Category: Economy, Finance and Market News
Trump Dismisses Recession Fears Amid GDP Dip and Tariff Tensions
President Donald Trump dismissed concerns about an imminent economic recession, attributing current market instability and a GDP dip to the previous [...]
Warren Buffett Announces Retirement, Warns Trump’s Tariffs Risk Global Instability
Warren Buffett, at age 94, announced his intention to retire as CEO of Berkshire Hathaway by the end of 2025, naming Greg Abel as his successor. Duri [...]
Trump proposes $163 billion cut to US budget that slashes domestic spending
U.S. President Donald Trump looks on after disembarking from Air Force One at Palm Beach International Airport, West Palm Beach, Florida, U.S. Ma [...]
US economy shrinks in first quarter as tariffs unleash flood of imports
A China Shipping container is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs with China, in Oakland, California, U.S., [...]
China creates list of US-made goods exempt from 125% tariffs, sources say
A general view shows container terminal in Hong Kong, China, April 23, 2025. REUTERS/Tyrone Siu/File Photo
China Quietly Creates Tariff Exempt [...]
Conflicting US-China talks statements add to global trade confusion
A drone view shows containers at the terminals at the port in Kwai Chung in Hong Kong, China, April 3, 2025. REUTERS/Tyrone Siu/File Photo
Con [...]
U.S.-China Trade War: Treasury Chief Signals De-escalation, But Talks Not Yet Started
Despite President Trump's claim that the U.S. is “actively” talking with China, Treasury Secretary Scott Bessent clarified that formal negotiations h [...]
World Economic Forum Investigates Founder Klaus Schwab Over Whistleblower Allegations
The World Economic Forum has opened an internal investigation into its founder Klaus Schwab, following whistleblower allegations concerning the misus [...]
UK Chancellor Rachel Reeves Warns Trump Tariffs Will Profoundly Impact British Economy
The United Kingdom’s Chancellor Rachel Reeves has issued a serious warning regarding the consequences of Donald Trump’s trade policies, indicating a [...]
Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
U.S. Federal Reserve Chair Jerome Powell attends a press conference, in Washington, D.C., U.S., March 19, 2025. REUTERS/Nathan Howard/File Photo [...]