[ad_1] Even after Wednesday’s furious rebound in US stocks, the chances that the S&P 500 Index will end the year with a gain remain slim, if history is any guide. In the 16 times the US stock benchmark has dropped 15% or more at any point in a year, like it had before the rally, […]
Fed Chair Jerome Powell warns of tariff impact on US economy; markets slide, recession risks rise – CNBC TV18
[ad_1] US Federal Reserve Chairman Jerome Powell on Friday flagged serious risks to the American economy from the reimposition of Trump-era tariffs, cautioning that the aggressive trade measures could push inflation higher and slow down growth at a time when economic momentum is already showing signs of strain. Speaking at a conference in Arlington, Virginia, […]
US Reciprocal Tariffs Live: European markets close higher
[ad_1] European markets rose ahead of Trump’s tariff announcement, while analysts warn of trade war escalation that could cost global markets $1.4 trillion. Trump’s team is said to be considering 20% tariffs across the board. US Reciprocal Tariffs Live: European markets rose ahead of Donald Trump’s tariff announcement, with FTSE up 0.6%, DAX 1.7%, and […]
Trump hints at possible tariff hikes over time: Report – CNBC TV18
[ad_1] US President Donald Trump said US tariffs could go up over time but gave no other details, according to an excerpt of a Fox Business interview taped on Thursday that aired on Friday, March 7. Asked whether businesses could get clarity about his tariff plan, Trump said: “Well, I think so. But, you know, […]