Congress
WASHINGTON — As the fallout over President Trump’s tariffs continues to roil the world economy, a few Republicans in Congress have begun…
Business
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to…
Politics
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic…
Politics
Top Trump economic adviser downplays concerns over tariffs' impact on global economy, U.S. consumers
The director of the White House National Economic Council said Sunday that President Trump's tariffs might raise the cost of some imported…
Business
Trump’s Trade War Risks Forfeiting America’s Economic Primacy
The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a…
Politics
Tariffs a Harsh New Demonstration of the Folly of Economic Planners
Trump has engineered something like a sanctions regime targeting Americans. Source link
Politics
A Stunned World Reckons With Economic Fallout From Trump’s Tariffs
Laptop computers from Taiwan, wine from Italy, frozen shrimp from India, Nike sneakers from Vietnam and Irish butter. These products are…
Business
US: Stocks shrug off economic jitters to close higher
Wall Street stocks closed higher on Friday (Mar 21) after fluctuations, shaking off ongoing economic uncertainty including those triggered…
Business
FedEx cuts profit outlook again amid mounting economic woes
FedEx lowered its full-year guidance for a third consecutive quarter as mounting economic uncertainty adds to sputtering demand already…
Business
Europe: Shares slip after global central banks flag economic uncertainty; Switzerland cuts rates
EUROPEAN shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate…
Business
US Fed holds rates again, flags increased economic uncertainty
The US Federal Reserve paused interest rate cuts again on Wednesday (Mar 19) and noted an increase in economic uncertainty, as it…
Politics
Treasury secretary touts economic guarantees for Ukraine in Trump's deal
Amid the ongoing Russia-Ukraine war, U.S. Treasury Secretary Scott Bessent said he believes that President Donald Trump's Ukraine deal…
Business
Xi meets China's tech titans amid economic struggles
Chinese President Xi Jinping speaks during an event in Berlin. Maurizio Gambarini/Deutsche Presse-Agentur GmbH/dpa Chinese leader Xi…
Politics
Uncertainty About Economic Policy Is Hampering Business Decisions
It is an axiom heard countless times in business school lecture halls and on corporate earnings calls: Uncertainty is bad for business.…