7 d. ago Luxury car maker makes huge call about car production that's a MASSIVE win for Trump

President Trump's auto tariffs are increasingly having an impact on the car market in the US.

Politics

7 d. ago Mercedes makes huge call about future of cars in US in wake of Trump's steep tariffs

President Trump's auto tariffs are increasingly having an impact on the car market in the US.

Politics

1 week ago America says it’s Trump’s economy (despite his constant blaming of Biden)

Donald Trump has consistently blamed Joe Biden for the turbulent stock market after the president triggered a global trade war with his tariffs

Politics

1 week ago Jobs report defies expectations and hiring remains steady despite concerns over Trump’s tariffs

The report gives the first glimpse of how the economy has fared after Trump’s so-called ‘Liberation Day’ when he introduced sweeping tariffs that plunged the stock market into chaos

Politics

1 week ago McDonald’s posts surprise decline in global sales in first quarter

Firm was navigating ‘toughest of market conditions’ when Trump’s tariffs worsened wallet pressures on consumersMcDonald’s posted a surprise decline in first-quarter global sales on Thursday, as demand from cash-strapped diners in its key markets faltered on uncertainty sparked by chaotic tariffs.The company was navigating the “toughest of market conditions”, the company’s CEO Chris Kempczinski said, as global comparable sales fell 1%, while analysts on average had estimated a 0.95% rise. Continue reading...

Politics

1 week ago Trump’s stock market in his first 100 days wasn’t just among the worst ever

‘This is Biden’s Stock Market, not Trump’s,’ the president wrote on Wednesday morning

Politics

1 week ago US GDP report to show if economy expanded in last quarter, after eurozone growth accelerates – business live

First estimate of US GDP for Q1 2025 will show whether tariffs hurt growthUK house prices fall but market ‘likely to pick up’ during summerChina manufacturing activity plummets amid Trump tariff warFrance’s economy is likely to “flirt with stagnation” throughout the year, despite the small rebound in GDP in the last quarter, predicts Dutch bank ING.Charlotte de Montpellier, ING’s senior economist for France and Switzerland, explains:The additional customs duties in the US and their direct and indirect impact will delay the French economy’s rebound. We estimate that the direct effect of a permanent 10% import duty in the US on French GDP (via a reduction in exports) will be around -0.1%.Adding to this are the effects of uncertainty, the global economic slowdown and more restrictive fiscal policy, all of which will weigh on French economic activity throughout the year. The cooling in the labour market is likely to limit the recovery in household consumption, and the savings rate is se...

Economics

2 w. ago Automakers focus on the global market, chide the US over tariffs at Shanghai's auto show

Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of cars and auto parts

Economics

2 w. ago China schools Trump on the art of a tariff deal: Don’t threaten us

Donald Trump has announced he’s willing to back way off Chinese tariffs after his levy package hit the stock market, the strength of the dollar, small businesses and American jobs.

Economics

2 w. ago UK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live

UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade dealEuropean stocks have also opened higher, as a wave of relief spread across markets.The UK’s FTSE 100 index is up by 1.2% at 8,430, while the Italian FTSE MiB rose by 1.4%.Bessent threw a lifeline to fragile US sentiment with conciliatory remarks on the US-China trade war. Bessent said the current tariff situation is “unsustainable” and expects a de-escalation in the near term.We could witness a period where the dollar is tossed around by headlines of Fed independence risk and market-friendly news on US tariff policy. What is clear by now is that no other G10 currency has a higher positive beta to trade news than the dollar. Continue reading...

Politics

2 w. ago Dow is heading for its worst April since the Great Depression as investors fear Trump’s tactics

Chief investment officer says it’s ‘impossible to commit capital to an economy that is unstable and unknowable because of policy structure’

Politics

2 w. ago US tariffs hit retro gaming: Anbernic suspends console shipments to US

Tariffs on retro handheld consoles pose challenges for US buyers, but temporary solutions through domestic warehouses offer some relief

Economics

3 w. ago Global confidence slumps as trade turmoil looms over IMF meetings

Tariff shock and market slide are among rising threats to growth, Brookings-FT Tiger index shows

Politics

3 w. ago ‘Sell America’: investors are increasingly avoiding the US – here’s what it means for Australian markets

After decades as a safe haven, Donald Trump’s economic upheaval has some traders looking to put their money elsewhere – and countries looking to decouple their economiesElection 2025 live updates: Australia federal election campaignGet our afternoon election email, free app or daily news podcastAt the same time as Australians are cutting back on plans to visit the US under Donald Trump, a new type of investment strategy designed to avoid America is fast gaining popularity.The “sell America trade”, an expression that barely existed before Trump spooked markets by unveiling his new tariff regime late on 2 April, is now a common expression among traders and appears regularly in investment notes to explain the day’s price movements. Continue reading...

Economics

3 w. ago Wall Street slashes stock market forecasts amid Trump tariff fears

Banks expect gain of just 2% for S&P 500 this year, with JPMorgan and BofA among those lowering estimates

Politics

3 w. ago News | How US tariffs could spark new opportunities in the central London office market

News | How US tariffs could spark new opportunities in the central London office market  CoStar

Economics

3 w. ago Santander deposes UBS as continental Europe’s most valuable bank

Swiss lender’s market capitalisation has been hit harder by US tariffs than Spanish rival

Politics

3 w. ago Venture Global debt deal wakes US junk bond market from tariff slumber

Upsized offering from energy group ends two-week high-yield bond drought triggered by Trump trade war

Economics

3 w. ago Donald Trump ally Marjorie Taylor Greene made huge stock market moves BEFORE tariffs were halted

Alexandria Ocasio-Cortez on warpath after it was revealed Trump devotee Marjorie Taylor Greene bought large amounts of stock just hours before president's tariff pause.

Politics

3 w. ago Marjorie Taylor Greene's huge stock buy the day before Trump's tariff U

Marjorie Taylor Greene has admitted to purchasing between tens and hundreds of thousands of dollars worth of stock the day before and the day of Donald Trump's tariff pause.

Politics