Economists thought Trump would try to prevent a recession. That’s now in doubt.
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Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.The New York Times - 11h -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 9h -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 1d -
Risk of ‘Trumpcession’ rising, economists say, as global markets fall
Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...The Guardian - 6h -
Eye Opener: President Trump declines to rule out possible recession
President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...CBS News - 10h -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 18h -
US support to maintain UK’s nuclear arsenal is in doubt, experts say
Malcolm Rifkind joins diplomats and analysts urging focus on European cooperation to replace Trident. Britain’s ability to rely on the US to maintain the UK’s nuclear arsenal is now in doubt, ...The Guardian - 2d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - 3h -
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war
Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...ABC News - 18h
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Don’t expect Trump or Powell to bail out investors this time as stock market hits ‘danger zone’
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Apple and Nvidia led Monday’s $750 billion tech wreck. How to play the aftermath.
Trump’s policy moves are causing angst. But one analyst says the broader AI thesis is still intact, and he names Tesla and Microsoft among big potential winners.MarketWatch - 1h
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OpenAI strikes $12bn deal with CoreWeave
Contract is a boost to the cloud computing provider ahead of its $35bn initial public offeringFinancial Times - 16m -
Oracle shares turn lower as quarterly revenue miss overshadows cloud deals
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Don’t expect Trump or Powell to bail out investors this time as stock market hits ‘danger zone’
After three weeks of unrelenting declines, U.S. stocks slid into the market’s “danger zone” on Monday.MarketWatch - 33m -
Here’s how Tesla, ‘DJT’ and other Trump trades have fared since the inauguration
Shares of Tesla and Trump Media, which were seen as major beneficiaries of a Trump presidency, have lost nearly 50% since Inauguration Day.MarketWatch - 44m