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President Trump unleashes steep tariffs on over 60 countries—including Canada, India, and Switzerland—sending shockwaves through global trade. As markets plunge and July’s weak jobs report reveals deepening cracks in the U.S. labor market, fears rise over economic uncertainty, stalled hiring, and pressure on the Federal Reserve to cut interest rates. Tariffs, Tensions, and Turmoil On …
Jefferies View On Trump’s Second term:In this detailed analysis, former Fed economist and Jefferies strategist David Zervos shares insights on the growing concerns around the politicization of U.S. jobs data under the Trump administration, the rapid pace of trade deals with global partners, and why markets are shifting their focus from trade tensions to monetary …
President Donald Trump has ordered the deployment of two U.S. nuclear submarines following threatening remarks by former Russian President Dmitri Medvedev, escalating tensions between Washington and Moscow. The move comes days after the White House gave Russia a 10-day ultimatum to agree to a ceasefire in Ukraine or face new sanctions. While Medvedev reminded the …
Former Trump economic adviser Stephen Moore is calling for Federal Reserve Chair Jerome Powell to resign, accusing him of being the “most political Fed Chairman” in modern history. Moore criticized Powell’s handling of both inflation and interest rates, arguing that his decisions have harmed the economy under both the Trump and Biden administrations. The comments …
JPMorgan CEO Jamie Dimon, in an exclusive interview, shared insights on the U.S. economy, predicting upcoming Fed rate cuts, supporting more measured tariffs, and highlighting AI and regulatory reform as key drivers of future growth. He also defended Fed Chair Jerome Powell and expressed optimism about productivity gains despite global uncertainties. Jamie Dimon Predicts Fed …
President Donald Trump has reignited his criticism of Federal Reserve Chair Jerome Powell for keeping U.S. interest rates at two-decade highs, blaming the Fed for hurting homebuyers and farmers. Backed by Kansas Senator Roger Marshall, Trump argues that each percentage point in high rates costs the U.S. $365 billion annually. The controversy deepened as two …
US China Trade Talks Stall Amid Rising Tensions:The recent U.S.-China trade talks concluded without resolving key tariff issues, as deeper geopolitical concerns took center stage. Treasury Secretary Scott Bessent raised alarms over China’s ties with Iran and Russia, its control over global ports including the Panama Canal, and ongoing tensions around fentanyl, semiconductors, and artificial …
Tariffs Bring in Record Revenue For USA: The U.S. economy posted a strong 3% growth in Q2 2025, driven by rising capital expenditures and a shrinking trade deficit. Treasury Counselor Joe LaVorgna highlighted plans to integrate crypto and stablecoins, which could boost demand for U.S. Treasuries. Meanwhile, tariff revenues are projected to hit $300 billion …
In one of the worst natural disasters to hit China in recent years, the China Floods 2025 have claimed the lives of at least 40 people and forced over 1 lakh residents to evacuate across Beijing, Hebei, Jilin, Shandong, and Shaanxi provinces. Torrential rains dumped nearly a year’s worth of precipitation in just a few …
In June 2025, the U.S. goods trade deficit narrowed sharply by 10.8% to $86 billion—its lowest level since September 2023—driven by a steep drop in imports, especially consumer goods. While the improvement lifted Q2 GDP growth forecasts to 2.9%, it also signals weakening domestic demand, soft labor market conditions, and modest inventory growth, raising concerns …