The stock market fell significantly after President Trump announced widespread tariffs on April 2. The so-called “Liberation ...
US tariffs will likely cause inflation to rise and growth to slow, Federal Reserve (Fed) Chairman Jerome Powell said on Friday, also warning of an 'elevated' risk of higher unemployment.
Donald Trump administration’s tariffs “could have a persistent impact on inflation," warned Federal Reserve Chairman Jerome ...
The 10% baseline tariffs took effect at 12:01 a.m. ET Saturday at U.S. seaports, airports, and customs warehouses.
It was the worst week for the S&P 500 and Nasdaq Composite ( ^IXIC )since a global pandemic brought the world to a halt in March of 2020. Our Chart of the Week is likely the one you kept refreshing ...
On April 2, Trump unveiled major new tariffs inflicted on goods across the globe, dubbing the day 'Liberation Day' for ...
Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.
Privately, several chief executives told me that they recognized that imposing the tariffs, as well as Mr. Trump’s intractable support of them, was a potentially cataclysmic mistake. “Few of us ever ...
Read more about the Federal Reserve's latest quantitative tightening efforts, economic uncertainty, and the implications for liquidity and market conditions.
Top forecasters on Wall Street are eying the risk of a recession, a global slowdown, and further stock drops ahead.
Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President ...
Economists say President Donald Trump’s sweeping tariffs against most U.S. trading partners will likely reignite inflation, ...