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China launches a blitz of policies to help its economy, plans talks with the US on trade
BEIJING (AP) — China has announced a barrage of measures meant to counter the blow to its economy from U.S. President ’s trade war, as the two sides prepare for
Chancellor candidate Merz's stumble casts shadow over hopes for rebooting struggling German economy
FRANKFURT, Germany (AP) — Friedrich Merz's unprecedented of voting in parliament raises doubts about the new government's ability to push Europe's largest economy out of stagnation.
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Tariffs, inflation and leery customers are hitting retailers in different ways
Retailers are trying to navigate their way through economic uncertainty in 2025. , inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending.
Asian shares advance after China cuts interest rates to boost economy
Asian shares rallied Tuesday after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war.
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Moody's strips U.S. government of top credit rating, citing Washington's failure to rein in debt
WASHINGTON (AP) — Moody's Ratings stripped the U.S. government of its top credit rating Friday, citing successive governments' failure to stop a rising tide of debt.
Asian shares are mixed after Wall Street's rally steadied
HONG KONG (AP) — Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more leeway to cut interest rates later this year to support the U.S. economy if it weakens under the weight of President Donald Trump's .
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Funds from migrants sent back home help fuel some towns' economies. A GOP plan targets that
WASHINGTON (AP) — Israel Vail’s entire life in the small western Guatemalan town of Cajolá is built off the money that his three children send home from the United States.
Asian shares gain after Wall Street's rally, but hopes are tempered by trade war uncertainties
Asian shares advanced Tuesday after China and the United States announced a in their , but the gains were tempered by uncertainties over the longer term, as analysts warned President Donald Trump’s policies could still quickly change.
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Asian stocks are mixed after hopes for China-US talks, trade deal with the UK lift Wall Street
HONG KONG (AP) — Shares were mixed in Asia on Friday as investors pinned their hopes on between China and the U.S.
The Bank of England is expected to cut interest rates in the face of US tariffs threat
LONDON (AP) — The is widely expected to look past near-term and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration.
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Federal Reserve likely to defy Trump, keep rates unchanged this week
WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of and demands from President Donald Trump that the Fed reduce borrowing costs.
Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says
DUBAI, United Arab Emirates (AP) — Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said Wednesday.
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Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.
Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook
FRANKFURT, Germany (AP) — Europe’s economy grew more strongly in the first three months of the year, only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war.
US consumer confidence plunges to lowest in 5 years on tariff worries
WASHINGTON (AP) — Americans' confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COIVD-19 pandemic as anxiety over the takes a heavy toll on consumer expectations for future growth.
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Airlines, rattled by trade war and spending pullback, continue to cut flights, pull outlooks
Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours.
US and global economic outlook deteriorates in Trump trade war, IMF says
WASHINGTON (AP) — The outlooks for the U.S. and global economies have significantly worsened in the wake of and the uncertainty they have created, the International Monetary Fund said Tuesday.
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US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund.
China's economy grows at a 5.4% annual pace in Jan-March quarter
BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports, the government said Wednesday.
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Argentina says it will lift the country's strict currency controls with the help from the IMF
BUENOS AIRES, Argentina (AP) — Argentine President Javier Milei’s economy minister announced on Friday that the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund.
JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events
NEW YORK (AP) — JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but it's chief executive warned of global economic uncertainties ahead due to President Donald Trump’s ongoing trade war and other geopolitical tensions.
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Trump disrupts global economic order even though the US is dominant
WASHINGTON (AP) — By declaring a trade war on the rest of the world, President Donald Trump has panicked , raised the risk of and broken the political and economic alliances that made much of the world stable for business after World War II.
Will the tariffs lead to a recession? Here's how to know if we're in one
WASHINGTON (AP) — President Donald Trump's last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the U.S. could tip into recession.
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U.S. economy likely created modest 130,000 jobs last month as Trump trade wars lift recession fears
WASHINGTON (AP) — The U.S. job market is slowing at a time when Americans are increasingly anxious about what President Donald Trump’s trade wars are going to do to the economy.
Mexico celebrates dodging latest US tariffs but feels the effects of global economic uncertainty
MEXICO CITY (AP) — Mexico celebrated Thursday having dodged the from the White House taking aim at dozens of U.S. trading partners around the world, but was also quickly reminded that in a global economy the effects of uncertainty can’t be entirely avoided.
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Bank of Japan survey says big manufacturers gloomier as Trump tariffs loom
TOKYO (AP) — Business sentiment among large Japanese manufacturers has worsened for the first time in a year, partly because of worries about U.S. President tariffs, according to a survey by Japan’s central bank released Tuesday.
China's Xi makes strong push for greater foreign investment as economy continues to lag
BEIJING (AP) — In an address to major global business leaders, Chinese President Xi Jinping urged foreign investors to have faith in China’s business prospects, the latest move to revive the world’s second-largest economy that has been dragged down by a property bust and a loss of momentum.
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