Fed expected to cut interest rates in 2025 despite trade war — but not until later in year
The Federal Reserve is planning to cut interest rates this year as policymakers put pressure on Trump's fallout from tariffs, according to a survey released Friday. Voted by Bloomberg News, the economist predicted two quarter cuts, with the outlet reporting the first one being expected in September and the second being expected in December. Fed […]
Tesla warns it’s exposed to retaliatory tariffs on exports amid trade war
Bill Oplinger, CEO of Alcoa Corporation, is Varney & Co. Joining the news that President Donald Trump intends to double tariffs on steel and aluminum imports by 50%. Tesla warns that IT and other US exporters could be hit by retaliatory tariffs as president Donald Trump It imposes taxes on American trading partners. In a […]
DK Metcalf gets engaged to Normani days after Steelers trade
DK Metcalf has been having a busy offseason. Metcalf revealed at an introductory press conference with the Steelers on Thursday that he has been engaged to his longtime girlfriend and R&B singer Normani. “That lockup, baby,” Metcalf told his new fiancé, speaking to reporters a few days after his deal with the Seahawks. “That lockup, […]
Southwest trolls Mavs’ Luka Doncic trade amid airline’s bag fees fallout
Southwest Airlines has tricked the Dallas Mavericks over the team's shocking decision to move on from superstar Luka Donsic. Donsic was the heart of the blockbuster trade that sent five All-Stars to the Los Angeles Lakers five times earlier last month, disappointing the majority of the franchise's fanbase. Mavs received draft picks in exchange for […]
S&P 500 slides into correction territory as Trump trade wars spook investors | Stock markets
The S&P 500, the US major stock market index, was closed in the revised territory Thursday as Donald Trump's trade war volatility rattled investors. The index fell more than 10% from its February 19th peak as Wall Street approached the end of the second week of pressure. The technology-focused NASDAQ composite also closed its amendment […]
Gold price hit all-time high near $3,000 as trade tensions rock markets – FXStreet
Gold is up 1.70% to a fresh record of $2,985 due to uncertainty about US trade policy. Mixed signals from Trump administration officials about the trade-induced recession fear fuel investors will plunge into gold and Japanese yen. The market will focus on the Fed's policy decisions next week, with constant but important hints expected from […]
Democrats grill Trump ambassador nominees for Canada, Mexico amid trade battles
The Democratic senator said he grilled candidates for Canadian and Mexican presidential candidates to the Senate's Foreign Relations Committee, which heard the administration's new trade policy on Thursday, affecting US relations with allies. Noting that her hometown state in New Hampshire has the highest percentage of Canadian-Americans than any other state in the United States, […]
Trump says US is involved in ‘Stupid Trade,’ not ‘free trade’
US Secretary of Commerce Howard Lutnick breaks down the reasons behind many tariffs, responds to trade criticism, and reveals the ultimate goal of President Donald Trump's negotiation tactics. President Donald Trump says the United States is involved in “silly trade” rather than “free trade.” Trump spoke out about his true social account on Thursday after […]
Bitcoin price drops 2% as falling inflation boosts US trade war fears – TradingView
Bitcoin btcusd I shrugged at the Wall Street Open on March 13th as US inflation markers continued to fall. Is good news bad news? Bitcoin is below stocks Cointelegraph Markets Pro and TradingView data showed btcusd $81,500, a 2.3% drop on the day. The February printing of the Producer Price Index (PPI) appeared below the […]
Trump Threatens 200% Tariff On European Wines And Champagnes Amid Escalating Trade Tensions
US President Donald Trump will speak at a St. Patrick's Day event with Ireland's Taoisiech Michelle Martin and his wife, Mary O'Shea, in the Eastern Room of the White House on March 12, 2025 in Washington, DC. Martin traveled to the United States for the annual St. Patrick's Day visit of Irish leaders, where he […]