Economy News

Economy

U.S. Trade Representative Greer Engages in Crucial Trade Talks with Taiwan and Israel Amid Global Diversification Efforts

U.S. Trade Representative Jamieson Greer discusses imminent trade talks with Israel and Taiwan, emphasizing the importance of diversifying U.S. exports beyond China amidst global t...

Economy

BlackRock's CEO Larry Fink Warns: The U.S. Economy May Already Be in a Recession

BlackRock CEO Larry Fink warns the U.S. may already be in a recession, citing economic deterioration and prolonged uncertainty from reciprocal tariffs. This uncertainty is causing ...

Economy

Fed's Musalem Warns of Potential Inflation Surge Amid New Tariffs and Economic Softening

Federal Reserve Bank of St. Louis President Alberto Musalem warns of a potential reacceleration of inflation due to new tariffs and economic softening, despite a softening labor ma...

Economy

Fed's Williams Warns: Trump Tariffs Could Push Inflation to 3.5%-4%, Impacting GDP and Unemployment

Federal Reserve's John Williams predicts Trump's tariffs could raise inflation to 3.5%-4%, slowing GDP growth and increasing unemployment, while affirming the Fed's monetary policy...

Economy

Unexpected Drop in US Producer Prices: A 0.4% Decline in March Sparks Economic Debate

The US producer price index (PPI) for final demand fell by 0.4% in March, with a significant portion of the decline due to drops in goods and services prices. Excluding certain cat...

Economy

Chancellor Rachel Reeves Stands Firm: No Increases in Income Tax, VAT, or National Insurance

British Chancellor Rachel Reeves commits to not increasing income tax, VAT, or National Insurance, despite fiscal challenges and welfare spending cuts, ensuring tax stability for w...

Economy

US Trade Representative Jamieson Greer Engages in Critical Trade Talks with Taiwan and Israel

US Trade Representative Jamieson Greer is set to discuss trade expansion with Taiwan and Israel, following talks with Vietnam. Amidst Trump's tariffs delay, Greer emphasizes divers...

Economy

BlackRock's CEO Larry Fink Warns: The U.S. Economy Might Already Be in a Recession

BlackRock CEO Larry Fink warns that the U.S. economy might already be in a recession, citing significant deterioration and prolonged uncertainty due to reciprocal tariffs, which is...