Global growth forecast slashed by IMF over tariff impact
The US suffers the biggest downgrade to growth among advanced economies, in the influential International Monetary Fund’s latest forecast.
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US stocks jump after Trump soothes Fed independence worries
Wall Street extends rally after president says he has no plans to fire Jay Powell
Is geothermal the new zero-carbon answer to US power needs?
The renewable energy source is quietly gaining popularity even as Trump pursues his ‘drill, baby, drill’ agenda
Ukraine, Gaza and Iran: can Witkoff secure any wins for Trump?
To solve three conflicts simultaneously would be a daunting task for anyone, but it is especially for a man entirely new to diplomacy
Donald Trump’s version of Pax Americana, the idea that the US can through coercion impose order on the world, is facing its moment of truth in Ukraine, Gaza and Iran.
In the words of the former CIA director William Burns, it is in “one of those plastic moments” in international relations that come along maybe twice a century where the future could take many possible forms.
Wall Street stock futures rise after temporary US tech tariff exemption
Gains come after two weeks of wild swings in financial markets
Trump insists tariff war is ‘doing really well’ as recession fears mount
Wall Street experts warn of continued economic turbulence as countries scramble to make deals with US president
Donald Trump insisted his trade war with much of the world was “doing really well” despite mounting fears of recession and as Beijing hit back and again hiked tariffs on US exports to China.
As the US president said his aggressive tariffs strategy was “moving along quickly”, a close-watched economic survey revealed that US consumer expectations for price growth had soared to a four-decade high.