Oil prices experienced a sharp decline on Friday following two major developments: US President Donald Trump’s announcement of global tariffs and the Opec+ alliance’s decision to significantly boost […]
US Job Market Adds 228,000 Positions in March
The US job market defied expectations in March by adding 228,000 new positions. This significant increase highlights the resilience of the American economy despite various challenges. The growth […]
Tesla Stock Falls as Analysts Warn of Brand Damage Impacting Earnings
Tesla’s stock has taken a significant hit as analysts express concerns about unprecedented brand damage affecting the company’s earnings. J.P. Morgan analysts note that Tesla’s first-quarter sales and […]
Trump’s Tariffs Weaken Dollar, Increasing Costs for Americans
President Trump’s tariffs are having an unintended consequence: weakening the U.S. dollar instead of strengthening it. This development adds to the financial burden on Americans as they face […]
10-Year Treasury Yield Drops Sharply Amid Trade War Fears
The 10-year Treasury yield fell sharply below 4% due to escalating fears of a trade war potentially leading to a recession. Following China’s retaliatory tariffs on U.S. goods, […]
Elon Musk Criticizes Trump Adviser Peter Navarro Amid Tariff Concerns
Elon Musk has publicly criticized Peter Navarro, a key adviser to President Trump, amid growing concerns over the economic impact of tariffs. Musk’s comments reflect broader worries in […]
VA to End Mortgage Bailout Program for Veterans
The Department of Veterans Affairs (VA) has announced the termination of its mortgage bailout program, known as the Veterans Affairs Servicing Purchase Program (VASP). This initiative provided last-resort […]
Trump Defends Tariffs Amid Market Plunges
U.S. President Donald Trump defended his decision to impose a 10% universal tariff on all imports, calling it an “economic revolution.” This move has led to significant market […]
Oil Prices Decline Amid Concerns Over Trump’s Tariffs and Global Trade War
Oil prices continued to decline in early Asian trading on Friday, marking one of the worst weeks in months due to U.S. President Donald Trump’s newly imposed tariffs. […]
Stocks Experience One of the Worst Weeks in Recent History
The stock market faced one of its worst weeks in recent history, driven by concerns over expansive tariffs. The S&P 500 experienced its third-worst two-day decline since the […]