Fed Chair: Tariffs Likely to Raise Inflation, Slow Growth
The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.... [Full Story]
Bessent: Stock Drop a 'Mag 7' Problem
The stock market plunge has more to do with the surprise emergence of [Full Story]
JPMorgan Chase Raises Recession Odds to 60%
J.P.Morgan ratcheted up its odds for a U.S. and global recession to [Full Story]
Trump Extending TikTok Deadline for 75 Days
President Donald Trump Friday said is signing an executive order to [Full Story]
Oil Dives Nearly 8% to Lowest Since Pandemic
Oil prices plunged nearly 8% Friday, heading for their lowest close [Full Story]
Walmart May Join Investor Group to Buy TikTok
Walmart is considering joining a group of investors to buy short [Full Story]
Trump Scores Win With Vietnam on Tariffs
President Donald Trump on Friday said he had a "productive" call with [Full Story]
Trump: 'Perfect Time' for Fed to Cut Interest Rates
U.S. President Donald Trump on Friday called on Federal Reserve [Full Story]
Stellantis Extends Employee Discount to Public
Chrysler-parent Stellantis is extending its employee-discount program [Full Story]
Retail Investors Buy $4.7 Billion of Stocks
Retail investors bought $4.7 billion in stocks Thursday, the highest [Full Story]
Dow on Correction Path as China Strikes Back
The Dow fell 10% from its record closing high in December, putting it [Full Story]
Nasdaq Set to Confirm Bear Market
The tech-heavy Nasdaq Composite index was set to confirm it was in a [Full Story]
Fed's Powell to Weigh in Amid Tariff Fray, Stock Drop
With sweeping new U.S. tariffs now in play globally and markets [Full Story]
China Hits Back With Rare Earth Export Controls
China placed some rare earth elements under export restrictions [Full Story]
US Job Growth Beats Expectations in March
The U.S. economy added far more jobs than expected in March, but [Full Story]
German Economist: Trump Tariffs Saving US
A tremor ripples through the world of numbers, a harbinger of a new [Full Story]
US Postpones Three Energy Efficiency Mandates on Home Appliances
The U.S. Energy Department said on Monday it is postponing the [Full Story]
Tech, Bank Stocks Bear the Brunt of Market Rout
U.S. tech heavyweights, banks and oil majors extended losses Friday [Full Story]
Global Money Market Inflows Surge by $30B
Global money market funds saw massive inflows in the week ending [Full Story]
China to Retaliate With 34% Tariffs Starting April 10
China Friday announced a slew of additional tariffs and restrictions [Full Story]
Inflation Worse Than Reported - and Fed Wants It That Way, Expert Says
When the Labor Department announced that the consumer price index [Full Story] | platinum
$2.4 Trillion in Stock Valuation Wiped Out
U.S. companies had $2.4 trillion of valuation wiped out Thursday [Full Story]
Wall Street Rout Drags Nasdaq Near Bear Market
Wall Street fell sharply for a second straight session Friday, [Full Story]
Investors Flee US Equity Funds on Escalating Tariff Concerns
U.S. equity funds saw outflows in the week ending April 2 as [Full Story]
Peter Morici
Twitter @pmorici1
President Donald Trump has threatened 100% tariffs on BRICS nations for exploring an alternative to the... [Full Story]
Max Baecker
Gold is on fire. Over the past year, prices have skyrocketed nearly 27%, shattering records and soaring past... [Full Story]
Michael Busler
The most recently released economic numbers don't look good. The rate of inflation which had inched down the... [Full Story]
Lance Roberts
Following the latest Federal Reserve meeting, there was a massive surge in media headlines stating... [Full Story]
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