In his annual letter to shareholders, Jamie Dimon, CEO of JPMorgan Chase, expressed concern about the potential economic consequences of recent tariffs enacted by President Donald Trump. Dimon […]
White House Uninformed on Tariff Suspension, Legal Actions Pending
The White House appears to lack knowledge about a 90-day suspension of tariffs, according to reports from Odaily and CNBC. News outlets like ABC News suggest that legal […]
Trump’s Tariffs Cause Market Turmoil, Experts Worry About Stagflation
Bob Diamond, former Barclays CEO, asserts that the US has moved beyond economic justifications for tariffs, entering a territory of unanticipated economic harm. Markets reacted sharply, dropping across […]
US Strategic Bitcoin Reserve: A Missed Opportunity for Crypto Capital
The US launched the Strategic Bitcoin Reserve in March 2023 under the Trump administration’s plan to establish the
Bill Ackman Claims Tariff Policy Behind Market Crash and Potential Conflict of Interest
Recent market fluctuations have sparked debate about the impact of US tariffs on the cryptocurrency market, particularly after prominent investor Bill Ackman accused US Commerce Secretary Howard Lutnick […]
Recession Risk Soars to 61% Amid Trump’s Tariff Targeting China
The economic outlook has darkened significantly following President Trump’s new tariff policy targeting Chinese goods, increasing recession risk projections to 61%. Economists warn of a possible slowdown in […]
JPMorgan’s Economic Outlook: US Economy Projected to Slow Down
JPMorgan Chase, a major financial institution, recently released its updated economic outlook for April 2025. The report paints a picture of a slowing US economy significantly impacted by […]
Prediction Markets Indicate High Recession Odds for 2025
Recent prediction markets have revealed a high likelihood of recession in the US by 2025, with over 60% of traders predicting this outcome. This comes on the heels […]
Kalshi Predicts 61% Recession Risk in US by 2025
A prediction market platform, Kalshi, has released a forecast suggesting an over 61% chance of a US recession in 2025. This estimation is based on the collective sentiment […]
US Imposes $10 Billion Tariff on Imports, Signaling Trade Tensions
The United States has officially implemented a sweeping new 10% tariff on all imports from most countries, marking a major shift in global trade relations. The policy, enacted […]
JPMorgan Warns Recession Could Hit U.S. This Year
JPMorgan Chase has issued a dire warning about the future of the U.S. economy, predicting a recession in 2023 due to President Trump’s recent announcement of sweeping tariffs […]
Trump Calls for Rate Cuts Amidst Tariff War Uncertainty, Fed Remains Stoic
President Donald Trump urged Federal Reserve Chair Jerome Powell to immediately lower interest rates, arguing that current conditions warrant such action. Trump attributed the recent decline in prices […]
U.S. Economic Growth Expected to Slow Down with New Policies
The U.S. economy is poised for a slowdown this year, according to Federal Reserve Chairman Jerome Powell. Odaily reports that after years of robust growth, new government policies […]
Global Markets Drop Amidst Escalating US-China Trade War
Market volatility surged on Friday, marking a second consecutive day of declines, as President Trump’s reciprocal tariffs and China’s retaliatory measures fueled fears of a deepening trade war […]
Unbreakable Tariffs: US Commerce Secretary Halts Hopes for Trump-Era Trade Policy Reversal
US Commerce Secretary Howard Lutnick has declared that eliminating tariffs imposed during President Trump’s administration is simply ‘impossible,’ sending ripples through global markets and international relations. This assertion […]