Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and political leaders in the Swiss mountain resort of Davos became a symbol of globalisation, has resigned as chair of its trustees.
The Geneva-based WEF made the…
Many Americans believe there will be a recession in the next year. There are plenty of signs that say one is already underway.
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If there’s one complaint repeatedly voiced by Americans in recent years, it’s “The Economy”; aka, everything has grown extremely expensive. Due to a wide range of factors, from geopolitical events to supply chain issues, American citizens are feeling the effects of rising prices. And they aren’t limited to just one sector. The cost of many […]
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A shocking company is this investing titan’s pick to lead the market out of its current slump.
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that short-run inflation expectations are up and added that it’s very important for long-run inflation expectations not to rise.
FIS and Oxford Economics quantify the impact of disruptions and inefficiencies across the money lifecycle.
I found this chilling: Meanwhile, Americans have turned more negative on the stock market than they’ve been in two years. Some 53% say it’s a bad time to invest, with just 38% saying it’s a good time. The numbers represent a sharp turnaround from the s…
https://www.reuters.com/world/china-opposes-any-deals-between-us-other-nations-its-expense-2025-04-21/ China on Monday accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its exp…
Macro data released last week showed the government policy support has been generating positive impact on the economy. China’s Q1 GDP delivered a strong growth of 5.4%yoy, above market expectations of 5.2%yoy.
US National Economic Council Director Hassett said US President Trump was investigating whether they could fire Federal Reserve Chair Powell. Investors seem less than happy with the idea of a politicized Fed—the US dollar and long-dated government bond…
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications for the already slowing economy.
Source: https://www.wsj.com/world/china/china-us-economic-relations-tariffs-cold-war-ddb43fca According to The Wall Street Journal, President Donald Trump recently expressed his desire to speak directly by phone with Chairman Xi Jinping, and the U.S. g…
The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower.
The Australian Dollar (AUD) recovers its losses from the previous session against the US Dollar (USD) on Monday.
The USD/CHF pair dropped to 0.8069 during Monday’s Asian session, marking its lowest level since September 2011, and is trading around 0.8090. The US Dollar (USD) remains under pressure, weighed down by growing fears of economic fallout from the recent…
USD/CAD depreciates after registering gains in the previous session, trading around a six-month low at 1.3802 during the Asian hours on Monday. The pair faces headwinds due to the weaker US Dollar (USD), remaining under pressure due to mounting concern…
Check out these forward-looking economic reports.
Bullion for immediate delivery climbed above $3,364 an ounce, as the dollar fell.
NZD/USD continues its winning streak that began on April 9, trading near 0.5970 during Monday’s Asian session. The New Zealand Dollar (NZD) is buoyed by a weaker US Dollar (USD), which is under pressure due to mounting concerns over the US economic fal…
U.S. economic activity may appear “artificially high” before dropping off this summer, Chicago Federal Reserve President Austan Goolsbee said Sunday, as businesses and consumers look to stock up before the Trump administration’s tariffs take effect.
The International Monetary Fund is set to lower its outlook for economic growth in new projections released on Tuesday.
As the US and China continue their faceoff, companies are caught in the crossfire.
Here’s what could happen to the economy next.
The event is stirring memories of an exhibition in 1970, when the postwar Japanese economy was taking off and “you could have dreams about the future.”
Surprise easing of currency controls relieves economic risk but sharpens electoral pressures
https://finance.yahoo.com/news/television-could-go-the-way-of-newspapers-if-the-us-economy-tips-into-recession-analyst-warns-091448700.html As recession fears mount following Trump's sweeping new tariffs, US media and internet companies face a pote…
In a letter opposing Trump’s tariff plan, a group of top economists criticized the rates proposed by the administration’s "reciprocal" tariffs.
https://finance.yahoo.com/news/firing-powell-hurt-dollar-us-203000819.html (Bloomberg) — President Donald Trump would put the credibility of the dollar on the line and destabilize the US economy if he fired Federal Reserve Chair Jerome Powell, French F…
“Donald Trump has hurt the credibility of the dollar with his aggressive moves on tariffs—for a long time,” French Finance Minister Eric Lombard said.
The hope is that their stance on big expenditures, like real estate or major machinery, will offer clarity into how they see the economy.
A survey of 1,000 Americans showed Trump with 43% approval and 55% disapproval.
https://finance.yahoo.com/news/china-accelerates-budget-spending-counter-041022107.html (Bloomberg) — China expanded government spending at the fastest rate for any first quarter since 2022, ramping up support for an economy bracing for foreign demand…
In today’s interconnected world, tariffs have become a major tool in international trade and the global economy. These taxes on imported goods can reshape entire industries, supply chains, and the prices consumers pay for products. (These countries have the highest tariff rates in the world.) Tariffs will likely play a central role in the second […]
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A survey of recent and near-graduates indicates most have lofty salary, job flexibility, DEI, and career demands for prospective employers, though they’re attuned to a possible economic downturn.
In 2017, Nathan Cozzolino started Rose, a “farm to edibles” brand based in Los Angeles. Cozzolino and his team cultivated organic hemp and marijuana, produced its own low-dose gummies with natural organic ingredients, and sold the product to licensed …
“You have to laugh to keep from crying,” one Republican pollster said about recent comments by the billionaires on the stock market, retirement funds and Social Security.
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