Goldman says recession risks are growing, but it’s too early to worry. Here’s why

Goldman Sachs says it’s too early for “recession obsession.”

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World

Pakistan minister denies nuclear body meeting after offensive launched on India

May 10, 2025

Pakistani security forces are seen outside Nur Khan Air Base, where an Indian missiles struck in Rawalpindi, Pakistan, on May 10, 2025. Anadolu | Anadolu | Getty Images Pakistan’s Defence Minister Khawaja Asif said no meeting of the National Command Authority, the top military and civil body overseeing the country’s nuclear arsenal, had been scheduled […]

World

The number of ‘tariff’ mentions soar past ‘AI’ on earnings calls as Trump’s trade fight alters outlook

May 9, 2025

Move over artificial intelligence. There’s a new hot topic on corporate earnings calls in 2025: tariffs. The word “tariffs” has come up on more than 350 earnings calls of S & P 500 -listed companies reporting first quarter results, according to a CNBC analysis of call transcripts compiled by AlphaSense. By contrast, the term “AI” […]

World

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025

Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]