A budding trade war between China and the U.S. threatens to bring the cost of homebuilding materials further up.
JPMorgan CEO, Jamie Dimon, explained that higher costs of imported goods would affect consumers, while increased demand for ...
President Trump's recent tariff hikes have rattled Wall Street, sparking recession fears among economists. Goldman Sachs ...
The last thing U.S. markets need right now is a war of words between the White House and the Federal Reserve, yet they may ...
Economists at Goldman Sachs have raised their assessment of the odds the US will experience a recession — where the economy shrinks and unemployment rises — to 45 per cent, from 35 per cent last week.
The Commerce Ministry statement said the U.S.‘s imposition of “so-called ‘reciprocal tariffs’” on China is “completely ...
Wall Street is coming off its worst week since the advent of the pandemic, shedding over $5 trillion in value amid Trump's tariff plans.
Donald Trumps threat, which he delivered on social media, came after China said it would retaliate against US tariffs ...
In a striking statement, Federal Reserve Chair Jerome Powell has highlighted the potential long-term implications of President Donald Trump's sweeping tariffs on the U.S. economy. As inflation ...
A weaker dollar (DX=F, DX-Y.NYB) could amplify inflation for US consumers, potentially making tariffs more impactful. Jane ...
Trump outlined sweeping plans on Wednesday to apply a minimum 10% tariff on imports to the U.S., with higher rates applied to China and European Union members. China hit back Friday with a 34% ...