U.S. Markets Swing Wildly as Trump Admin Denies 90-Day Tariff Pause Report
It was not clear where the report, that President Trump was considering a pause on his expansive tariffs, had originated. The White House called the claim “fake news.”
Posted inCustoms (Tariff) Federal Reserve System Goldman Sachs Group Inc Morgan Stanley Nasdaq Composite Index National Bureau of Economic Research Powell, Jerome H Recession and Depression Russell 2,000 Stock Index S & P Dow Jones Indices Standard & Poor's 500-Stock Index Stimulus (Economic) Stocks and Bonds Trump, Donald J United States United States Economy
What Is a Bear Market? Are We in One?
A bear market occurs when stocks fall 20 percent from a recent peak. As global markets continue their meltdown, here’s what it means for your money and the economy.
Posted inBanking and Financial Institutions Customs (Tariff) Dimon, James International Trade and World Market JPMorgan Chase & Company United States Economy United States Politics and Government
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.
Britain Eases Rules on Electric Vehicles as Auto Tariffs Hit
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.