Trump policy nudges euro toward parity with U.S. dollar
Oscar Wong | Moment | Getty Images Euro is expected to hit parity with the dollar Economists expect the euro to fall to or even below parity with the U.S.…
These economists say AI can improve the fiscal health of the U.S.
Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer…
S&P correction could happen if GDP or earnings growth slows, says asset manager
In an environment of high valuations, one of two “catalysts” could cause a market correction. That’s according to Brian Arcese, portfolio manager of the Singapore-based Foord Asset Management, who said…
China says it is willing to talk with U.S. to push forward bilateral trade
China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the development of bilateral economic and trade relations, vice commerce…
Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S.
Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024. Bloomberg | Bloomberg | Getty Images Fears are…
Trump tariffs to push down U.S. growth going into 2026: Morgan Stanley
Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images Donald Trump’s proposed tariffs will dent U.S. economic growth…
Double threat of Trump tariffs, new port strikes has shippers on edge
The Garden City Port Terminal in Savannah, Georgia. Sean Rayford | Getty Images Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the…
During meeting with Biden, China’s Xi cautions the U.S. to ‘make the wise choice’ to keep relations stable
China’s leader Xi Jinping met for the last time with U.S. President Joe Biden on Saturday but was already looking ahead to President-elect Donald Trump and his “America first” policies,…
Here’s the deflation breakdown for October 2024 — in one chart
As inflation has throttled back from pandemic-era highs, consumers have seen prices decline outright for many household items. This dynamic, known as deflation, generally doesn’t occur on a broad, sustained…