Tag: tariffs
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U.S. will have a recession in 2025 if high tariffs stay, Apollo’s Slok says
Torsten Slok, chief economist at Apollo Global Management, is certain the U.S. will fall into a recession this year if tariffs stay where...
American Express cardholders still spending despite Trump tariffs
American Express' affluent cardholders are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial...
Powell indicates tariffs could pose a two-pronged policy challenge for the Fed
Federal Reserve Chair Jerome Powell expressed concern in a speech Wednesday that the central bank could find itself in a dilemma between controlling...
Tariffs spell trouble for VCs amid Klarna, StubHub IPO delays
A VIX volatility index chart on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 19,...
How China’s exporters are scrambling to mitigate the impact of punishing U.S. tariffs
A large number of machinery and vehicles are ready for shipment at the dock of the Oriental Port Branch of Lianyungang Port in...
