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Today: April 30, 2025
Today: April 30, 2025

economy

Economy|Finance|Political|Stock Markets|US

US dollar recovers, Aussie hits five-year low after China tariff retaliation

The U.S. dollar rebounded against major currencies such as the euro and yen on Friday after Federal Reserve Chairman Jerome Powell acknowledged the repercussions

US dollar recovers, Aussie hits five-year low after China tariff retaliation
Business|Economy|Finance|Political|Stock Markets|US

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
Business|Economy|Political|US

US added 228,000 jobs in March as economy showed strength in buildup to Trump trade wars

U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience as President Donald Trump wages trade wars, purges federal workers and deports immigrants working in the United States illegally

US added 228,000 jobs in March as economy showed strength in buildup to Trump trade wars
Business|Economy|Political|US

How Trump's latest tariffs could affect your wallet

Steeper tariffs mean you’ll likely see higher prices from the grocery aisle to your next car repair

How Trump's latest tariffs could affect your wallet
Business|Economy|Finance|Political|World

Sanctioned Russia escapes immediate US tariff hit, braces for long-term impact

The Russian economy, mainly insulated from Western markets by sanctions, has escaped immediate damage from sweeping U.S. tariffs but the Kremlin

Sanctioned Russia escapes immediate US tariff hit, braces for long-term impact
Business|Economy|Finance|Political|Stock Markets|US

Trump says things are 'going very well' after worst stock market drop in years over tariffs

President Donald Trump is sounding an upbeat note about his tariffs even as the stock market reacted by falling more than 1,600 points

Trump says things are 'going very well' after worst stock market drop in years over tariffs
Business|Economy|Political|US

Hear Trump break down tariffs on various countries

President Donald Trump announced during a speech at the White House plans for reciprocal tariffs. A group of countries will be charged a tariff at approximately half the rate they charge the United States.

Hear Trump break down tariffs on various countries
Business|Economy|Political|US

For Trump, tariff gamble brings political risk

He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his

For Trump, tariff gamble brings political risk
Business|Economy|US

Fewer Americans file for jobless benefits last week as labor market continues to show strength

The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years

Fewer Americans file for jobless benefits last week as labor market continues to show strength
Business|Economy|Europe|Finance|Political|Stock Markets|US

UK stocks tumble as Trump's tariffs stir economic growth fears

London shares plunged on Thursday, as investors avoided risky assets after U.S. President Donald Trump's reciprocal tariffs amplified global trade war and recession worries.

UK stocks tumble as Trump's tariffs stir economic growth fears
Business|Economy|Political|US

DOGE drove layoff announcements to their third-highest-ever level in March

DOGE drove layoff announcements to their third-highest-ever level in March

DOGE drove layoff announcements to their third-highest-ever level in March
Business|Economy|Election|Political|US

The Latest: Business leaders warn Trump tariffs will raise prices for US consumers

President Donald Trump has announced plans for sweeping tariffs

The Latest: Business leaders warn Trump tariffs will raise prices for US consumers
Business|Economy|Political|US

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
Business|Economy|Political|US

PLANNED RESPONSES TO BROAD TARIFFS THAT START TODAY (4aET)

Today's the day Trump says he'll transform global trade with a massive tariff unveiling. Here are some planned responses.

PLANNED RESPONSES TO BROAD TARIFFS THAT START TODAY (4aET)
Business|Economy|Political|US

US job openings decline in February amid rising economic uncertainty

U.S. job openings fell in February as rising uncertainty over the economy due to tariffs on imports curbed demand for labor.

US job openings decline in February amid rising economic uncertainty
Asia|Business|Economy|Political|US

Japan to make strong push for exemption from US auto tariffs

Japan will keep up a strong push for the United States to exempt it from auto tariffs, Prime Minister Shigeru Ishiba said on Tuesday, while vowing to take the

Japan to make strong push for exemption from US auto tariffs
Asia|Business|Economy

Japan Feb jobless rate falls to 2.4%, job availability shrinks

Japan's jobless rate in February fell to 2.4% from 2.5% in January, government data showed on Tuesday. Economists' median forecast was for 2.5%.

Japan Feb jobless rate falls to 2.4%, job availability shrinks
Business|Economy|Political|US

Trump is now planning a splashy ‘Liberation Day’ announcement. What he’ll say is still up in the air

Trump is now planning a splashy ‘Liberation Day’ announcement. What he’ll say is still up in the air

Trump is now planning a splashy ‘Liberation Day’ announcement. What he’ll say is still up in the air
Americas|Economy|Finance

Colombia inflation seen easing in March, rising in 2025 and 2026: Reuters poll

Inflation in Colombia likely eased in March, after increasing in the first two months of the year due to higher minimum wages and gas tariffs subsidies, a

Colombia inflation seen easing in March, rising in 2025 and 2026: Reuters poll
Business|Economy|Election|Political|US

Trump is stronger on immigration and weaker on trade, an AP-NORC poll finds

Immigration remains a strength for President Donald Trump, but a new AP-NORC poll finds his handling of tariffs is getting more negative feedback

Trump is stronger on immigration and weaker on trade, an AP-NORC poll finds
Asia|Business|Economy

Hong Kong February retail sales drop 13%, challenges seen ahead

Hong Kong's retail sales by value fell by 13% in February from a year earlier, the 12th consecutive month of declines, government data showed on Monday.

Hong Kong February retail sales drop 13%, challenges seen ahead
Asia|Business|Economy|Finance|Political

Taiwan president briefed ahead of possible US tariffs

Taiwan President Lai Ching-te met senior officials on Sunday night to discuss the possible impact of U.S. tariffs and receive an update on contingency plans, his office said on

Taiwan president briefed ahead of possible US tariffs
Asia|Business|Economy

Japan factory output up, but soft outlook and cooling retail sales pressure economy

Japan's factory output rose at a better than expected pace last month, but cooling retail sales growth and a slowdown in production expected by manufacturers in

Japan factory output up, but soft outlook and cooling retail sales pressure economy
Business|Economy|Political|US

Trump presses advisers for tariff escalation ahead of April 2, Washington Post reports

U.S.

Trump presses advisers for tariff escalation ahead of April 2, Washington Post reports
Arts|Business|Economy|Europe|Lifestyle

No longer 'poor but sexy?' Berlin's economic rise comes at a price

The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital

No longer 'poor but sexy?' Berlin's economic rise comes at a price
Americas|Business|Economy|Political|US

Canada warns Trump on tariffs: Retaliation is coming April 2

Canada warns Trump on tariffs: Retaliation is coming April 2

Canada warns Trump on tariffs: Retaliation is coming April 2
Asia|Business|Economy|Political

China's Xi makes strong push for greater foreign investment as economy continues to lag

Chinese President Xi Jinping has urged foreign investors to have faith in China's business prospects in an address to major global business leaders

China's Xi makes strong push for greater foreign investment as economy continues to lag
Asia|Business|Economy|Political

China has 'very big' policy room to spur growth, central bank adviser says

China wields significant policy room to stimulate its economy this year while some reform was needed to boost consumption, Huang Yiping, an advisor to China's

China has 'very big' policy room to spur growth, central bank adviser says
Business|Economy|Finance|Political|US

Larry Summers blasts ‘ludicrous’ claim by Scott Bessent

Larry Summers blasts ‘ludicrous’ claim by Scott Bessent

Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Americas|Economy|Finance|Political

IMF to consider $20 billion Argentina deal in informal meeting, Bloomberg News reports

The International Monetary Fund (IMF) will discuss a new $20 billion loan for Argentina during an informal meeting next week, Bloomberg News reported on Friday.

IMF to consider $20 billion Argentina deal in informal meeting, Bloomberg News reports
Business|Economy|Europe|Political

German fiscal bonanza no quick fix as red tape, labour snags weigh

Germany gave the final green light on Friday to a massive surge in borrowing seen as boosting the country's anaemic economy and

German fiscal bonanza no quick fix as red tape, labour snags weigh
Business|Economy|Finance|Political|Stock Markets|US

Is the U.S. heading for a recession?

By Lauren Young NEW YORK - This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every other week. Sign up here to receive it for free. 

Is the U.S. heading for a recession?
Asia|Business|Economy|Political|US

Japan says economy recovering, but flags risks from Trump trade policies

Japan's government stuck with its cautiously optimistic outlook for the economy U.S.

Japan says economy recovering, but flags risks from Trump trade policies
Business|Economy|Europe

French economy headed for meagre first half growth, INSEE says

France's economy will barely grow in the first half of the year as consumer spending struggles to offset the impact of weak business activity and government belt tightening, the

French economy headed for meagre first half growth, INSEE says
Business|Economy|Europe|Finance|Political

Russia to revive privatisation drive with seven large stake sales

Russia's finance ministry on Tuesday said it intends to revive plans for privatisations of state assets and hopes to sell stakes in seven large

Russia to revive privatisation drive with seven large stake sales
Business|Economy|Finance|Political|US

Scott Bessent: ‘I can’t guarantee’ America will avoid a recession

Scott Bessent: ‘I can’t guarantee’ America will avoid a recession

Scott Bessent: ‘I can’t guarantee’ America will avoid a recession
Business|Economy|Finance|Political|US

Trump is blaming Biden for a weakening economy. Is that fair?

Trump is blaming Biden for a weakening economy. Is that fair?

Trump is blaming Biden for a weakening economy. Is that fair?

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