Federal Reserve Chair Jerome Powell has raised alarm over President Donald Trump’s sweeping new tariffs, warning that the economic impact could be more severe than anticipated — with inflation rising and growth slowing amid growing uncertainty.Speaking at a conference of business journalists in Arlington, Virginia, Powell cautioned that the latest…
When Puma announced on Thursday that former Adidas sales chief Arthur Hoeld would become its new CEO, replacing Arne…
Oil prices slumped more than 6% on Thursday after the Organization of the Petroleum Exporting Countries stunned the market…
The US dollar index (DXY) tumbled more than 2% on Thursday to 101.41, its sharpest single-day decline in more…
Canada slipped into a trade deficit in February, despite exports and imports holding record levels.Statistics Canada’s most recent report,…
Australian beef farmers, traders, and industry groups announced on Thursday that they intend to pass on the additional costs…
US stocks suffered a sharp selloff on Thursday as President Donald Trump’s latest round of tariffs raised fears of…
JPMorgan’s chief global economist has issued a stark warning about the potential consequences of President Donald Trump’s aggressive tariff…
A sweeping package of trade tariffs announced by US President Donald Trump triggered a brutal sell-off across global markets…