The market was shaken up by Trump's back-and-forth on tariffs. By the time trading ended, stocks had regained some lost ground, but the damage was already done. Interest rates spiked, business activity slowed, and the specter of a recession loomed larger. The chance of a U. S. default crept up to 6%
Russia's economy has been under pressure from Western sanctions. Despite this, President Vladimir Putin claims that Russia has become more self-reliant and has found new markets. However, there is one notable absence that Russian officials openly acknowledge: Boeing. The aviation company's planes
The U. S. economy was in a tough spot. President Trump had thrown a wrench into global trade. He slapped huge tariffs on both friends and foes. This made for an unusual gathering of former Treasury secretaries. They usually welcome the new secretary with smiles and light chat. But this time, th
The CEO of JPMorgan Chase, Jamie Dimon, has sounded the alarm. He believes that the US economy is in for a rough ride. This is due to a mix of factors, both good and bad. On the positive side, there are potential benefits from tax changes and reduced regulations. However, there are also significant
The latest numbers show that prices in the U. S. went down last month, with a big drop in gas, flights, and hotel stays. This is a sign that the rate at which prices are going up is slowing down. The overall increase in prices was 2. 4% in March compared to the same month last year. This is lower th
China is in a tough spot. The trade war with the United States is heating up, and the Chinese government is looking for ways to keep the economy afloat. One of their big plans is to get Chinese people to spend more money at home. This might sound simple, but it's not as easy as it seems. The id
In a recent interview, JD Vance, the Vice President of the United States, made some comments that did not sit well with many people. He was talking about the global economy and how the United States borrows money to buy goods from other countries. Specifically, he mentioned "Chinese peasants" in a w
The global trade scene is shifting, and Turkey is keeping a close eye on the changes. With the recent tariffs imposed by the United States, the country is seeing potential benefits. These tariffs have disrupted the usual flow of goods, but Turkey might just find a way to turn this disruption into an
The US economy is facing a rocky road ahead. Many top business leaders are worried that the country might already be in a recession. A recession means the economy is shrinking, with less money being spent and fewer jobs available. This can last for several months and is usually marked by a drop in t
The political and economic climate is heating up. It's a tense standoff between the White House and Wall Street. The president's team and their allies are defending tariffs, a move that seems to contradict their past support for free markets. This shift is puzzling, to say the least. These are the s
