Latest in Economy Protests
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IMF reaches $20 billion bailout deal with troubled Argentina
The IMF said it has reached a preliminary agreement with Argentina on a $20 billion bailout as President Javier Milei seeking overturn of country's old economy.NBC News - 10h -
Trump’s Tariffs Will Pummel Asia. But One Country Sees Opportunity.
Factory-led economies are panicking about the steep new tariffs. Not the Philippines, which believes its role as a manufacturing alternative to China can expand.The New York Times - 9h -
Bessent: China tariff retaliation 'a loser for them'
Treasury Secretary Scott Bessent said China’s Wednesday retaliation to the president’s trade measures will prove to be a poor choice. “They have the most imbalanced economy in the history of the ...The Hill - 7h -
The U.S. and China are copying each other, giving rise to memes and mockery
President Donald Trump wants to bring back American manufacturing in ways that would reshape the United States economy to look more like China’s.NBC News - 35m -
Harris couldn’t escape ‘being a representative of the status quo’ during campaign, Schiff says
Sen Adam Schiff (D-Calif.) tells Kristen Welker on Meet the Press that Democrats’ past failure to address “structural challenges” of the economy led to the party losing the White House in 2024.NBC News - 3d -
Stocks fall after day of wild swings as markets digest Trump's tariff reality
Wall Street ended largely lower Monday after a wild trading day as President Donald Trump escalated his trade war with aggressive tariffs that have rocked the global economy, leaving investors -- ...NBC News - 2d -
Bill Ackman warns Trump to call a timeout on trade war: 'This is not what we voted for'
Billionaire hedge fund investor Bill Ackman, who endorsed President Trump last year, is offering a stark warning about the risks of the White House’s tariff plans, arguing they could cause the ...The Hill - 2d -
Poor countries say rich world betraying them over climate pledges on shipping
Proposal that ships pay levy on emissions to fund climate action in poor countries opposed by powerful economies. Poor countries have accused the rich world of “backsliding” and betrayal of their ...The Guardian - 2d -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...The Hill - 2d -
Trump calls his tariffs a ‘beautiful thing to behold’ amid stock selloffs
Facing mounting pressure over the economy, President Donald Trump is not backing down, calling his global tariffs a “beautiful thing to behold” and arguing he’s fulfilling a campaign promise to ...NBC News - 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 - 2d -
Trump threatens additional 50 percent tariff on China
President Trump on Monday threatened to impose a 50 percent tariff on imports from China, a massive escalation of a potential trade war between the world's two largest economies. Trump's threat is ...The Hill - 2d -
Mark Cuban: Tariffs, DOGE cuts could result in 'far worse situation than 2008'
Billionaire investor Mark Cuban predicted the United States economy would be in a “far worse situation than 2008” if President Trump’s tariffs stay in place and Elon Musk’s Department of Government ...The Hill - 2d -
What Is a Bear Market? Are We in One?
A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.The New York Times - 2d -
Watch live: White House holds press briefing in wake of Trump tariff pushback
White House press secretary Karoline Leavitt will brief reporters Tuesday afternoon as concerns mount over President Trump's sweeping tariffs and its impact on the U.S. economy. The Trump ...The Hill - 1d -
Walmart is facing tariffs and recession fears, but it may have a secret weapon to keep growing
As tariffs roil the U.S. economy, Walmart may find safety in a new part of its business that’s driving more store traffic and online sales: its membership program, Walmart+.NBC News - 1d -
‘Half the place would be blown to bits’: the Irish villages under threat from Trump’s tariffs
Cork’s pharmaceutical industry, vital to the local economy, is at risk as US trade policies threaten small towns reliant on the sector. Just across the bay from the historic town of Cobh, the last ...The Guardian - 16h -
Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil
Rates on imports to US from dozens of economies rise further, with China hit by 104% tariffs. Business live – latest updates The US and China are heading towards an all-out trade war, after ...The Guardian - 13h -
GOP lawmakers fear China looms as obstacle to Trump's trade vision
Republican lawmakers fear the defiant Chinese response to President Trump’s sweeping tariffs leaves the world’s two largest economies hurtling toward a trade war that could last for months. ...The Hill - 11h -
Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil
JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald Trump’s tariffs roil financial markets.NBC News - 9h -
Trump refocuses trade war to China
President Trump increased tariffs on China to 125 percent on Wednesday, focusing his trade war for the time being on the world’s two largest economies and seeking to rally other countries against ...The Hill - 1h