Scope, a German credit rating agency, warns that the US could suffer credit negativity and recession due to the trade war's impact on dollar trust. Three scenarios, from light tari...
Citigroup Inc. reports a 3% revenue increase to $21.6 billion in Q1 2025, with net income up 21% and earnings per share soaring 24%. CEO Jane Fraser highlights the company's strong...
US consumers face rising inflation and unemployment fears, with a New York Federal Reserve survey showing a jump in one-year inflation expectations to 3.6% and increased job loss a...
OPEC revises global economic growth forecast down to 3% for 2025, citing trade uncertainties. The US and Eurozone face slower growth, while China is expected to maintain steady exp...
Kevin Hassett, Director of the US National Economic Council, dismisses recession fears and highlights progress in EU trade talks. He also addresses insider trading allegations and ...
Former Treasury Secretary Janet Yellen criticizes Donald Trump's tariff policies as harmful to the US economy, suggesting they may lead to a recession. She also links the suspensio...
Former Treasury Secretary Janet Yellen criticizes President Trump's tariffs as a severe self-inflicted wound to the US economy, warning of increased recession risks due to these po...
Federal Reserve Bank of Kansas City President Jeff Schmid warns of the risks posed by rising inflation expectations, emphasizing the difficulty in containing inflation once it's em...
The NFIB reports a decline in US small business optimism in March, with the index falling below the 51-year average. Key concerns include taxes and labor quality, while sales expec...
Top US CEOs warn that Trump's new tariffs could harm the economy, with potential for major impacts on manufacturers, workers, and the restaurant industry, alongside a significant m...
The US manufacturing sector showed signs of growth in February with factory orders rising by 0.6% to $594.0 billion, surpassing expectations. Shipments and unfilled orders also inc...
President Donald Trump is exploring a two-step tariff strategy to impose emergency duties and investigate trading partners, with potential immediate tariffs on imported vehicles by...
US President Trump hints at tariff exemptions for several countries, with new levies on autos, lumber, and chips. April 2nd dubbed "Liberation Day" for potential breaks, amid strat...
Treasury Secretary Scott Bessent remains optimistic about the US stock market's long-term performance despite recent volatility due to tariff policies. He acknowledges potential ec...
Francois Villeroy de Galhau, ECB Governing Council member, criticizes Trump's tariffs as harmful to the US economy and global trade, highlighting the risks of escalating trade tens...
US Treasury Secretary Scott Bessent discusses the administration's focus on long-term economic growth over short-term market volatility, amidst ongoing tariff negotiations and effo...
The Dow Jones Industrial Average experienced a downturn after Canada imposed a 25% tariff on US goods, reacting to previous US economic measures. While the Nasdaq 100 saw a slight ...
Kevin Hassett, Director of the United States National Economic Council, anticipates the resolution of trade policy uncertainty by early April, with new tariffs effective April 2. H...
Kevin Hassett forecasts the resolution of US trade uncertainties by early April, aiming to boost the economy and bring back manufacturing jobs. Despite a predicted first-quarter co...
Kevin Hassett, Director of the US National Economic Council, expects trade policy uncertainties to be resolved by early April, with new tariffs taking effect. He remains optimistic...
The Dow Jones Industrial Average dropped over 300 points in premarket trading following President Trump's criticism of Canada's tariff policy and his dismissal of recession concern...
Federal Reserve Bank of Atlanta President Raphael Bostic discusses the uncertain impact of tariffs on inflation, noting increased costs and potential price hikes, with clarity expe...
Wall Street attempts a recovery in premarket trading after a tariff-induced selloff, with the Dow Jones up by 234 points. Concerns over the US economy persist as tariffs against Ca...
Peter Navarro, Senior Counselor to President Trump, asserts Trump's firm stance on tariffs against China, Canada, and Mexico, effective March 4. Navarro discusses the minimal impac...
The US Manufacturing PMI showed a slower expansion rate in February, sparking discussions on economic implications. Insights and analysis on this trend and its impact on the US man...
Wall Street's major stock exchanges rise in premarket trading as Nvidia reports an earnings beat. Investors await the US GDP report, jobless claims, and pending home sales data for...
Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee, affirming the US economy's strength and absence of recession. He discussed the economy's position...
The latest US nonfarm payrolls report highlights the necessity of Donald Trump's pro-growth policies, as emphasized by the White House. Despite a 143,000 increase in nonfarm employ...
Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the rise in the 10-year Treasury yield, attributing it to fiscal deficits and not seeing it as worrisome. He a...
Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's firm footing and solid GDP growth in the first quarter....
Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed confidence in the US economy's strong foundation, despite ongoing inflation concerns a...
Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed optimism about the US economy's strength, citing solid GDP growth expectations for the...
