Breaking News: Economy
Agriculture isn’t nearing trade war tariffs crisis, ‘it is full blown crisis already’ farmers say
A crane unloads peas imported from Canada at the Laizhou port area of Yantai Port in Yantai, China, on February 28, 2025. Nurphoto | Nurphoto | Getty Images The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what Trump’s Treasury Secretary has […]
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German fiscal boost won’t outweigh tariff drag for euro zone, IMF’s Europe head says
Higher German infrastructure spending will boost Europe’s economic growth in the coming years — but not enough to outweigh the expected drag from U.S. tariffs, according to Alfred Kammer, director of the European department at the International Monetary Fund. The IMF last week cut its growth outlook for the euro area, also making downgrades for […]
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Trump’s approval ratings fall as he nears 100 days in office, polls show
U.S. President Donald Trump speaks to members of the media as he departs for Rome, Italy, to attend Pope Francis’ funeral, at the White House in Washington, D.C., U.S., April 25, 2025. Leah Millis | Reuters President Donald Trump’s approval rating is dipping as he nears 100 days in office and Americans grow skeptical of […]
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European deregulation push creates ‘moment of opportunity’ to boost growth
Spurring European deregulation and economic growth was a powerful theme that emerged as an answer to challenges raised by the U.S. tariff campaign and questions about American “exceptionalism” at the International Monetary Fund’s annual spring meeting in Washington last week. European officials pointed to the idea of regulatory “simplification” as a way to boost business after […]
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Trump floats tougher Russia sanctions, meets Zelenskyy for first time since Oval Office blowup
In this photo provided by the Ukrainian Presidential Press Office, Ukraine’s President Volodymyr Zelenskyy, right, and President Donald Trump, talk as they attend the funeral of Pope Francis in Vatican, Saturday, April 26, 2025. Ukrainian Presidential Press Office via AP U.S. President Donald Trump floated the possibility of stronger sanctions on Moscow in a lengthy […]
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Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
Fast Money Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients Published Sat, Apr 26 202511:07 AM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Americans are getting flashbacks to 2008 as tariffs stoke recession fears
Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a store. iStock| Theo Wargo | Hispanolistic | Getty Images A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods […]
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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
Key Points A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BNPL loan in the past year, up from 34% in the year prior. The figures […]
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Inflation job nearly done but tariff risks loom — What European Central Bank members said this week
Guests and attendeess mingle and walk through the atrium during the IMF/World Bank Group Spring Meetings at the IMF headquarters in Washington, DC, on April 24, 2025. Jim Watson | Afp | Getty Images After years dominated by the pandemic, supply chains, energy and inflation, there was a new topic topping the agenda at the […]
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Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’
An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most […]
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