trade tariffs

2 months ago

Puma Shares Plunge Amid Weak Forecast and Slow Growth

Puma SE shares dropped by as much as 25% on Wednesday, marking the largest decline on record, after the sneaker maker posted weaker-than-expected results and projected another sluggish year ahead. The stock

germany-slashes-2025-gdp-forecast-to-0.3%-amid-stagnation

Economy

3 months ago

Germany Slashes 2025 GDP Forecast to 0.3% Amid Stagnation

Germany’s economy is struggling to gain momentum, with the government cutting its 2025 GDP growth forecast to just 0.3%, down sharply from the previous projection of 1.1%. Economy and Climate Minister Robert

ecb-cuts-rates,-signals-more-easing-in-march

Economy

3 months ago

ECB Cuts Rates, Signals More Easing in March

ECB-Cuts-Rates-Signals-More-Easing-in-March The European Central Bank (ECB) cut interest rates on Thursday and signaled another reduction in March as concerns over economic stagnation outweigh persistent inflation fears. This marks the fifth ECB rate

Canadian Retail Sales Drop in February

Canadian retail sales experienced a 0.4% decline in February compared to January, totaling C$69.33 billion ($49.95 billion), according to Statistics Canada. The decrease was largely driven by lower sales at motor vehicle

6 days 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

3 weeks ago

Economy

Stocks Rally as Fed Maintains Rate Cut Outlook for 2025

S&P 500, Dow, and Nasdaq Post Strong Gains U.S. stocks surged on Wednesday, recovering more of the losses accumulated since late February that briefly pushed the S&P 500 into correction territory. The

1 month ago

Markets

Stocks Recover Some Losses Amid Rising Trade Tensions

Stocks clawed back a portion of their earlier losses on Tuesday as investors attempted to navigate the latest escalation in global trade tensions. Market Overview The Dow Jones Industrial Average dropped 270

2 months ago

Markets

UK Economy Grows 0.1% in Q4, But Trump’s Tariff Threat Looms

UK GDP Growth Defies Expectations The UK economy grew by 0.1% in the fourth quarter of 2024, outperforming expectations of a slight contraction, according to preliminary data released by the Office for

3 months ago

Economy