Trump has added a political risk premium to US assets
Parking money in America is no longer the routine, fuss-free, neutral option
Economic news
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Oldest Post Office scandal victim rejects higher payout as ‘still not good enough’
Betty Brown’s offer was increased from 30% to 60%, but still below what she claimed when her life was “destroyed” by scandal.
UK economy expands by 0.5% in February, more than expected
U.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts.
Do we need cocoa-free chocolate and is it nice?
Cocoa prices are soaring so new chocolate firms are looking at an alternative ingredient.
Trump’s triple-digit tariff essentially cuts off most trade with China, says economist
President Trump’s tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York.
US stocks and dollar tumble as Trump fails to soothe economic fears
Investors warn 145% duties on US imports from China to hit growth even as president rolls back other levies