Gold rises ahead of Jackson Hole and Fed pressure
Gold rebounds after recent lows Gold prices rose 0.9% on Wednesday to $3,344.37 per ounce, boosted by a weakening U.S. dollar. The market reacted to the Federal Reserve’s July meeting minutes, which
Stocks Surge on Inflation Data and US-China Trade Truce
Market Rebound Following Positive Data and Trade Deal Stocks soared on Tuesday as investors cheered softer-than-expected inflation data and a 90-day pause on U.S.-China tariffs. The S&P 500 and Nasdaq posted significant
Tariff Whiplash Hits Wall Street After Historic Rally
Just one day after a historic surge lifted investor spirits, Wall Street is once again reeling. Despite President Trump’s temporary rollback of certain “reciprocal” tariffs, the damage from previous trade policies is
All Major Indexes Hit Record Highs Despite Job Worries
S&P 500, Nasdaq, and Dow close at historic levels U.S. stocks closed at all-time highs Tuesday, as investors looked past fresh concerns over the strength of the economy and focused instead on
UK Economy Surprises with 0.7% Growth, But Challenges Ahead
Britain’s economy grew more strongly than expected in early 2025, giving a boost to the government and finance minister Rachel Reeves. However, she faces tougher challenges ahead due to her tax hike
Jamie Dimon Warns Recession Possible Despite Tariff Rollback
Wall Street titan Jamie Dimon expressed caution Thursday about the state of the U.S. economy, stating that a recession remains a serious possibility despite the recent rollback of tariffs on China. In
April Consumer Confidence Plummets Amid Tariff Concerns
Consumer attitudes towards both the present and future took a significant downturn in April, as escalating tariffs dented sentiment and employment confidence hit levels reminiscent of the global financial crisis. Consumer Confidence
U.S. Economy Could Face Recession Due to “Liberation Day” Tariffs
According to Apollo chief economist Torsten Slok, if President Donald Trump were aiming to engineer a recession by summer, one of the most effective methods would be to announce sweeping “Liberation Day”
The Economic Impact of Tariffs and the Likely Recession
The economic consequences of tariffs imposed by the Trump administration are expected to become apparent to everyday Americans soon, with a potential recession on the horizon for this summer, according to Apollo
Intel Faces Challenges Amid Trade Wars and AI Competition
Intel, once a towering force in the semiconductor world, finds itself grappling with a significant decline in market value. From a $500 billion market cap in 2000, the chipmaker is now worth
Ray Dalio Warns US Tariff Policies Could Lead to Recession
Dalio Expresses Concern Over Global Economic Impact Bridgewater founder Ray Dalio expressed significant concerns about the potential global economic turmoil resulting from President Donald Trump’s tariff and economic policies. During an appearance
Dollar Weakens as Trade War and Recession Fears Mount
U.S. Dollar and Yuan Hit Low as Trade War Escalates The U.S. dollar weakened against major currencies, including the yen and euro, as trade disputes triggered by President Donald Trump’s sweeping tariffs
JPMorgan CEO Dimon Warns of Inflation and Growth Slowdown
Dimon Criticizes Trump’s Tariffs in Annual Shareholder Letter JPMorgan Chase CEO Jamie Dimon expressed concerns in his annual shareholder letter about the potential economic impacts of President Donald Trump’s newly announced tariffs.