2 h. ago Bond giant says Trump tariffs mean recession chances ‘highest they’ve been in years’

President serious about bringing back reciprocal levies, says Pimco chief investment officer Dan Ivascyn, warning investors against complacency over ‘off-ramps’

Politics

59 h. ago Companies are leaving more jobs unfilled as economic worries hit pause on corporate spending

Trump’s global trade war continues to cause concern about a potential recession

Economics

4 d. ago Trump blows off trade war recession fears: ‘Everything’s ok’

President says U.S. economy will undergo ‘transition period’

Politics

7 d. ago World's biggest hedge fund boss warns it's 'too late' to fix Trump's tariff damage

A hedge fund manager, who previously joined a chorus of analysts correctly warning about the 2008 great recession, is speaking out again.

Events

7 d. ago US economy shrinks in first quarter of Trump 2.0 amid sweeping tariffs

Drop comes amid a huge fall in consumer sentiment which in April dropped 32% to lowest level since 1990 recessionThe US economy shrank in the first three months of Donald Trump’s second term as the president sought to roll out an aggressive trade strategy, claiming that sweeping tariffs on the world would strengthen the US economy.Gross domestic product (GDP), a key measure of overall growth in the US economy, fell by 0.3% in the first quarter of the year, down from 2.4% in the last quarter of 2024. The contraction – the first since the start of 2022 – puts the US on the brink of a technical recession, defined by two quarters of negative growth. Continue reading...

Politics

1 week ago Trump's tariff wars 'are not working,' says France's chief banker highlighting US recession fears

Francois Villeroy de Galhau slammed the uncertainty the US president’s import levies have sparked in economies and markets around the world

Economics

1 week ago Trump tariffs: President vents at China over Boeing as Beijing denies claims of trade deal talks

Beijing called claims of trade talks ‘groundless as trying to catch the wind’ and having ‘no factual basis’ as Trump insisted they were happening

Politics

1 week ago Trump’s polling plunge continues as he loses ground on immigration and his trade war

ANALYSIS: President’s two biggest issues are now the areas where he’s losing the most support. That’s a problem for Republicans in Congress, writes John Bowden

Politics

1 week ago Trump tariffs live: President vents at China over Boeing as Beijing denies claims of trade deal talks

Lawsuit comes as president warned he could re-impose higher tariffs in as little as two weeks

Politics

2 w. ago Trump tariffs live: Dozen US states sue to stop ‘insane’ policy as president threatens more global levies

The lawsuit comes as the president warned he could re-impose the higher tariffs in as little as two weeks

Politics

2 w. ago Is a US recession on the horizon amid Trump’s tariffs? | Jeffrey Frankel

Expectations that the Fed will cut short-term interest rates and falling consumer confidence could indicate what is aheadImagine you are sailing a ship through dense fog, looking out for land. Your lookout spots species of birds typically found offshore. It now seems likely that you are approaching land, but it is impossible to know for sure until you see the coastline. If a US recession is land, the “birds” are already swooping into view. But these sightings offer no guarantees of what lies ahead, only probabilities.An inverted yield curve, when the long-term interest rate falls to or below the short-term rate, is commonly considered to be a predictor of recession. The 10-year bond rate did fall below the three-month Treasury rate in March, although the two are now at about the same level. In any case, the yield curve does not actually tell us much. It simply reflects financial market expectations that the US Federal Reserve might cut short-term interest rates in the future, which ...

Politics

2 w. ago Elliott’s ‘lone wolf’: the hedge fund maverick waging war on Big Oil

Other activist investors now take a less confrontational approach. John Pike is in a full-blown proxy fight

Events

2 w. ago Trump live updates: Just 37% of Americans approve of president’s handling of economy, poll shows

The majority of Americans now fear a recession, even as Donald Trump conceded ultra-high tariffs on China would fall but warned they would not hit zero

Politics

2 w. ago Trump’s tariffs spark global recession fears as White House hints at trade deal with China: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Economics

2 w. ago Trump’s tariffs raise chances of U.S. and global recession to ‘almost 100%’, economist warns: Live updates

The International Monetary Fund downgraded growth in nearly all countries amid ongoing uncertainty from the Trump administration’s trade policy

Events

2 w. ago Hedge fund Elliott turns up heat on BP with demand for deep spending cuts

US activist discloses 5% stake and warns pivot back to oil and gas does not go far enough

Economics

2 w. ago Recession ‘absolutely’ will happen if Trump’s tariffs remain, top financial expert says

‘We will have bankruptcies of retailers of very significant magnitudes if this is allowed to continue,’ Torsten Slok says

Economics

2 w. ago Gossip, gowns and Agas: could Ladies of the Cotswolds be reality TV’s next big thing?

Grand Designs team to make show set in wealthy English countryside that promises to be part glittering social whirl and part bloodbath The Cotswolds had better steel itself: reality television is upon it. A series is planned (rumoured working title: Ladies of the Cotswolds) and it sounds posher than most. It’s made by the company behind Grand Designs and set in the “chocolate box” town of Charlbury, in the Evenlode valley.Names are being proposed for the series, such as Gabriela Peacock (nutritionist entrepreneur married to hedge fund banker David Peacock, and pals with Joan Collins and Princess Beatrice). Plum Sykes (author of last year’s Cotswolds-set novel Wives Like Us) is thought to be scripting the voiceover. Then there’s “Suzie Jet” (Suzannah Harvey), CEO of the local airport. How marvellously down to earth and relatable they all sound. Though of course they don’t, and that’s the point. Continue reading...

Events

2 w. ago Hedge fund guru dubbed the new Warren Buffett buys stake in troubled US company... and shares soar 100%

Bill Ackman is getting involved in the car rental business.

Events

2 w. ago Trump Media urges regulators to investigate hedge fund’s vast bet against stock

Company behind Truth Social accuses London-based hedge fund Qube of alleged ‘suspicious trading activity’Donald Trump’s fledgling media firm has urged market regulators to investigate “suspicious activity” after a London-based hedge fund disclosed a vast bet against its stock.Trump Media & Technology Group, owner of the US president’s Truth Social platform, raised questions over trading by Qube Research & Technologies. Continue reading...

Economics