Economy

Investors bet Amazon will fare better than its competitors in Trump’s trade war

Traders are pouring cash into Amazon, convinced it’s better built… More…

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Vietnam holds emergency talks with US as 46% tariff threatens to crush exports

Vietnam’s trade officials rushed into emergency negotiations with… More…

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JPMorgan Chase Says US May Have Dodged Recession, Warns Sluggish Growth Incoming

The chief global strategist at JPMorgan Chase says the US may avoid… More…

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Trump’s tax bill blocked by House Republicans as Moody’s strips US of AAA rating

Hard-right Republicans in Congress killed Trump’s long-promised… More…

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Chair Powell says Federal Reserve will reduce staff by 10%

Jerome Powell has told the Federal Reserve to start cutting jobs. … More…

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UK overtakes China as second-biggest holder of US Treasurys with $780 billion

The UK now holds $779.3 billion in US Treasurys, pushing past China’s… More…

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US consumer sentiment collapses to 50.8, its second-lowest reading ever

Americans are losing confidence fast. Consumer sentiment just plunged… More…

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Gold heads for biggest weekly loss in 6 months as Trump’s Gulf tour rattles markets

Gold prices fell hard on Friday, dropping more than 1% by mid-morning,… More…

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Alibaba’s tumbling shares have dampened China’s AI hopes

Alibaba Group Holding Ltd. shares tumbled on Friday, suffering their… More…

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Jamie Dimon warns of U.S. recession despite the recent pullback in tariffs

JPMorgan Chase CEO Jamie Dimon said a recession was still possible… More…

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