Latest in Economy Turmoil
Sort by
138 items
-
Private companies added 155,000 jobs in March, more than expected, ADP says
Payroll gains were stronger than expected in March, countering fears that the labor market and economy are slowing.CNBC - 4d -
To Counter Trump’s Tariffs on Goods, Countries May Hit Back at US Services
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.The New York Times - 3d -
Trump Announces Tariff—Get Ready for a Recession
Investors, consumers, executives, and traders were already losing confidence in the economy before today.Inc. - 3d -
Rolls-Royce in talks over UK subsidies for new engine development
FTSE 100 group believes the £3bn narrow-body project could deliver a step change in British economyFinancial Times - 3d -
EU ready to retaliate against Trump’s tariffs, says von der Leyen
Commission president warns global economy will ‘massively suffer’ from US trade barrageFinancial Times - 3d -
Will Trump’s ‘liberation day’ tariffs drag US into recession?
President’s move to rip up global trade rule book will hit an economy already losing momentum, say economistsFinancial Times - 3d -
Trump’s trade onslaught imperils chance of China ‘grand bargain’
‘Hard decoupling’ between world’s two largest economies could derail negotiations covering TikTokFinancial Times - 3d -
Oil slides as Opec+ lifts output and tariffs spark global growth fears
Unexpected increase in supply comes as concern over world economy hits several commoditiesFinancial Times - 2d -
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.The New York Times - 2d -
S&P 500 Drops 4.3 Percent as Trump’s Tariffs Shock Markets
The S&P 500 is on track for its worst day since Covid shattered the global economy five years ago.Inc. - 2d -
Higher inflation, shaky markets: What to expect from Trump's tariff policies, according to economists
Trump's tariffs are likely to roil the economy, experts say. But they shouldn't derail your long-term plans.CNBC - 2d -
Trump’s Tariffs Follow Anger Over Trade Imbalances and Lost Manufacturing Jobs
Economists and legal experts question how the strongest economy in the world can be facing a national emergency over the trade deficit.The New York Times - 2d -
Trump tariffs trigger steepest US stocks drop since 2020 as China, EU vow to hit back
Nike and Apple were among brands worst hit, but Trump maintained the US economy would ultimately "boom".BBC News - 2d -
CNBC's Inside India newsletter: How far is India from creating its own DeepSeek?
India's growing economy and tech-savvy population position it well to create a DeepSeek competitor. But the country faces obstacles in reaching that outcome.CNBC - 2d -
Inflation fears add to pressure on Fed
Bets on surging import prices show concern that US economy is slowing sharply or even flirting with recessionFinancial Times - 2d -
China hits back at Trump with 34% tariff on U.S. imports
China announced a 34% tariff on all U.S. imports on Friday, escalating trade tensions between the world’s two biggest economies.NBC News - 2d -
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.The New York Times - 2d -
Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.The New York Times - 1d -
Iranian president sacks deputy for 'lavish' Antarctic cruise
President says trip by Shahram Dabiri, the vice-president for parliamentary affairs, was "indefensible" while Iran's economy suffers.BBC News - 22h -
Experts urge caution as US consumers flood stores to beat tariffs
Economists say the tariffs are expected to increase prices for everyday items and many are now raising the likelihood that the economy will fall into a recession.ABC News - 17h -
Starbucks slows India expansion as consumers tighten belts
Footfall drops as economy weakens but chain still hopes to reach 1,000-store goalFinancial Times - 10h -
Boston Faces Identity Crisis Amid Trump’s Cuts to University and Research Funding
Colleges and teaching hospitals are the cornerstones of the city’s economy — and identity. But federal funding cuts to higher education could change that.The New York Times - 5h -
For Republicans, Tariffs Pose a Risk Like No Other
Trump’s political strength is built on the economy. If it sinks, he could drag his party down with him.The New York Times - 5h -
Foreign Travelers Are Rethinking Travel to the U.S.
A growing number of travelers say they are worried about feeling unwelcome or unsafe in America and are reluctant to support the economy of a country that may be destabilizing other nations.The New York Times - Mar. 26 -
Is CoreWeave’s Debut an Ill Omen for I.P.O.s?
The A.I. company is set to make its market debut on Friday amid concerns about its business model and the health of the wider economy.The New York Times - Mar. 28 -
CoreWeave Disappoints on Opening of Trading
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy.The New York Times - Mar. 28 -
Asian stocks tumble as U.S. tariffs fuel slowdown fears
Asian share markets tumbled on Monday amid concerns that broad and steep U.S. tariffs to be announced this week could affect trade-reliant emerging economies.NBC News - 6d -
Live updates: Trump's tariffs take center stage this week
President Trump, and the economy, face a consequential week, as the president's promised reciprocal tariffs are slated to go into effect on Wednesday. Trump will announce the details of his ...The Hill - 5d -
Jeffries hammers Trump: It’s ‘recession day,’ not ‘liberation day’
House Minority Leader Hakeem Jeffries (D-N.Y.) on Wednesday hammered President Trump and congressional Republicans with accusations that they’re tanking the economy in the name of boosting it. The ...The Hill - 3d -
Trump Unveils Expansive Global Tariffs
The president said the charges, at least 10 percent on nearly all trading partners, would restore fairness, but experts warned they could destabilize the world’s economy.The New York Times - 3d -
Japan Lacks a ‘Viable Option’ for Retaliating to Trump’s Tariffs
Japan has refrained from talk of striking back at U.S. tariffs. Trade experts say that is because its inflation-strained economy limits its options.The New York Times - 3d -
Trump’s high-risk, high-reward Liberation Day tariffs
Are President Trump's Liberation Day a masterstroke of economic nationalism or a reckless gamble that could upend international trade laws and the broader economy? The smart money is on Door No.2.The Hill - 2d -
Nvidia positioned to weather Trump tariffs, chip demand 'off the charts,' says Altimeter's Gerstner
Altimeter Capital CEO Brad Gerstner told CNBC that he remains bullish on Nvidia despite President Trump's tariffs and their effect on the broader economy.CNBC - 2d -
The Job Market Has Been Resilient. The Trade War Could Be Its Undoing.
The U.S. economy has largely withstood inflation and high interest rates. But tariffs could bring new price increases and put a damper on hiring.The New York Times - 2d -
The tariffs are bad, but Britain should remember this: Trump will be gone in four years | Simon Jenkins
The UK is among those least hit by the US president’s war on the world economy. Retaliation at this point makes no sense. The tirade was astonishing. On Wednesday afternoon the world watched as the ...The Guardian - 2d -
Dow and S&P 500 continue declines as U.S. markets endure another chaotic day
The major U.S. stock indexes dropped sharply in Friday trading as President Donald Trump's historic tariffs announcement sent shock waves through the global economy.NBC News - 2d -
‘In economic terms, Trump’s tariffs make no sense at all’
President’s move has no historic parallels, but the deep uncertainty for the global economy may prove as destructive as the tariffs. From world leaders, to the tiniest manufacturers thousands of ...The Guardian - 1d -
The White House is using tariffs to restore manufacturing. Data suggests it will take time.
Data about Trump's tariffs suggests the U.S. economy is not ready for a wholesale shift to manufacturing, and that it would take years to ramp up production capabilities.NBC News - 1d -
NIH-funded research saved my life. Don't take the chainsaw to it.
The NIH is considering a catastrophic cut to indirect cost reimbursements for public universities, which would hurt the economy and real people across the country, and jeopardize the future of ...The Hill - 20h