U.S. stock futures experienced a dramatic drop following President Trump's announcement of sweeping tariffs, raising fears of a global trade war. Major companies like Nike and Apple faced significant losses, with the S&P 500 heading into correction territory.
As Trump prepares to unveil a 20% tariff on most imports, global markets brace for impact. Will this bold move spark a trade war? Experts warn of rising inflation and economic uncertainty.
In a surprising turn, US employers have reduced their hiring plans, with federal government layoffs reaching the highest levels in over four years. The latest labor data reveals a concerning drop in job openings, signaling potential economic turbulence ahead.
The stock market took a hit on Friday as inflation worries and looming tariffs rattled investors. With significant declines across major indexes, experts warn of a continued slowdown in consumer activity and economic uncertainty.
Wall Street's primary indexes showed mixed signals as consumer confidence declines. Despite Trump's leniency hints on tariffs, fears of a trade war continue to loom, impacting market sentiment and Tesla's sales.
As U.S. stock futures rise, the dollar's stability remains in question with looming tariff hikes and mixed global economic data. Investors are on high alert amid fears of a recession and shifting market dynamics.
Stocks are in a downward spiral, facing their worst weekly losing streak in nearly two years. As tech giants falter and inflation rises, concerns grow over the U.S. economy's future. What does this mean for investors?
The Bank of England has decided to keep interest rates at 4.5% as the U.K. faces economic uncertainties, including global trade tensions and signs of domestic stagnation. With inflation rising and growth forecasts slashed, what does this mean for consumers?
The EUR/USD currency pair has fallen to near 1.0830 as ECB President Lagarde warns that US tariffs could hinder Eurozone growth. Meanwhile, the Fed maintains interest rates, impacting the dollar's strength.
As the Federal Reserve prepares to hold interest rates steady, tensions rise over Trump's impending tariffs. Experts warn of a potential trade war that could destabilize the U.S. economy, complicating the Fed's path forward.