Latest in European banks exposed to risk of US dollar shortfall, says EU watchdog
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Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England
Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warns. China announces 84% tariffs on all US goods Dramatic sell-off of US ...The Guardian - 1d -
EU weighs up buying more US gas due to Trump tariff pressure
Bloc may push to buy more LNG from the US if it fits with green goals, says European energy commissioner Dan JørgensenFinancial Times - 17h -
Top ECB policymaker warns ‘worst-case scenarios’ are materialising
Bank of Spain governor says global investors may reassess role of US dollar as haven currencyFinancial Times - 1d -
U.S. financial regulator says email hack exposed sensitive data on banks
The breach, first disclosed and resolved in February, involved information related to the "financial condition of federally regulated financial institutions…"CNBC - 2d -
EU offered ‘zero-for-zero’ deal to US weeks before tariff announcement
Cars and other goods were to be included, according to EU trade commissioner, who says offer is still on table . The EU has said it offered the US a “zero-for-zero” tariff deal on cars and ...The Guardian - 2d -
EU could tax Big Tech if Trump trade talks fail, says von der Leyen
European Commission president tells FT she wants ‘balanced’ deal but could hit US services in retaliationFinancial Times - 1h -
EU hits back at Trump, US with tariffs on US goods
Member states of the European Union (E.U.) have agreed to tariffs on a range of U.S. products in response to President Trump's sweeping new import taxes. EU states voted Wednesday to “introduce ...The Hill - 1d -
Trump tariffs risk higher prices and make US recession more likely, says JP Morgan boss
Jamie Dimon believes effect of policy may be ‘hard to reverse’ if maintained for too long. European markets slump Business live – latest updates The JP Morgan chief executive, Jamie Dimon, ...The Guardian - 3d -
Trump’s tariffs are ‘teeing up a nationwide recession’, says Chuck Schumer – US politics live
House democratic leaders also condemn tariffs as group backed by Trump allies mount legal challenge to stop tariffs. EU ministers are in Luxembourg to consider the European Union ’s response to ...The Guardian - 3d -
The Fed shouldn’t try to save the world from Trump tariffs
Given its record, the risk is that the US central bank will do just thatFinancial Times - 3d -
EU chief welcomes Trump's pause but quiet about the bloc's own retaliatory duty plan
European Commission President Ursula von der Leyen has welcomed President Donald Trump’s decision to temporarily halt most U.S. tariffs, but she did not say whether the EU will press ahead with its ...ABC News - 11h -
EU 'ready to negotiate' on Trump tariffs, von der Leyen says
The European Union is “ready to negotiate” with the United States after President Trump issued sweeping tariffs last week, European Commission President Ursula von der Leyen said at a press ...The Hill - 3d -
EU set to drop bourbon from retaliatory tariffs list against US
French commissioner Stéphane Séjourné signals Brussels is caving in to pressure from European alcohol industryFinancial Times - 3d -
EU suspends retaliatory 25% tariffs on US goods after Trump U-turn
‘We want to give negotiations a chance,’ says Ursula von der Leyen in announcement of 90-day pause. We’ve been spared financial Armageddon, but Trump’s tariff chaos is far from over The EU has ...The Guardian - 10h -
Trump tariffs risk large euro-area ‘demand shock’, Greece’s central bank governor warns
Yannis Stournaras says looming trade war will drag on growth and inflationFinancial Times - 3d -
Will iPhones cost more in the US because of Trump's tariffs on China?
Some analysts say that if costs incurred by tariffs pass to consumers, US iPhone prices could rise by hundreds of dollars.BBC News - 5h -
Wells Fargo’s AI assistant just crossed 245 million interactions – no human handoffs, no sensitive data exposed
Wells Fargo’s generative AI assistant, Fargo, surpassed 245 million interactions in 2024 using a model-agnostic architecture powered by Google’s Flash 2.0. The bank’s privacy-forward orchestration ...VentureBeat - 2d -
Ex-Fed bank leader: Trump tariffs dramatically raise risk of 'Smoot-Hawley type outcome'
Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk severely worsening the economy, in a way that mirrors the consequences ...The Hill - 3d -
Starmer criticises watchdog's benefits forecasts
The PM says he "struggles" with how the Office for Budget Responsibility calculates the impact his policies.BBC News - 2d -
China and North Korea aid to Russia poses security risk in Indo-Pacific region, says top US commander
Beijing and Pyongyang are aiding Russia in its war against Ukraine, and Moscow in turn is assisting their militaries. The top US commander in the Pacific has warned senators that the military ...The Guardian - 2h -
EU drug companies warn of exodus to US as Trump threatens import tariffs
Von der Leyen urged to take ‘rapid and radical action’ as president says tariffs on pharmaceuticals coming ‘shortly’. The Irish villages under threat from Trump’s tariffs . Pharmaceutical ...The Guardian - 1d -
EU putting tariff countermeasures on hold for 90 days after Trump pause
The European Union (EU) is putting its retaliatory tariffs on hold for 90 days after President Trump instituted a pause on his sweeping duties for most U.S. trading partners, European Commission ...The Hill - 9h -
US tariffs create ‘urgent’ problem for Germany, says Merz
Chancellor-in-waiting comments after Donald Trump announced 20% levies on all European exportsFinancial Times - 3d -
Relevent, US Soccer settlement clears way for European league games in US
Relevent owns commercial rights for Uefa competitions Fifa, a former defendant, studying changes to policy The long-running legal saga between the US Soccer Federation and US-based sports event ...The Guardian - 3h -
US, China trade war exposes tech vulnerabilities
{beacon} Technology Technology The Big Story Tech firms vulnerable in escalating China trade war President Trump’s escalating trade war with China is putting a spotlight on the various ...The Hill - 1d -
How to de-Americanify European companies
Trump’s tariffs have prompted businesses across the pond to question ties that have bound them to the USFinancial Times - 1d -
EU to build AI gigafactories in €20bn push to catch up with US and China
Up to five sites with power-hungry supercomputers and datacentres planned to drive AI ‘moonshots’. Europe live – latest updates The EU has revealed details of a €20bn (£17bn) plan to create ...The Guardian - 1d -
U.S. teen fatally shot in Israeli-occupied West Bank
A 14-year-old American-Palestinian boy was gunned down in the Israeli-occupied West Bank. His father says "it was a field execution."CBS News - 2d -
Billionaire Trump backer warns of 'economic nuclear winter' over tariffs
Bill Ackman says the US president should pause his planned import taxes - or risk shattering investors' confidence.BBC News - 3d -
What bank earnings say about the economy and investment climate may not be as clear this time
The nation's largest banks kick off first-quarter earnings this week as global markets whipsaw and recession odds fluctuate.CNBC - 1h -
BoE warns of possible ‘further sharp correction’ in markets after tariff turmoil
Central bank warns UK economy is particularly exposed to volatility triggered by Donald Trump’s policiesFinancial Times - 1d -
How This Startup Came to Dominate the Billion-Dollar NIL Market
More than 100,000 college athletes use Opendorse to earn money off their names, images, and likenesses.Inc. - 2d -
What Will Trump’s Tariffs Do to EU-China Trade Relations?
The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.The New York Times - 6d -
‘Coalition of the willing’ meets at Nato — without the US
Also in this newsletter: The EU’s new ombudsman probes ‘revolving doors’Financial Times - 16h -
NOAA Staffing Cuts Threaten Years of Salmon Harvests
In Washington, where salmon is a multibillion dollar industry, government staff terminations and budget freezes may put salmon production at risk.The New York Times - 1d -
Universal will build its first European theme park on a site near London
Universal says it has chosen the homeland of Harry Potter to build its first theme park and resort in EuropeABC News - 19h -
Kevin O'Leary presses Trump on EU tariff deal: 'Huge opportunity'
“Shark Tank” investor Kevin O’Leary is urging President Trump to agree to a "zero-for-zero" tariff deal proposed by the European Union, billing it as a “huge opportunity” that will lead to a ...The Hill - 2d -
Luxury Fashion Brands Are ‘Biting Their Nails’ Over EU Tariffs
As tariffs on the European Union take effect, luxury goods makers are “biting their nails” over their treasured “Made in France” or “Made in Italy” products.The New York Times - 1d -
How Italy could decide the EU’s response to tariffs
The country will effectively have deciding vote on whether to hit back hard against US tariffsFinancial Times - 3d