In a surprising twist, the Trump administration and China have agreed to scale back tariffs as they seek to negotiate a ceasefire in their escalating trade war. This move could reshape the global economy and impact consumers in unprecedented ways.
U.S. President Trump's unexpected tariffs could spark stagflation, warns Fed Chair Powell. With inflation rising and economic growth slowing, the market braces for potential turmoil. Learn how this impacts the economy and stock market.
Stock futures remained steady as the Federal Reserve kept interest rates unchanged amidst rising inflation and unemployment risks. Fed Chair Powell warned of economic uncertainty, leaving investors anxious about a potential recession.
The April jobs report is poised to reveal how President Trump's recent tariff announcements are impacting the U.S. economy. Will we see strong job growth or signs of a looming recession?
A drastic drop in cargo shipments is impacting West Coast ports, with officials warning of rising unemployment and inflation due to tariffs. Longshore workers voice concerns about the immediate effects on their jobs and consumer goods availability.
As President Trump reaches his 100th day in office, the economy shows signs of distress with slowing growth, a plunging stock market, and a significant dip in consumer confidence, raising fears of a recession.
As the US-China trade war escalates, China aims to boost domestic consumption to counteract the impact of high tariffs. But with sluggish recovery and high unemployment, can this strategy succeed?
A U.S. appeals court has ruled that 18 federal agencies can fire thousands of probationary workers reinstated after a previous court decision. This ruling could lead to a significant rise in unemployment claims amidst ongoing legal battles.
In a controversial decision, the Supreme Court has blocked the reinstatement of 16,000 federal workers previously fired by the Trump administration. This ruling complicates ongoing litigation and raises questions about federal employment practices.
The White House is considering a dramatic 20% tariff on most imports, potentially plunging the U.S. into recession. Will Trump's aggressive trade strategy save American jobs or harm the economy?
