Billionaire investor Ray Dalio warns that the US is nearing a recession, influenced by Trump's tariffs. He predicts that mishandling the economic situation could lead to a catastrophe worse than a recession.
Major U.S. banks reported better-than-expected profits in Q1, but executives warn of looming economic challenges due to tariffs. Could this be a sign of turbulent times ahead for the financial sector?
In a bold move, President Trump is imposing a staggering 104% tariff on all Chinese imports, escalating tensions between the US and China. This decision, backed by White House Press Secretary Karoline Leavitt, comes in response to China's retaliatory tariffs. As US stocks react, experts warn of potential layoffs and economic repercussions.
As Nintendo prepares for the Switch 2 launch, President Trump's tariffs could lead to a price increase. Doug Bowser addresses the challenges and delays in preorders amid rising market concerns.
Stay updated on the Trump presidency as we delve into the latest on tariffs impacting the economy, shocking military leaks, and significant job cuts in federal agencies. What does this mean for America?
In a surprising move, four Republican senators defied President Trump and voted with Democrats to block his controversial tariffs on Canada. This bipartisan effort raises questions about the future of U.S.-Canada trade relations.
In a bold response to U.S. tariffs, China's Ministry of Commerce pledges resolute counter-measures, labeling Trump's actions as unilateral bullying. Other countries join the fray, increasing tensions globally.
Tokyo stocks experienced a dramatic drop on the last day of Japan's fiscal year, with the Nikkei index plunging 4% to a seven-month low, fueled by fears over U.S. tariffs impacting the economy.
Consumer confidence has hit a 12-year low, with future expectations plummeting, raising recession fears. This decline reflects growing concerns over the economy, job availability, and recent tariff proposals. Are we heading for tougher times ahead?
The Federal Reserve has cut its growth forecast, citing President Trump's tariffs as a key factor driving up prices. With inflation expectations rising, the Fed remains cautious about future economic policies.