The U.S. stock market experienced a dramatic downturn, losing a staggering $11.1 trillion in just 44 days. This significant decline represents a steep 38% of the nation’s GDP, […]
Record $536 Billion Wealth Wipeout: U.S. Tariffs Plunge Billionaire Net Worth
A staggering $536 billion vanished from the world’s 500 richest individuals in just two days, as new U.S. tariffs triggered a sharp market decline and unprecedented wealth destruction. […]
Yellen: Tariffs Won’t Trigger Recession
U.S. Treasury Secretary Janet Yellen has asserted that tariffs won’t trigger a U.S. recession, aiming to calm market anxieties surrounding trade policies. She emphasized the robust state of […]
Janet Yellen Says Tariffs Won’t Trigger Recession, Stabilizing Markets
U.S. Treasury Secretary Janet Yellen has declared that the recent tariffs will not lead to a recession, offering reassurance amid ongoing economic concerns surrounding trade policies. Her statements […]
U.S. Treasury Secretary: Tariffs Won’t Trigger Recession
In a bid to alleviate concerns about tariffs potentially triggering an economic recession, U.S. Treasury Secretary Besant has asserted that these measures will not have a negative impact […]
UK Prime Minister Starmer Seeks Economic Agreement Amid U.S. Tariffs
UK Prime Minister Keir Starmer has voiced concerns about the impact of US tariffs, emphasizing that the global economic landscape has shifted significantly. He aims to secure an […]
Circle Delays IPO Amidst Economic Uncertainty Caused by New U.S. Tariffs
The company behind the USDC stablecoin, Circle, may postpone its initial public offering (IPO) due to economic concerns arising from recently implemented new U.S. trade tariffs. The Wall […]
Trump’s Tariff Proposal Triggers Market Drop: Uncertainties Loom as Economic Data Paves the Way for Further Volatility
Market sentiment has taken a significant hit following U.S. President Donald Trump’s announcement of a new tariff proposal, intensifying concerns about global economic growth prospects and causing a […]
Recession Risks Spike as U.S. Tariffs Fuel Economic Fears
Economic forecasts have shifted, with traders now anticipating a 60% chance of a US recession by 2025, driven primarily by new tariffs imposed by the government. This surge […]
Trump Calls for Fed Rate Cut Amidst Inflation Decline
Former President Donald Trump has urged Federal Reserve Chairman Jerome Powell to lower interest rates, citing recent economic progress marked by easing inflation and falling energy prices. This […]
Trump’s Economic Plan Sparks Uncertainty in US Markets
President Trump’s recent shifts to his economic plan have triggered mixed reactions across the financial sector, leaving many wondering about its potential impact on the U.S. economy. The […]
American Public Divided on Trump’s Economic Plan Amidst Market Downturns
Recent polling reveals a significant drop in public confidence towards President Trump’s economic management, with nearly 52% of Americans expressing dissatisfaction with his handling of the nation’s economy. […]
Expert Says Fed Should Ignore Market for Rate Cuts, Inflation Remains High
Former Federal Reserve Vice Chairman Roger Ferguson argues that the US central bank should not be swayed by market expectations and potentially cut interest rates as early as […]
Bitcoin Celebrates Satoshi Nakamoto’s 50th Birthday with US Reserve Asset Status
Satoshi Nakamoto, the enigmatic creator of Bitcoin, marks their 50th birthday this year. The crypto world celebrates the milestone as Bitcoin gains traction within financial institutions and a […]
Powell Addresses Inflation and Employment Concerns
Federal Reserve Chair Jerome Powell delivered a speech addressing the complex challenges of inflation and employment fluctuations, emphasizing the pressing need for decisive action. His remarks on October […]