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Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - 5d -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 3d -
Gold hits record high over $3,000 amid rising geopolitical tensions; Pound at $1.30 against weakening US dollar – business live
Rolling coverage of the latest economic and financial news, as gold hits $3,027 per ounce. Gold is continuing to hit new heights this morning – it’s now trading at $3,027 per ounce. . “In the ...The Guardian - 2d -
Germany OKs huge boost in defense spending as Europe gears up for new era
Germany’s parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a ...NBC News - 2d -
5 questions facing the Fed ahead of its rate decision
The Federal Reserve is expected to keep interest rates steady Wednesday despite growing concerns about the strength of the U.S. economy. Measures of economic confidence spanning consumers, ...The Hill - 1d -
Ex-Roma CEO Guido Fienga recalls failed stadium project: “One billion euros up in smoke.”
Former Roma CEO Guido Fienga recalled the failed stadium project during James Pallotta’s ownership of the club.The current director of the Saudi fund PIF, spoke at the Festival of Law and Economics ...Yahoo Sports - 23h -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - Mar. 9 -
Mark Carney to be next Canada PM after winning Liberal leadership race
Former central banker will be only second prime minister in Canadian history without a seat in parliament. ‘Boring guy’ whose economic acumen could help Canada tackle Trump Mark Carney, the ...The Guardian - Mar. 9 -
Pennsylvania Dem: 'Trump slump has already begun'
Rep. Brendan Boyle (D-Pa.) said Sunday that the negative consequences of President Trump’s economic policies have already begun to take effect. “You know, the reality is, as the data from the ...The Hill - Mar. 10 -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - Mar. 10 -
Dow falls almost 900 points as Trump declines to rule out possible recession
CNBC Senior Markets Correspondent Bob Pisani reports from the New York Stock Exchange on the market sell-off. NBC News Correspondents Kelly O’Donnell, Brian Cheung and Jay Gray discuss the fears ...NBC News - Mar. 10 -
Bill O'Reilly: Trump should be 'looking to reassure Americans' on economy
Former Fox News host Bill O'Reilly believes President Trump should be concerned about getting his economic message across as Americans face the rocky impact of his tariff policies and continued ...The Hill - Mar. 11 -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - Mar. 11 -
‘They turned our home into a cemetery’: the high price of El Salvador’s Bitcoin City dream
Mangroves are being destroyed and residents displaced to make way for an airport to serve president Nayib Bukele’s vision of a tax-free economic hub. When Nayib Bukele launched his presidential ...The Guardian - Mar. 12 -
CNBC reporter: Trump's tariffs moves 'absolutely insane'
CNBC reporter Steve Liesman blasted President Trump over his trade policies and broader economic strategy in the wake of a struggling stock market this week. "I'm going to say this at the risk of ...The Hill - Mar. 12 -
Watch: Trump, Johnson host Irish leader for Capitol luncheon
President Trump and Speaker Mike Johnson (R-La.) welcomed Irish leader Micheál Martin for the "Friends of Ireland" luncheon Wednesday afternoon at the Capitol. The visit comes as Trump faces ...The Hill - Mar. 12 -
Half say Trump policies making economy worse: Poll
Half of Americans in a new poll say President Trump’s policies have made the U.S. economy worse in his first seven weeks in office. In a CNN poll released Thursday, 51 percent of respondents say ...The Hill - Mar. 13