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 […]
Economy
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U.S. Consumer Sentiment Dives Amid Trade War Concerns
U.S. consumer sentiment experienced a significant drop in April, marking the fourth consecutive month of declines. This decline appears to be a reaction to President Donald Trump’s trade […]
Economy
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The Decline of the Dollar’s Global Dominance
Throughout history, global trade and financial systems have predominantly operated through a leading currency. For the United States, this role has provided immense power and wealth. By printing […]
Economy
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Fed’s Williams hints at potential recession in updated economic forecast
New York Fed President John Williams stated on Friday that the unemployment rate might increase from its current 4.2% to a range of 4.5% to 5% over the […]
Economy
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Economic Turbulence and Recession Risks Amid Trade Tensions
A Fox News host caught President Trump’s attention during a tariff-related meltdown, highlighting the ongoing economic uncertainty. Goldman Sachs recently raised the odds of a U.S. recession to […]
Economy
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Wall Street Executives Warn of Economic Challenges Amid Tariffs
Wall Street executives are sounding alarms about the economic outlook amid rising tariffs. A potential recession looms as big banks’ earnings may serve as an early indicator of […]
Economy
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Kai Ryssdal Discusses Economic Impact of President Trump’s Tariff Policies
NPR’s Steve Inskeep engaged in a conversation with Marketplace host Kai Ryssdal regarding the economic consequences of President Trump’s tariff policies. The discussion covered global reactions and implications […]
Economy
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US Consumer Sentiment Drops to Near-Historic Low Amid Trade War Concerns
American consumer sentiment has plummeted to one of its lowest levels since records began in 1952. According to the University of Michigan’s latest survey, sentiment fell by 11% […]