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Companies are slashing their earnings forecasts as consumer confidence about the future reaches 12-year low
The Conference Board’s expectations index sits significantly below the threshold that tends to indicate an upcoming recession.
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Trump threatens secondary tariffs on Russian oil if no deal on Ukraine
US president says he is ‘pissed off’ with Vladimir Putin for dragging feet in ceasefire talks
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Soaring US debt may start to overwhelm America’s ‘exorbitant privilege’
Moody’s added to the growing list of US debt warnings in a report that sounded the alarm on the deteriorating fiscal situation.
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Dow futures drop as report says White House mulls global tariff of up to 20% on nearly all trading partners
Over the weekend, reports said Trump has pushed his advisers to get more aggressive on tariffs, including higher rates on a wider set of nations.
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How DeepSeek erased Silicon Valley’s AI lead and wiped $1 trillion from U.S. markets
Wall Street and Silicon Valley crowed that China would always be years behind the U.S. Here’s why they were wrong.
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EU will respond firmly to US tariffs but still open to ‘compromise,’ German chancellor says
“But if the US leaves us no choice, as with the tariffs on steel and aluminum, we will respond as a united European Union,” Scholz said.