In a bold op-ed, hedge fund billionaire Ken Griffin criticizes President Trump’s attacks on the Federal Reserve, warning that undermining its independence could lead to higher inflation and long-term economic consequences. Could this strategy backfire and hurt senior voters in upcoming midterms?
Ray Dalio, founder of Bridgewater Associates, warns that increasing inequality in the US is paving the way for autocratic leadership. He criticizes business leaders for their silence on Trump’s policies and predicts dire economic consequences.
Christine Lagarde, head of the ECB, warns that undermining the Federal Reserve's independence by President Trump could lead to severe global economic consequences. Discover the implications and ongoing tensions!
After Trump announced controversial tariffs, investor confidence plummeted, leading to a significant stock market selloff. Experts warn of potential inflation and recession as economic concerns mount.
Iran's parliament has backed a controversial move to close the Strait of Hormuz, a key oil transit route. This could lead to soaring oil prices and significant global economic repercussions. However, analysts suggest such a closure might be unlikely due to strong US military presence in the region.
U.S. Secretary of State Marco Rubio calls on China to intervene as Iran threatens to close the Strait of Hormuz following U.S. military strikes. The closure could trigger a global oil crisis.
As federal immigration raids continue in Southern California, communities are gripped by fear, leading to empty streets and shuttered businesses. Local leaders express deep concerns over the economic fallout and community safety.
A significant breakthrough in U.S.-China trade talks has led to a stock market rally and a stronger dollar, but investors remain wary of potential long-term economic consequences.
