Wall Street Legend: Trump Tariffs Will Accelerate the Greatest Wealth Transfer in History
A financial insider with decades on Wall Street has released a controversial video. He reveals the unseen connection between Trump's economic vision and a technological revolution. This hidden synergy is creating both unprecedented wealth and poverty. What can you do about it?
US job openings in May hit 7.8 million in a continuing display of labor market resilience
WASHINGTON (AP) — U.S. job openings rose unexpectedly in May, a sign that the American labor market t in the face of high borrowing costs and uncertainty over U.S. economic policy.
U.S. employers likely added 115,000 jobs last month as labor market continues to cool
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
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Americans' take on the economy sours in June and, after a brief respite, continues to slide
WASHINGTON (AP) — Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.
Russia's economy minister says the country is on the brink of recession
ST. PETERSBURG, Russia (AP) — Russia's economy is “on the brink of going into a recession,” the country's economy minister said Thursday, according to Russian media reports.
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Syria's post-war economic recovery will require 'substantial' international support, IMF says
DAMASCUS, Syria (AP) — Syria will need “substantial international" support for its efforts to rehabilitate the economy, meet urgent humanitarian needs, and rebuild essential institutions and infrastructure, the International Monetary Fund said Tuesday.
Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
WASHINGTON (AP) — President Donald Trump’s are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.
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Europe's central bank expected to lower interest rates as Trump's trade war threatens growth
FRANKFURT, Germany (AP) — Lower inflation and concern that will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday's policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity.
Trump's tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
WASHINGTON (AP) — President Donald Trump’s would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall, according to an analysis released Wednesday by .
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Spanish government says housing market is not a 'free for all' after recent crackdown on Airbnb
MADRID (AP) — Spain's government wanted to send a message last month with its : that the Spanish economy and its housing market are not a “free for all" that value profits over the rule of law, a minister told The Associated Press on Tuesday.
British government is out of the banking business with sales of remaining shares in NatWest
LONDON (AP) — The British government sold its remaining shares in NatWest bank, which it bailed out during the 2008 financial crisis, at a taxpayer cost of 10.5 billion pounds ($14.1 billion), the Treasury said Friday.
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European companies cut costs, scale back investments in China as its economy slows
BEIJING (AP) — European companies are cutting costs and scaling back investment plans in China as its and fierce competition , according to an annual survey released Wednesday.
Germany's economy grew by 0.4% in the 1st quarter. That's double the initial estimate
BERLIN (AP) — The , Europe's biggest, grew by 0.4% in the first quarter thanks to stronger-than-expected exports and manufacturing, official data showed Friday. That was double the growth initially estimated.
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A financial insider with decades on Wall Street has released a controversial video. He reveals the unseen connection between Trump's economic vision and a technological revolution. This hidden synergy is creating both unprecedented wealth and poverty. What can you do about it?
Asian shares advance after China cuts interest rates to boost economy
Asian shares rallied Tuesday after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war.
Trump's massive import taxes haven't done much economic damage -- yet
WASHINGTON (AP) — For months, American consumers and businesses have been hearing that President Trump’s massive import taxes – tariffs – would drive up prices and hurt the U.S. economy. But the latest economic reports don’t match the doom and gloom: Inflation actually , and in April.
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Asian shares are mixed after Wall Street's rally steadied
HONG KONG (AP) — Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more leeway to cut interest rates later this year to support the U.S. economy if it weakens under the weight of President Donald Trump's .
UN forecasts slower global economic growth following Trump's tariffs and trade tensions
UNITED NATIONS (AP) — The United Nations on Thursday forecast slower global economic growth this year and next, pointing to the impact of the and .
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Asian shares gain after Wall Street's rally, but hopes are tempered by trade war uncertainties
Asian shares advanced Tuesday after China and the United States announced a in their , but the gains were tempered by uncertainties over the longer term, as analysts warned President Donald Trump’s policies could still quickly change.
US and Chinese officials meet in Geneva to discuss tariffs as the world looks for signs of hope
GENEVA (AP) — The U.S. treasury secretary and America’s top trade negotiator will meet with high-ranking Chinese officials this weekend to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and to damage global commerce.
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The Bank of England is expected to cut interest rates in the face of US tariffs threat
LONDON (AP) — The is widely expected to look past near-term and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration.
Czech central bank cuts key interest rate to 3.5% as inflation drops more than expected
PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate Wednesday , with lower-than-expected inflation.
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Chancellor candidate Merz's stumble casts shadow over hopes for rebooting struggling German economy
FRANKFURT, Germany (AP) — Friedrich Merz's unprecedented of voting in parliament raises doubts about the new government's ability to push Europe's largest economy out of stagnation.
Federal Reserve likely to defy Trump, keep rates unchanged this week
WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of and demands from President Donald Trump that the Fed reduce borrowing costs.
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Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says
DUBAI, United Arab Emirates (AP) — Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said Wednesday.
Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy
WASHINGTON (AP) — got worrisome news on Wednesday about how the U.S. economy is battening down for potential fallout from his tariffs — and he was quick to try to pin the blame on his Democratic predecessor, Joe Biden.
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China's export orders dip in April as Trump's tariffs begin to bite
Higher tariffs on U.S. imports of products from China appear to be taking a toll on the world's second-largest economy, according to monthly surveys of Chinese factory managers released Wednesday.
Asian shares advance after a quiet day on Wall St, despite tough talk on tariffs
NEW YORK (AP) — Asian shares were mostly higher on Tuesday after U.S. stocks drifted to a mixed, quiet finish ahead of a busy week of corporate earnings and economic data that could bring more
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