J.P. Morgan forecasts a U.S. recession in 2025 due to the impact of President Trump’s tariffs. In a note to investors, Michael Feroli, the firm’s chief U.S. economist, […]
Markets
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How to Protect Your Retirement Savings Amid Market Plunges
As markets experience significant declines, many individuals nearing retirement are concerned about the impact on their savings. Experts recommend staying calm and avoiding impulsive decisions. Historical data suggests […]
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Jury orders Chevron to pay over $744 million for wetland destruction in Louisiana
A civil jury has ordered Chevron to pay more than $744 million in damages for destroying parts of Louisiana’s coastal wetlands. The verdict marks the conclusion of the […]
Markets
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The stock market just finished its worst week since 2020. Here’s what the pros say to do in a sell-off.
The stock market recently experienced one of its worst weeks since the onset of the COVID-19 pandemic in 2020. The Dow Jones Industrial Average dropped significantly, the Nasdaq […]
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Berkshire Hathaway Disputes Trump’s Claim About Warren Buffett’s Praise
Berkshire Hathaway has refuted a video shared by President Trump, which claimed that Warren Buffett had praised the president for making the best economic moves in 50 years. […]
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Tariffs Expected to Boost Inflation and Slow Growth, Says Jerome Powell
Federal Reserve Chairman Jerome Powell has warned that the broad tariffs introduced by the Trump administration this week are likely to increase inflation and slow economic growth. The […]
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Stock Market Reacts to Trump Tariffs: Dow Futures Slip and Treasury Yields Slide
The stock market has shown a negative reaction to the recent tariffs imposed by the Trump administration, with Dow futures slipping and treasury yields continuing to decline. Investors […]
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Gold Prices Hit Record Highs Amid Increased Demand and Safe-Haven Appeal
Gold (XAUUSD) reached another record high amid a multi-month rally driven by a flight to safety due to uncertainty surrounding the Trump administration’s tariff policy. Analysts warn this […]
Economy
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Dollar Declines as Investors Seek Safe Havens Following US Tariffs Announcement
SINGAPORE, April 3 (Reuters) – The dollar experienced a broad decline on Thursday following President Donald Trump’s announcement of harsher-than-expected tariffs against U.S. trading partners. This move sent […]
Technology
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OnlyFans Founder Submits Bid to Acquire TikTok
Tim Stokely, the founder of OnlyFans, has submitted a bid through his startup Zoop to acquire TikTok’s U.S. operations from ByteDance. Zoop, co-founded with RJ Phillips, aims to […]