Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling uncertainty that threatens "severe negative consequences" for the world, the World ...

The Pershing Square hedge fund manager urged the Trump administration to freeze tariff plans for 90 days to preven an ...

The US risks nearing stagflation, while Europe faces stagnation. American consumers could lose $3,800 in purchasing power, ...

Billionaire hedge fund manager Bill Ackman was a supporter of Donald Trump’s bid for the White House but has now demanded ...

A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as ...

Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 ...

A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver ...

China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But ...

Even though many commodities, like oil, were exempt from tariffs, the broader economic effects are likely to take a toll if ...