Economy News

Economy

BlackRock's Larry Fink Warns: The U.S. Economy Might Already Be in a Recession

BlackRock CEO Larry Fink suggests the U.S. might already be in a recession, citing economic deterioration and uncertainty from reciprocal tariffs. Client anxiety is rising due to g...

Economy

April's Alarming Drop in US Consumer Confidence Signals Economic Worries

A preliminary report from the University of Michigan shows a continued decline in US consumer confidence in April, raising concerns about the economic outlook. Analysts warn this c...

Economy

BlackRock's CEO Larry Fink Warns: The U.S. Economy May Already Be in Recession

BlackRock CEO Larry Fink suggests the U.S. may already be in a recession, citing significant economic deterioration and growing investor anxiety over global market uncertainties.

Economy

U.S. Trade Representative Greer Engages in Critical Talks with Taiwan and Israel Amid Global Trade Shifts

U.S. Trade Representative Jamieson Greer is set to discuss trade with Taiwan and Israel, following talks with Vietnam, as part of efforts to diversify U.S. trade partnerships and r...

Economy

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if measures persist. The Eurozone and global economy could also suffer sig...

Economy

ECB President Lagarde Vows to Utilize All Tools Amid U.S. Tariff Turbulence

ECB President Christine Lagarde commits to using all necessary tools to maintain stability against U.S. tariffs, while monitoring market volatility and exchange rate impacts on inf...

Economy

French PM Francois Bayrou Criticizes Shift from US to Chinese Goods Amid Trade Turmoil

French Prime Minister Francois Bayrou warns against replacing US goods with Chinese products amid trade disputes, calling it dangerous. He criticizes US tariffs, likening their imp...

Economy

BlackRock's CEO Larry Fink Highlights Market Uncertainty and Client Anxiety in Latest Earnings Call

BlackRock CEO Larry Fink discusses the anxiety among clients due to market uncertainties, drawing parallels with past crises and hinting at potential growth opportunities following...