Latest in Midterms Economy Wobbly
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Trump backs down on tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump relieves GOP, markets with tariff reversal President Trump’s decision to ...The Hill - 1d -
Trump-China trade war escalates
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Stocks slide as Trump’s trade war spooks Wall Street Stocks slid Thursday as ...The Hill - 57m -
Tariffs have shaken the markets - how worried should we be?
Workers are right to fear for their pensions, but the greater worry is the here and now - the economy they live in.BBC News - 3d -
Starmer vows not to raise taxes despite Trump’s tariffs
Prime minister says he will ‘seize the opportunity’ to make the economy more secureFinancial Times - 3d -
Trump tariffs spark US government debt sell-off
The cost of borrowing for the US government rose as confidence in the economy waned.BBC News - 1d -
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets tumble.CNBC - 3d -
Here’s one key thing you should know about Trump’s shock to the world economy: it could work | James Meadway
It’s hard to say if the president truly knows what he’s doing. But there is a precedent for the US causing short-term chaos and reaping long-term gain. It’s less than a week since Donald Trump’s ...The Guardian - 3d -
Costco backs up its status as a retail winner during a cloudy time for economy
The membership retailer's March sales were better than expected.CNBC - 4h -
US markets close with steep losses as Trump tariffs branded ‘worst self-inflicted wound’ by a successful economy – business live
Wall Street stocks tumbled again as investors remain jittery while former US treasury chief criticises Trump’s economic policy. China and the European Union have exchanged views on strengthening ...The Guardian - 3h -
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 - 3h -
‘Still way too much chaos in economy’ despite Trump’s pause on some tariffs: Democratic senator
Sen. Gary Peters (D-Mich.) said it was the right decision for President Trump to “push the pause button” on tariffs but the decision to rollback some tariffs did not “fix the situation” as markets ...NBC News - 3h -
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 - 6d -
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 - 5d -
Myanmar's fatal quake deepens political turmoil with no path to peace, experts say
The deadly earthquake has jolted a nation devastated by a brutal civil war that displaced millions and decimated its economy.CNBC - 3d -
In Miami, Venezuelan-born Entrepreneurs Are Fearful
The economy has always benefitted from immigrants. They now feel targeted by the Trump administration.Inc. - 3d -
Is the US heading for a recession? Three warning signs to watch
Michelle Fleury explains the factors to watch in the economy after President Trump’s tariff announcements.BBC News - 2d -
Jon Stewart Can’t Stomach Trump’s Stock Market ‘Medicine’
The “Daily Show” host said America’s economy was “in the midst of a beautiful metamorphosis, turning from a simple caterpillar into a dead caterpillar.”The New York Times - 2d -
UK hails new theme park as ‘vote of confidence’ in Britain
Sir Keir Starmer to confirm Universal visitor attraction that will bring an estimated £50bn boost for the economyFinancial Times - 2d -
Bangladesh pledges US cotton purchases to save garment sector
Trump’s tariff plans threaten clothing industry vital to South Asian nation’s economyFinancial Times - 1d -
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 -
Universal to build one of Europe's biggest theme parks in UK
The company says the new site is expected to create 28,000 jobs and generate £50bn for the economy.BBC News - 1d -
The world's two largest exporters are facing down Trump's tariffs very differently. Here's why.
President Trump has upended the global economy by slapping tariffs on two of the world's largest exporters — China and the EU.NBC News - 1d -
Can Tim Cook Save Apple From Being Crushed by Trump?
You will probably have to pay a lot more for your next iPhone. That’s bad news for Apple, for our markets and for our economy.The New York Times - 1d -
CNBC and Fox Business See Viewership Soar Amid Market Chaos
Viewership of Fox Business and CNBC has soared since President Trump’s tariffs created chaos in the global economy.The New York Times - 1d -
Late Night Finds Trump to Be His Own Worst Enemy
“Yeah, Trump was, like, ‘I just saved the economy from me. You’re welcome,’” Jimmy Fallon said on “The Tonight Show.”The New York Times - 17h -
You had questions about tariffs. Here's what to know.
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.CBS News - 11h -
Airline stocks get a nasty dose of wind shear
Leisure travel is usually one of the first things to suffer when consumers feel anxious about the economyFinancial Times - 8h -
Trump’s Trade War Is Strengthening China’s Soft Power
President Trump’s tariffs are boosting China’s global image even as they threaten to decimate its economy.Wired - 2h -
Trump's new tariff on China is 'more of an embargo,' Jim Cramer says
CNBC's Jim Cramer on Thursday gave investors his read on what steep tariffs on China mean for the U.S. economy.CNBC - 1h -
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 - 6d -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 3d -
Emirates President Tim Clark warns of 'uncharted territory' as tariffs hit global aviation
"It involves a measure of reset to a level that the global economy probably hasn't seen since the financial crisis of 2008-2009," the Emirates president said.CNBC - 2d -
How China’s record trade surplus helped spark Trump’s tariff war
Beijing’s domination of global trade has led to a schism between the world’s two largest economies — and left many others worried about their industriesFinancial Times - 1d -
Wilbur Ross: Tariffs are ‘typical Trump’ high-risk, high-reward play
As the White House presses ahead with sweeping tariffs on dozens of nations that could upend the global economy, President Trump's former Commerce secretary sees it as “typical Trump.” “This is ...The Hill - 1d -
Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing
Walmart said its Walmart+ members account for about half its e-commerce sales, a key source of revenue as tariffs raise worries about the economy.CNBC - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
U.S. oil falls back below $60 per barrel as traders focus on escalating U.S.-China trade war
Trump's decision to increase tariffs on China, the world's second-largest economy and biggest crude importer, to an eye-watering 125% weighed on the market.CNBC - 10h