Former President Donald Trump vowed to improve the economy from day one if elected. However, after his victory, he acknowledged the difficulty in reducing food costs. Seven weeks […]
Economy
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Egg Prices Surge Amidst Inflation Concerns
Egg prices have surged again in February, despite signs of relief on the horizon. While inflation appears to be easing, the cost of eggs remains a significant concern […]
Economy
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US consumer inflation moderates in February before impact of import tariffs
U.S. consumer prices increased moderately in February, with higher shelter costs partially offset by cheaper airline fares. This provided the Federal Reserve room to keep interest rates unchanged […]
Economy
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CEOs Mark Down Economic Outlook Amid Trump Volatility
Top CEOs have downgraded their economic outlook due to volatility caused by President Trump’s policies, particularly concerning tariff chaos. Even Trump’s own advisors are reportedly concerned about the […]
Economy
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J.P. Morgan Economist Warns of 40% U.S. Recession Risk and Threat to Investment Privilege
J.P. Morgan’s chief economist, Bruce Kasman, has raised concerns about a 40% chance of a U.S. recession this year due to potential disruptions from Trump’s policies. The risk […]
Economy
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Wall Street Nostalgia for Mnuchin Amid Trump’s New Economic Policies
Recently, there has been a noticeable increase in nostalgia for Steven Mnuchin, the former Treasury Secretary during President Donald Trump’s first term. Mnuchin’s tenure was marked by significant […]
Economy
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EU Implements Retaliatory Measures Following US Steel and Aluminum Tariffs
The European Union has taken retaliatory actions in response to the steel and aluminum tariffs imposed by the United States under Donald Trump’s administration. These tariffs have led […]
Economy
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Trump’s Tariffs on Steel and Aluminum Take Effect Without Exemptions
President Donald Trump’s tariffs on steel and aluminum have officially taken effect without any exemptions. This move has escalated the trade war, as reported by various sources including […]
Economy
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Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
According to Alec Kersman, managing director and head of Asia-Pacific at Pimco, the probability of a U.S. recession in 2025 has increased due to implemented tariffs. Speaking at […]
Economy
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Trump’s Trade Policies Deepen Economic Uncertainty Among CEOs
Over 100 top U.S. business leaders are set to meet President Donald Trump amid growing confusion and fears that his trade policies could undermine economic stability. Trump’s recent […]