JPMorgan now sees a US recession this year
In a major shift on Wall Street, JPMorgan has officially become the first big bank to forecast a U.S....
Tariffs
TikTok Sale Stalls As China Rejects Trump Deal After Tariff Escalation
The fate of TikTok in the U.S. hangs in the balance once again, as Beijing signals it will not...
The S&P 500 just had its worst day since March 2020—closing down 6%
In a stunning rout not seen since the early days of the pandemic in March 2020, U.S. markets plunged...
China announces extra 34% tariffs on US goods
China hits back hard—matching Trump’s shockwaves with its own. China has officially announced a sweeping 34% tariff on all...
‘I feel like a sucker’: Jim Cramer says he was wrong to have believed Trump on tariffs
CNBC’s Jim Cramer, long known for his bold market calls and unapologetic commentary, delivered a rare moment of self-criticism...
Powell Warns Trump Tariffs Risk Sparking Higher Inflation
Federal Reserve Chair Jerome Powell has raised the alarm unemployment. “While uncertainty remains elevated, it is now becoming clear...
Trump: ‘Markets Are Going to Boom’
While Wall Street digests the shockwaves from sweeping reciprocal tariffs, President Donald Trump remains unfazed—and unapologetically bullish. Speaking Thursday...
Here’s What Will Cost More After Trump’s Tariffs: Coffee, Cars, More
President Trump’s sweeping reciprocal tariffs—rolled out on “Liberation Day”—have sent ripple effects across global supply chains and consumer wallets....
This Is the Largest Tax Shock in Nearly 60 Years
In the aftermath of President Trump’s sweeping tariff rollout, Wall Street analysts are scrambling to revise their economic forecasts...
‘No Winner In A Trade War’: China, EU And Others React To Trump’s Reciprocal Tariffs
President Donald Trump’s sweeping tariff announcement — a 10% baseline levy on all imports and targeted reciprocal rates of...