recession fears

grassley-proposes-bill-for-congressional-approval-of-tariffs

World

6 months ago

Grassley Proposes Bill for Congressional Approval of Tariffs

New Bill Seeks Congressional Oversight on Tariffs On Thursday, Republican U.S. Senator Chuck Grassley introduced a bill that would require congressional approval for new tariffs, following President Donald Trump’s unveiling of sweeping

World

1 month ago

US Consumer Sentiment Falls in August

Inflation worries drive first decline in months Consumer sentiment weakened in August for the first time in four months as inflation concerns resurfaced. The University of Michigan’s latest survey showed year-ahead inflation

Markets

5 months ago

Markets React to Trump’s Tariff Pause Amid Ongoing Concerns

Market Update and Tariff Pause Impact Major averages were sharply lower near midday, pulling back from yesterday’s sharp gains following President Donald Trump’s announcement of a 90-day pause on some of his

Jamie Dimon’s Leadership Amid Economic Warnings

JPMorgan Chase CEO Jamie Dimon is known for his sharp warnings on economic challenges, yet his bank continues to thrive under his leadership. Despite predicting financial crises and potential recessions, Dimon’s warnings

4 months ago

Economy

BlackRock CEO Fink Warns U.S. Economy Near Recession

Economic Slowdown Due to Trump’s Tariffs BlackRock CEO Larry Fink shared his concerns on CNBC Friday, stating that he believes the U.S. economy is on the brink of recession. He noted that

5 months ago

Economy

Consumer Sentiment Hits Record Low Amid Inflation Fears

Consumer sentiment fell to unexpected lows in April, driven by rising inflation expectations. The University of Michigan’s mid-month survey revealed that consumer confidence had sharply dropped, marking the lowest reading since June

5 months ago

Economy

Wall Street Sees a Slowdown as Recession Fears Impact Markets

Investment Activity Freezes Amid Growing Recession Concerns Recent developments on Wall Street point to a significant slowdown in financial markets as concerns about a potential recession rise. Reuters reported that for three

5 months ago

Markets

US Labor Market Holds Steady Amid Growing Tariff Fears

Strong Job Gains in March, But Uncertainty Looms The U.S. labor market showed resilience in March, adding a better-than-expected 228,000 jobs and continuing a historic streak of job gains. However, the data,

6 months ago

Economy

Oil Prices Plunge as Trade War Fears Drive Market Losses

Oil Prices Drop Amid Escalating Trade War Tensions Oil prices plunged nearly 8% on Friday, heading toward their lowest close since the middle of the pandemic in 2021, as China intensified tariffs

6 months ago

Economy

Canada’s Employment Decline Reflects Tariff Uncertainty

Canada’s Job Market Takes a Hit in March Canada’s labor market showed signs of significant stress in March, as total employment fell and the unemployment rate ticked upwards. The country lost a

6 months ago

Economy

Silver Prices Drop Amid Tariff Concerns and Recession Fears

Silver Struggles Amid Economic Uncertainty Silver prices fell to over eight-week lows on Friday, as concerns over demand for the industrial precious metal intensified. Fears of a potential recession, exacerbated by U.S.

6 months ago

Markets

Wall Street Wobbles as Trump Tariffs Hit Auto Sector

Markets react to new auto import duties US stocks slipped on Thursday after President Trump pushed ahead with hefty new tariffs on auto imports, stoking concerns about a potential full-on trade war

6 months ago

Markets

Wall Street Reassesses as S&P 500 Nears Correction

A nearly 10% decline in the S&P 500 (^GSPC) has led Wall Street strategists to revaluate their bullish outlooks for 2025. Goldman Sachs Lowers S&P 500 Target On Tuesday night, Goldman Sachs’

6 months ago

Markets

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