Jamie Dimon's Economic Outlook: Why He's Cautious
JPMorgan Chase CEO Jamie Dimon often expresses concerns about the economy. While his outlook can seem gloomy, his bank o...
Rising Bond Yields Shake Financial Markets
Financial markets are experiencing increased volatility due to several factors, including large government budget defici...
Markets Unfazed by Latest Tariff Developments
U.S. financial markets appear to be absorbing the latest round of tariff uncertainty with relative calm. Despite recent...
Stocks Surge, Dollar Gains After Tariff Delay
Global markets reacted positively Thursday after a U.S. court temporarily blocked new tariffs proposed by the Trump admi...
Market Uncertainty Rises After New Tariff Threats
Global markets reacted negatively to President Trump's recent announcement of potential tariffs on goods from the Europe...
G7 Finance Ministers Pledge Support for Ukraine, Address Eco...
Finance ministers from the G7 nations reaffirmed their commitment to supporting Ukraine in its conflict with Russia. The...
Markets React to House Approval of Trump Spending Bill
Financial markets are showing mixed reactions after the House of Representatives passed a large spending and tax bill ch...
Bill Proposes $1,000 'Trump Accounts' for Newborns
A new bill proposes giving every newborn child a $1,000 investment account, dubbed 'Trump Accounts.' The funds would be...
US Bond Auction Weakness Triggers Market Drop
Concerns about increasing government debt worldwide, potentially worsened by proposed spending and tax cuts, led to a po...
Trade Tensions and Budget Bill Stir Investor Concerns
Investors are feeling uneasy as President Trump's trade disputes continue. Adding to the worry is a new government spend...
Market Unease Grows Over Potential Deficit Impact of Spendin...
Financial markets are reacting cautiously to a large spending bill, concerned it could significantly increase the federa...
Ukraine War Outcome: Why It Impacts the United States
The ongoing war in Ukraine has significant implications for the United States' future. America faces a choice: confront...
Mortgage Rates Jump Above 7% After US Credit Rating Downgrad...
Mortgage rates climbed above 7% this week, reversing a period of relative stability. The increase follows Moody's recent...
Jamie Dimon: Markets Underestimate Tariff and Deficit Risks
JPMorgan Chase CEO Jamie Dimon believes financial markets aren't fully recognizing the potential dangers posed by growin...
Markets Fall Amid U.S. Debt Concerns
Stock markets declined today as investors reacted to worries about U.S. government debt. A recent credit rating adjustme...
Moody's Downgrades US Credit Rating Due to Rising Debt
Moody's Ratings lowered the United States' credit rating from Aaa to Aa1, citing concerns over increasing government deb...
Bond Market Reacts to US Budget Debate
Investors are watching the U.S. budget debate closely, worried about the potential impact of tax plans on the national d...
Utah Treasurer Urges Financial Officers to Challenge ESG, DE...
Utah State Treasurer Marlo Oaks is calling on state financial officers to push back against Environmental, Social, and G...
India, Pakistan Show Signs of Calm After Cease-Fire
Following a weekend cease-fire, India and Pakistan are showing signs of returning to normal. Civilian flights have resum...
US and China Tariff Cuts Boost Investor Confidence
Investors reacted positively Monday as the U.S. and China agreed to reduce tariffs on goods traded between the two count...
Stock Market Performance Under Trump: Slowest Start Since 19...
The stock market's performance during the early months of the Trump administration has been the weakest in decades. Econ...
China Denies Tariff Talks Despite Trump's Claim
President Trump stated that the U.S. is currently engaged in tariff discussions with China, a remark seemingly intended...
Trump Tariffs Spark Market Uncertainty, Economic Concerns
Financial markets are reacting to ongoing tariffs imposed by the Trump administration, leading to increased volatility a...
Companies Warn Tariffs Could Hurt Profits and Consumers
Businesses are increasingly expressing concerns about the potential negative effects of tariffs. These trade taxes could...
Trump Says He Will Not Fire Federal Reserve Chair Jerome Pow...
Former President Donald Trump stated he has no plans to remove Jerome Powell as the head of the Federal Reserve. This an...
Trump Criticizes Fed Chair, Markets React
Former President Donald Trump has increased his criticism of Federal Reserve Chair Jerome Powell, raising concerns about...
Market Uncertainty Rises Amid Trump's Call for Fed Rate Cuts
Financial markets experienced increased volatility following President Trump's renewed pressure on the Federal Reserve t...
S&P 500 Drops as Trump Criticizes Fed's Powell
The stock market experienced a significant decline on Monday, with the S&P 500 falling sharply. This drop occurred as Pr...
Economists Weigh Recession Risks Amid Global Uncertainty
Experts are analyzing the rising risks of a recession due to tariffs, Federal Reserve policy, and a fluctuating dollar....
Trump's Criticism of Fed Chair Powell Calibrated by Market C...
Former President Trump has recently renewed his criticism of Federal Reserve Chair Jerome Powell. However, advisors sugg...
China Rejects Trump's Trade Accusations Amid Tariff Impact
China's Commerce Ministry responded sharply to accusations from the Trump administration, claiming the U.S. is violating...
Trump Accuses China of Trade Deal Violations, Markets React
Former President Donald Trump has accused China of violating the trade agreement previously established with the United...
Trump Tariff Uncertainty Persists After Court Ruling
A recent court decision has put President Trump's "liberation day" tariffs on hold, drawing criticism from the White Hou...
Auditing Watchdog's Future in Question: Experts Warn of Potential Risks
Republican lawmakers are proposing to eliminate the Public Company Accounting Oversight Board (PCAOB), an organization c...
Trump Threatens New Tariffs on European Goods, Markets React
Former President Donald Trump has reignited trade tensions with the European Union by threatening to impose tariffs on E...
Trump Floats Steep Tariffs on EU Goods and iPhones
Former President Donald Trump has suggested imposing significant tariffs on goods from the European Union and iPhones. T...
Dow Plunges 800 Points Amid Bond Sell-Off and Tax Cut Concerns
The Dow Jones Industrial Average took a significant hit, closing down 800 points as investors reacted to a surge in bond...
Moody's Downgrades US Credit Rating: What it Means
Moody's, a major credit rating agency, lowered the U.S. government's credit rating from AAA to Aa1. This change suggests...
Treasury Sec. Bessent Dismisses Moody's Downgrade as 'Lagging'
Treasury Secretary Scott Bessent downplayed Moody's recent downgrade of the U.S. credit rating, calling the agency a "la...
US and China Reach Tariff Agreement: What Changed?
After weeks of market uncertainty caused by escalating trade tensions, the United States and China have reached a tariff...
Federal Reserve Holds Interest Rates Steady
The Federal Reserve decided to keep interest rates as they are, holding steady after a series of increases. This decisio...
Fed Holds Interest Rates Steady Amid Economic Uncertainty
The Federal Reserve decided to keep U.S. interest rates as they are, citing ongoing concerns about international trade a...
US and China to Resume Trade Talks This Week
The United States and China are scheduled to restart trade negotiations this week, aiming to ease tensions in their ongo...
Global Trade and Fed Rate Decision in Focus: CBS News Update
Investors are closely watching for developments in global trade deals, which could significantly impact the economy. The...
Trump Nominates Waltz to UN, Tech Stocks Dip After Earnings
Former President Trump has nominated Mike Waltz as the U.N. ambassador. This announcement comes as Senator Marco Rubio t...
US Economy Shrinks, Trump Tariffs Impact Port Workers
The U.S. economy contracted in the first quarter of 2025, sending ripples through financial markets. This economic downt...
Trump's Criticism of the Federal Reserve: What's Behind It?
Former President Donald Trump has repeatedly criticized the U.S. Federal Reserve, the nation's central bank. These attac...
Stock Futures Drop, Pointing to a Slow Start for Friday Trading
Stock futures initially showed promise overnight, but those gains evaporated early Friday morning. Renewed selling press...
Trump Signals Potential Easing of China Tariffs, Denies Fed Chair Ouster
Former President Donald Trump suggested he might consider reducing tariffs on Chinese goods, offering a potential sign o...
Stocks Fall Amid Trade Concerns and Fed Criticism
U.S. stock markets experienced a downturn Monday as investors reacted to continued trade tensions and President Trump's...
Trump's Fed Criticism Rattles Markets, Dollar Weakens
President Trump's ongoing criticism of the Federal Reserve and his tariff policies are creating uncertainty in the marke...