
Trump lashes out at Fed chair again: ‘Powell’s termination can’t come fast enough!’
Although the president lacks the legal authority to remove Jerome Powell, he continues to exert pressure on the Fed chair to lower interest rates
Although the president lacks the legal authority to remove Jerome Powell, he continues to exert pressure on the Fed chair to lower interest rates
The US president surrounds himself with men who share one thing in common: they never criticize him
Investing in the US stock market has yielded significant long-term returns, but these gains are considerably diminished if the investor sells in a panic or in haste
In 2024, Washington’s deficit with Beijing reached nearly $300 billion, highlighting a persistent imbalance and America’s reliance on key products from the Asian giant
‘There are no winners in a tariff war,’ argues President Xi Jinping in his first remarks following the escalation of the trade war
The president’s backpedalling in response to market pressure reveals his limitations in pursuing an aggressive tariff war against the entire world
The 25% levy on steel, aluminum, and cars remain in place, as does the 10% universal rate on most imports
The blow to public debt was the final straw, following the market crash, internal criticism, and warnings from investors and business leaders
Countermeasures are beginning to take effect as taxes on imports from the Asian giant hit 125% while the trade war with the rest of the globe gets paused. The EU has also halted its counter-tariffs but warns they will go into effect if negotiations fail
The US president has excluded China from the tariff relief, raising duties on the country to 125%. Wall Street surged following the policy reversal
Beijing insists it does not want a trade war, but warns Washington that it will not stand idly by
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
Big tech companies lead the losses, with €1.5 trillion cumulatively shed since Thursday from the Magnificent Seven’s market capitalization
Global markets are facing their worst days since the pandemic, with Trump’s harsher-than-expected trade war stoking fears of a recession, triggering panic among investors, and causing an economic earthquake
The company manufactures vehicles in the US, Europe and China using regional suppliers, which will allow it to partially avoid the levies. But its extremely high valuation and poor sales performance have led to $750 billion losses in the stock market since December
Trump’s desire for a weak dollar to reindustrialize the US has alarmed markets due to the potential consequences of the dollar losing its status as the world’s reserve currency
Wall Street slides nearly 10% in two days and drags down all the world’s stock markets. Experts say the key lies in whether the levies are ideological or a bargaining chip
The president is using an unintelligible equation as a way to impose higher tariffs on the countries with which the United States has the largest trade deficit
The president estimates that Elon Musk will step back from government duties in a few months to fully focus on his companies
The S&P 500 plummets nearly 4% in its worst day in two years. The euro surges above $1.11, and Brent crude oil sees a sharp decline of 7%
The company later saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It has now caught the attention of bearish investors, who are betting against its future performance
Every crisis breeds its own monsters, and the Great Recession has left us with inequality. Donald Trump is the last link in that chain
The round of tariffs the US president plans to announce or impose on April 2 will take a heavy toll on the global economy
Elon Musk is the most affected among the billionaires, who have seen hundreds of billions of wealth vanish in recent weeks due to stock market declines
The impact of Trump’s policies, particularly in trade, loomed over a news conference where Chairman Jerome Powell used terms that he had been avoiding in recent times
Investors, who once welcomed his election victory, are now fleeing the US markets and putting pressure on the president to reverse his most controversial measures
The data analysis and surveillance company is the darling of Wall Street for its use of artificial intelligence in defense and national security