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 […]
Top Trump economic aide: 'No, we're not headed for a recession'
President Trump's top economic aide on Friday said the country is not heading towards a recession and defended the commander with chief tariffs on the US's biggest trading partner. “No, we're not heading towards a recession, but as you know, don't forget that the tariffs placed alongside Canada and Mexico are fighting the war on […]
Bessent Lays Out Trump’s America First Economic Vision
Scott Bescent explains the three pillars of Trumpnomics Treasury Secretary Scott Bescent spoke today in front of a New York Economic Club Laid out The Intellectual Foundation of Trump's Economic Visionexplains a comprehensive strategy designed to restore America's prosperity and restore economic sovereignty. At the heart of this strategy Three basic priorities: Reorient global trade […]
Trump faces new economic uncertainties amid trade battles
President Trump faces growing concern among business leaders, prior to his new administration's first employment report. Many economic forecasts show that the US has seen a slight increase in unemployment rate last month, adding around 150,000 jobs. But Trump's new tariffs, massive firing of federal workers, increased inflation and slowing economic growth will overturn the […]