Dollar rout forces UK currency risk specialist to suspend shares
UK-listed Argentex warns that falling greenback has resulted in margin calls hitting its liquidity
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US growth forecast to be hit hardest from tariffs
The US suffers the biggest downgrade to growth among advanced economies, in the influential International Monetary Fund’s latest forecast.
US dollar falls to three-year low and gold hits $3,500 after Trump intensifies attack on Fed chair Powell – business live
Rolling coverage of the latest economic and financial news, as dollar weakens and gold soars after latest Trump salvo at Jerome Powell
With a week to go, April is turning into the worst month for the US stock market since the Great Depression.
The Wall Street Journal is reporting that the Dow Jones Industrial Average is headed for its worst April performance since 1932, according to Dow Jones Market Data.
Tariffs will raise prices. But the climate crisis is the real inflation risk | Mark Blyth and Nicolò Fraccaroli
As temperatures rise and countries back off their decarbonization efforts, we must confront a reality central banks can’t correct
Inflation is, at base, a tax on consumption – and it hits the poor the hardest, since they consume more of their incomes and the rich consume less.
That’s one reason for concern over Donald Trump’s tariffs, which will disproportionately affect the poor. When the 90-day pause on the tariffs expires, it is reasonable to expect prices to rise, and by a lot.
Mark Blyth is a political economist and professor at Brown University. Nicolò Fraccaroli is a visiting scholar at Brown University
‘Australian Gas for Australians’: energy takes centre stage in election Down Under
The soaring cost of electricity has been the focus of debates ahead of May’s vote
Gold hits $3,500 for first time as Trump’s attack on Powell rattles markets
Haven assets in demand as criticism of US Fed unnerves investors