Global stock markets plunged on Monday, deepening last week’s heavy losses, as escalating trade tensions triggered renewed fears of a worldwide recession. London’s FTSE 100 bore the brunt, falling by 488 points, or 6%, to 7566 — its lowest level since February 2024.The fresh rout eclipsed even Friday’s near-5% slide,…
Donald Trump’s aggressive push for sweeping reciprocal tariffs is increasingly drawing sharp criticism not just from global trading partners,…
Investors are moving rapidly into traditional safe haven assets after US President Donald Trump announced sweeping reciprocal tariffs last…
Oil prices have continued to tumble on Monday as recession fears have firmly gripped investors. The escalating trade war between…
The United States stands at a crossroads as President Donald Trump’s sweeping tariff plan, unveiled this week, sends shockwaves…
The 25% tariffs on imported cars that came into effect on Thursday have shaken the global automobile industry, forcing…
The US labor market continued to show resilience in March, adding more jobs than expected. However, a slight uptick…
Oil prices fell to their lowest levels in over four years on Friday after China imposed retaliatory tariffs in…
President Donald Trump vowed Friday that his economic policies “will never change” and lashed out at China for retaliating…