Despite political promises to bring back manufacturing jobs, global trends indicate that such jobs are declining due to productivity gains rather than trade policies alone. Economists argue that […]
Economy
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Jamie Dimon Warns of Potential Western Decline Due to Tariff Strategies
JPMorgan CEO Jamie Dimon has expressed concerns about the long-term implications of tariff tactics on the global economy. In a recent statement, Dimon warned that future historians might […]
Economy
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Bank of Canada Foresees Potential Year-Long Recession Amid Global Trade War
The Bank of Canada is navigating through two potential economic scenarios due to the uncertainties surrounding a global tariff war: a brief pause in Canadian economic activity or […]
Economy
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Bank of Canada Prepares for Potential Year-Long Recession Amid Global Trade War
The Bank of Canada is preparing for two possible economic scenarios as it navigates the uncertainty of a potential global tariff war: a temporary slowdown in Canadian economic […]
Economy
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Top Federal Reserve Official Suggests Rate Cuts if Tariffs Resurface
A leading Federal Reserve official has indicated that the US might need to implement interest rate cuts should significant tariffs reappear. This statement reflects the central bank’s readiness […]
Economy
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Consumer Confidence Drops to One of the Lowest Levels in Decades
Consumer sentiment in the United States has experienced a significant decline this month, driven by growing concerns about an impending recession. These fears are largely attributed to the […]
Economy
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Treasury Secretary’s Misconception on Retirees’ View of the Stock Market
The Treasury Secretary seems to have an incorrect understanding of how most retirees perceive the stock market. This misconception highlights a disconnect between government policies and the realities […]
Economy
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Argentina Secures IMF Loan and Lifts Capital Controls
President Javier Milei of Argentina announced the lifting of most capital and currency controls following the approval of a $20 billion bailout package from the International Monetary Fund […]
Economy
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DOGE Falling Short of Budget-Cutting Goals and Overstating Progress
Elon Musk recently acknowledged that his Department of Government Efficiency (DOGE) is underperforming its ambitious targets. Previously, he claimed that his team could cut $1 trillion from the […]
Economy
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US Businesses Feel the Pinch of Trump Tariffs
US businesses are already experiencing the financial impact of tariffs imposed by the Trump administration. These tariffs are leading to increased costs for a variety of goods, including […]