Tesla (NASDAQ:TSLA) shares recovered from big losses after tensions between CEO Elon Musk and U.S. President Donald Trump seemed to calm down, reducing investor concerns about potential political...
US inflation may edge up in May but unlikely to dent Fed rate cut bets Focus also on trade negotiations and US appeals court tariff decision Chinese trade data eyed amid tariff war UK employment and...
Uncertainty and risk continue to weigh on the outlook for the economy, but the latest nowcasts for the government’s second-quarter GDP report (due on July 30) are still pointing to recovery after...
The graph below provides a clearer understanding of the US fiscal deficit. First, focus on the red line below, graphing the ratio of federal debt to GDP. Note that it is at the same level today as it...
Trump-Musk public spat overshadows developments elsewhere Trump-Xi call restarts US-China negotiations but outlook clouded Key US data at 12:30 GMT; all eyes on nonfarm payrolls Gold trades...
What's required is not just a revised spreadsheet but an entirely new culture and value system. I've been referencing The Ratchet Effect since 2010, as it explains why shrinking bloat is so much...
Yesterday's session was marked by volatile reactions from the Trump and Xi Jinping discussions as stock indices went from green to red. The Nasdaq which was leading on the way up (+0.76% around...
US-China trade tensions keep abating as the leaders from the two most powerful nations conclude their talks. Both expressed positive comments on their own media outlets as Xi Jinping and Donald Trump...
It was an interesting day in the market, one that felt oddly reminiscent of the old MTV show Celebrity Deathmatch—except instead of claymation wrestling, we got a social media showdown between two...
The Economist asks the question, and says — in part — yes. Rebalancing the global economy is Donald Trump’s defining cause. China should produce less and consume more, the president thinks;...