Gold price rises above $3,000 an ounce for first time amid economic uncertainty
George Milling-Stanley, chief gold strategist at State Street Global Advisors, says 40% of the gold in the past 12 months still have feet. This is why. Friday broke the $3,000 ounce price threshold for the first time on Friday. Donald Trump's Tariff war. Spot Gold prices fell below the $3,000 level as traders earned profits […]
‘Feckless, Reckless, And Rudderless’: Kellyanne Conway Says Democrats’ Spending Causes Economic Crisis
Former Trump adviser Kellyanne Conway appeared on Fox Business on Thursday, criticising Democrats' treatment of the economy, describing their approach as “reckless, reckless, unrudderless.” When he appeared in “Editing the Evening,” Conway said there was a widespread disapproval of economic policy under the Biden administration. The sentiment stems from Democrats' preference for allocating federal funds […]
Most say Trump too erratic in economic moves: Survey
According to a new survey, most Americans consider him “too unstable” when implementing his trade agenda, as President Trump slaps tariffs on his top trading partners and wants him to fight high prices. Published Wednesday night. A new Reuters/Ipsos poll shows 57% of US voters, including about a third of Republicans, are unstable as the […]
Breitbart Business Digest: Trump’s Economic Detox
Economics that detoxify the American economy That's what the American economy is like I live with the time I borrowed and the money I borrowed. For years, Washington sent out cheap credits, printed trillions and supported them It looked strong on paper, but underneath it was corrupted economy. Under Joe Biden, nearly 85% of employment […]
Dow Falls 890 Points, Tech Stocks Plunge Amid Economic Fears
U.S. stocks sold heavily on Monday, with the major index recording the sharpest decline of the year amid growth in indications that the economy could be more vulnerable than previously believed. The S&P 500 fell 2.69%, reducing its worst days in months, but Nasdaq's composites plummeted 4.00% due to a sudden loss in technology stock. […]
Trump economic adviser: 'First quarter is going to squeak into the positive category'
“The first quarter will be squealing in a positive category,” said Kevin Hassett, director of the National Economic Council. Stocks fell sharply on Monday in part in response to the growing trade war caused by the Trump administration, but Hassett said he was not worried about the recession. “[I’d] Joe should be very careful about […]
Pound Sterling holds onto gains against US Dollar amid concerns over US economic outlook – FXStreet
Pound Sterling Grip has earned more than 1.2900 against the US dollar as investors expect Trump's policies to reduce the momentum of US growth. Fed's Powell reiterated that central banks need to be more clear before adjusting monetary policy. Boe's Mann opposes a progressive and careful approach to monetary policy easing. Pound Sterling (GBP) will […]
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada
Kevin Hassett, director of the Trump administration's National Economic Council, said the US has not launched a trade war with Mexico and Canada, but it is a “drug war.” Hassett joined ABC News' “This Week,” where he spoke about the evolving nature of President Trump's tariffs on his neighbouring countries. “What happened was that we […]
Kevin O'Leary on Trump's tariff threat at World Economic Forum
‘LOUD AND CLEAR’: “Shark Tank” star Kevin O’Leary breaks down President Trump’s “tariff signal” to different countries at the … source
Trump’s tariffs: Economic genius or costly mistake?
President Trump's tariffs on China, Canada and Mexico are controversial and justifiable. “China is the enemy in many ways,” says economic expert and bestselling author Carol Ross. Stu Burguiere About “Stu Does America” ”But in reality, we are very dependent on China on both sides of the coin, so to speak.” “One thing is certainly […]