Latest in Economic Promises Stand
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S&P 500 and Dow slide in worst day of 2025 amid economic worries
Stocks fell sharply after reports signaled concerns that President Trump's policies could be impacting the U.S. economy.CBS News - Feb. 21 -
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.NBC News - Feb. 21 -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - Feb. 25 -
10-year Treasury yield ends at nearly 11-week low as economic concerns build
Yields on 2- and 10-year U.S. government debt fell for a fifth straight session on Tuesday as traders considered the risks of slowing global growth and a potential domestic recession.MarketWatch - Feb. 25 -
Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits hit their highest level of the year last week.CNBC - 6d -
Friday’s ‘economic blackout day’ boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?
One day can make a difference to retailers, but the biggest impact of the 24-hour economic blackout protest could be the message it sends about the mood among consumers right now.MarketWatch - 5d -
The People’s Union USA’s ‘Economic Blackout’ Organizer Served Jail Time on Sex Charge
John Schwarz, who organized a viral shopping boycott, was previously registered as a sex offender after pleading guilty to “disseminating voyeuristic material.”The New York Times - 4d -
A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents
Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade ...ABC News - 3d -
Treasury Secretary says Ukraine economic deal off after Zelenskyy "chose to blow that up"
Treasury Secretary Scott Bessent tells "Face the Nation with Margaret Brennan" that the economic deal with Ukraine is off the table after the heated Oval Office meeting — which Bessent attended — ...CBS News - 3d -
Treasury Secretary says Ukraine economic deal is not on the table after Zelenskyy "chose to blow that up"
Treasury Secretary Scott Bessent said an economic deal with Ukraine is not currently on the table after a contentious Oval Office meeting.CBS News - 3d -
A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents
Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade ...ABC News - 2d -
China kicks off annual parliamentary meeting as investors watch for clues on economic policy
Thousands of delegates across the country gathered in Beijing for the country's biggest political event of the year, known as the "Two Sessions."CNBC - 1d -
K-pop stocks defy South Korea's political and economic woes — as well as Trump tariff threats
There is one sector that has offered hope to investors this year. One of South Korea's largest cultural exports: K-pop.CNBC - 13h -
Latest negative economic data is 'Biden data' and Trump will fix it, Commerce chief Lutnick says
The stock market dropped sharply in recent days as investors worried about the effects of President Donald Trump's new tariffs on Canada and Mexico.CNBC - 2h