31 m. ago Seesaw day ends with Dow down as Trump’s tariff reports send stock markets on wild swings

Claims that Kevin Hassett said Donald Trump is considering a 90-day pause on tariffs are ‘fake news’

Politics

33 m. ago Trump says US in direct talks with Iran over nuclear program as he holds Oval Office meeting with Netanyahu – US politics live

President says talks to continue on Saturday and adds he and Israeli president also discussed tariffs and Israel-Gaza warEU ministers are in Luxembourg to consider the European Union’s response to Trump’s sweeping tariff regime amid continuing market turmoil and heightened fears of a global economic recession.It comes after Trump doubled down on his tariff policy in comments aboard Air Force One overnight. He said Europe “has treated us very, very badly,” and “has taken our leaders for a ride”, and declined to hold talks on changing tariffs “unless they pay us a lot of money on a yearly basis”. He also repeated criticism of Europe for not spending a fair share on Nato. Continue reading...

Politics

38 m. ago Donald Trump says he is not looking at pausing tariffs as US markets close after rocky day – business live

US president, when asked about considering a pause in global tariffs, says ‘We’re not looking at that’Trump threatens additional 50% tariffs on China over retaliatory leviesVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

41 m. ago Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

Economics

70 m. ago Trump says there will be NO pause on tariffs as he tears into countries 'ripping off' America: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

94 m. ago Rollercoaster day for global stock markets as BlackRock CEO says US ‘probably in recession’ – business live

Larry Fink says most CEOs he talked to agreed with assessment; US indexes see sharp ups and downs; UK index loses nearly 4.5% US politics live: Trump threatens China with additional tariffsVolatility grips global stock markets as Trump insists on tariff ‘medicine’Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...

Economics

1 hour ago Ohtani, Betts and World Series champion Dodgers visit Trump at the White House

President Donald Trump welcomed Shohei Ohtani, Mookie Betts and the reigning champion Los Angeles Dodgers to the White House on Monday to congratulate them for winning the World Series last season

Politics

1 hour ago Are we heading for another 2008? The context behind Trump’s £6.4 trillion stock market collapse

Historical downturns in stock markets have been followed by recoveries – but timeframes can be uncertain

Economics

2 h. ago The US president must act now to prevent his ‘Trump Slump’ becoming a global one

Editorial: As confidence drains from the world economy, the stock market contagion sparked by Donald Trump’s tariffs could yet spread to the banks, with a trade recession joined by a credit crunch. If he presses on, the dangers are unthinkable

Politics

2 h. ago Bogus report on tariff pause briefly lifted markets before White House denied it

A bogus rumor that President Donald Trump was considering a pause in tariffs briefly lifted markets Monday before the White House shot down the unfounded reports

Economics

2 h. ago Tiffany Trump reveals baby's gender at shower after wardrobe hint

President Donald Trump's youngest daughter proudly showed off her bump at her whimsical celebration over the weekend as she eagerly awaits the birth of her first child.

Politics

2 h. ago Informal ties with US philanthropists like Howard Buffett firm despite shaky US–Ukraine relations

Uncertainty in U.S.–Ukraine relations is growing, but informal ties with some U.S. philanthropists built over three years of war with Russia are holding firm

Events

3 h. ago How do you price the risk of ‘economic nuclear winter’? The market hasn’t a clue | Nils Pratley

While US bosses look terrified of being labelled unpatriotic over Trump’s tariffs, stock markets are trading on guessworkVolatility grips global stock markets as Trump insists on tariff ‘medicine’What is the correct level of fall in the stock market if the US president declares economic war on the rest of the world even at the risk of causing a recession in his own country? Does 10% capture it? Or 12%, which was roughly the S&P 500 index’s three-day decline by the time the London market closed on Monday? Or 15%? How about 20%? More? A lot more?During three straight days of heavy falls in the share prices everywhere, a striking feature has been the absence of wise old market heads popping up to argue that the panic is perhaps a little overdone and fair value is emerging. Instead, the collective mood is stuck in bewildered mode for understandable reasons. Continue reading...

Economics

3 h. ago Mystery as Trump 'cancels' press conference with Netanyahu amid global tariff market meltdown: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Politics

3 h. ago Global recession fears as markets plunge on Trump’s tariff ‘medicine’

Banks warn of slowdown but president threatens to escalate trade war with China by imposing even higher import taxes

Economics

3 h. ago Ben Jennings on the price of a trade deal with the US – cartoon

Continue reading...

Economics

3 h. ago Trump triples down on tariffs as historic market bloodbath fuels MAGA civil war: Live updates

DAILYMAIL.COM LIVE BLOG: Trump is not backing down on his tariffs declaring there's 'no inflation' days after sending the world's economy into frenzy.

Events

3 h. ago Keir Starmer calls for calm in face of ‘era of global instability’ following Donald Trump’s tariffs

The Prime Minister announced fresh support for industry

Politics

3 h. ago Keir Starmer's dire warning over Donald Trump economic chaos

Keir Starmer told Jaguar Land Rover workers in Birmingham that Donald Trump's tariffs were bad news and would have a 'profound' impact across the globe - but vowed to back British workers 'to the hilt'

Events

4 h. ago Petrol car ban date confirmed by Keir Starmer amid Donald Trump tariff fallout

The Prime Minister backed the British car industry on Monday as he warned Donald Trump's tariffs will have a 'profound' impact on the global economy

Politics