One year on, did Trump’s Liberation Day tariffs make America wealthier?
Just over a year ago, on April 2, 2025, US President Donald Trump walked into the White House Rose Garden holding a large placard and signed what he called a…
Economy
1610 posts
S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data
The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368,…
5 charts that show why Trump-Xi summit may not matter in 2026
US President Donald Trump and China’s President Xi Jinping are all set to meet in May this year. The high-profile meeting is enough to move markets, reset expectations and revive…
US jobless claims hit 210,000 as labour market cools gradually
US jobless claims rose slightly last week, suggesting that while hiring has slowed, employers are still holding back from large-scale layoffs in an increasingly uncertain economic environment.Data released by the…
Europe bulletin: Stocks rise, UK retail sales slump
European markets ended higher after a volatile session on Tuesday, as investors navigated geopolitical tensions, shifting rate expectations, and a flurry of corporate developments across sectors. While equities showed resilience,…
Evening digest: Bitcoin dips, Jamie Dimon warns on AI job risks
On Tuesday, Bitcoin saw a pullback while crypto-related stocks saw a decline. Arm announced a move to in-house AI chip production while Jamie Dimon warned about AI-driven job losses in the…
UK inflation steady at 3% in February as energy shock clouds outlook
Britain’s inflation rate held steady in February, showing that prices were stable before a sharp escalation in global energy costs raised concerns over a renewed surge in prices.Official data showed…
Middle East faces at least $25B repair bill for damaged energy infra
The cost to repair and restore damaged energy infrastructure in the Middle East could climb to at least $25 billion, according to initial estimates from Rystad Energy, which expects the…
Iran war, credit crunch, and AI: inside the global market meltdown
It’s only March, and investors have already absorbed a hot war in the Middle East, a credit system showing cracks, a brutal tech repricing, and two of the world’s most…
UK economy stalls as oil surge raises inflation and recession fears
The UK economy unexpectedly stalled in January, raising concerns about the country’s ability to withstand a sharp rise in energy prices triggered by the escalating conflict in the Middle East.Data…