JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC,…
Global Economy News, Financial Trends & Market Analysis
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Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite
A container ship is shown at the Port of Los Angeles in Los Angeles, California, U.S. November 22, 2021. Mike…
Businesses are already trying to pass tariff costs onto customers, Fed report says
Businesses dealing with the early stages of President Donald Trump’s tariffs are looking for ways to pass increasing costs onto…
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The International Monetary Fund forecasts U.S. tariffs will help lower the country’s fiscal deficit a touch in 2025 even as…
If Trump wants rate cuts, he would likely need to replace the Fed’s full board along with Powell
U.S. President Donald Trump speaks to the media during the annual White House Easter Egg Roll, on the South Lawn…
Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high’ start, Chicago Fed chief says
Business owners and CEOs are already stocking up on inventory, and some American shoppers are panic buying big-ticket items in…
Trump’s approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds
President Donald Trump is registering the worst economic approval numbers of his presidential career amid broad discontent over his handling…
Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell ‘understood what he was doing’
U.S. President Donald Trump and U.S. Federal Reserve Chair Jerome Powell.Win McNamee | Annabelle Gordon | ReutersPresident Donald Trump on Friday…
Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘tush push’ comparison
Federal Reserve Governor Christopher Waller speaks during the Clearing House Annual Conference in New York City, on Nov. 12, 2024.Brendan…
Trump’s triple-digit tariff essentially cuts off most trade with China, says economist
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025.Nathan Howard…
Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show:…
Trump says tariffs will accelerate reshoring, but experts say it’s not that easy
Arseniy45 | Istock | Getty ImagesPresident Donald Trump may hope his tariffs jump-start a renaissance in manufacturing in the United…
President Donald Trump says Fed Chair Powell should cut interest rates and ‘stop playing politics’
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump.Craig Hudson | Evelyn Hockstein | ReutersPresident Donald Trump on…
U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%
Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the…
The Federal Reserve is not likely to rescue markets and economy from tariff turmoil anytime soon
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump.Craig Hudson | Evelyn Hockstein | ReutersNow that President Donald…
German inflation falls to 2.3% in March, backing bets for ECB rate cut
Customers shop for fresh fruits and vegetables in a supermarket in Munich, Germany, on March 8, 2025.Michael Nguyen | Nurphoto…
Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher…
Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows
A shopper pays with a credit card at the farmer’s market in San Francisco on March 27, 2025.Bloomberg | Bloomberg…
Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase,…
#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
Christina Locopo | CNBCFor economists, harbingers of a recession can include a slowdown in consumer spending and rising unemployment.For the…
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