In a fierce response to Moody's credit downgrade, White House communications director Steven Cheung calls out the rating agency's economist, Mark Zandi, labeling him a political adversary of Trump. As Congress debates a new tax package, concerns about the U.S.'s soaring $36 trillion debt continue to mount.
After a tumultuous trading session, Asia's financial markets are showing signs of optimism, with Japan's Nikkei leading the gains. Analysts attribute this rebound to a natural market bounce and developments in US-China trade relations.
A shocking analysis reveals that President Trump's tariff formula is based on flawed assumptions, leading to inflated rates that perplex economists. Discover how adjustments could drastically change the tariff landscape.
