A decision to block former U.S. President Donald Trump’s tariff authority has been temporarily halted by the U.S. Federal Appeals Court. The court is expediting review of Trump’s […]
London Negotiations Impact Global Crypto Markets, Signaling Potential Growth Amid Economic Uncertainty
Recent negotiations between China and the U.S., taking place in London, offer a potential turning point for global economic stability and crypto markets. This follows on from last […]
World Bank Warns of Slower Global Growth due to Tariffs and Trade Disruption
The World Bank has issued a concerning report warning that tariffs implemented by the U.S. are significantly impacting global economic growth. The bank predicts a slowdown in major […]
Trump Tariffs: DOJ Seeks Extension After Court Invalidates Them
The U.S. Department of Justice (DoJ) has requested a court extension for the suspension of a ruling that invalidated certain Trump-era tariffs. This legal battle, touching on trade […]
Goldman Sachs Warns of Rising Inflation Amidst Tariffs
Goldman Sachs economists have issued a warning about potential inflationary pressures stemming from recent tariffs. They predict that these tariffs may lead to increased prices for U.S. goods […]
Trump Doubles Down On Tariffs, Targeting Apple and EU Imports
Former U.S. President Donald Trump has escalated his trade policies, imposing new tariffs on European goods and Apple products to bolster American industries. This move comes amidst a […]
Elon Musk Predicts Recession Caused by Trump’s Tariffs
Tesla CEO Elon Musk has warned of a possible recession in 2025 due to the ongoing tariffs imposed by former President Donald Trump. These remarks come as Elon […]
Harker: Job Market Remains Stable Despite Tariff Concerns
Federal Reserve official Patrick Harker maintains that the recent job market data points to stability despite the ongoing impact of tariffs. According to Odaily, Harker believes these effects […]
Dow Jones Ends Losing Streak Amidst Weak Economic Outlook
U.S. stock markets closed with a mixed performance on Wednesday as concerns about economic growth, inflation, and tariffs weighed on market sentiment. The Dow Jones Industrial Average, after […]
Bitcoin Uncertainty Persists: Trump’s Tariffs Threaten Bull Run
Donald Trump’s ongoing tariff threats cast uncertainty over Bitcoin’s future, according to analysts. Odaily reports that Swyftx’s Chief Analyst Pav Hundal predicts Bitcoin might be negatively impacted by […]
Canada Threatens Retaliation as Tariff Talks Stall
Canadian Prime Minister Carney has declared that the country is prepared to implement countermeasures against the United States should trade negotiations fail to result in the removal of […]
Federal Reserve’s Beige Book Shows Price Pressures From Tariffs
The latest Federal Reserve Beige Book paints a picture of persistent inflationary pressures, with prices showing an upward trend. As reported by Odaily, respondents in various districts have […]
EU and US Progress on Tariff Negotiations
Discussions between European Commission Vice President Maroš Šefčovič and U.S. Trade Representative Katherine Tai have been constructive as they work towards resolving the tariffs imposed by former President […]
EU and US Trade War Looms: High-Stakes Talks in Paris Amid Rising Tensions
Leaders from the EU and US are heading to Paris for crucial talks aimed at averting a full-blown trade war. This high-stakes meeting follows President Trump’s recent decision […]
Trump Raises Steel Tariffs to 50%, Aiming to Boost Domestic Industry
President Donald Trump signed an executive order imposing a 50% tariff on imported steel, effective June 4. This decision follows promises made to domestic steel producers to protect […]