Larry Summers is really worried about the economy - and fears the US may face a 'Liz Truss moment'Larry Summers warns the US could face a financial crisis comparable to the UK's turmoil in late 2022.
Chinese banks cut lending rates in latest bid to boost growth business liveChina's lending rates have been cut to stimulate economic growth and stabilize the housing market.
Larry Summers is really worried about the economy - and fears the US may face a 'Liz Truss moment'Larry Summers warns the US could face a financial crisis comparable to the UK's turmoil in late 2022.
Chinese banks cut lending rates in latest bid to boost growth business liveChina's lending rates have been cut to stimulate economic growth and stabilize the housing market.
Price hikes, idled factories, layoffs: how car companies are responding to Trump's tariffsTrump's 25% tariffs threaten to escalate vehicle prices and disrupt the auto market.
Ford makes stunning concession to Trump's tariffsFord will offer employee pricing to all customers until June 2 due to Trump’s tariffs on foreign vehicles.Tariffs may increase average new car prices between $5,000 and $15,000 for consumers.
Trump's tariffs could push the UK into a recession as markets tumble - London Business News | Londonlovesbusiness.comTrump's new tariffs may push the UK into a recession, impacting markets and prompting discussions for an economic deal.
Price hikes, idled factories, layoffs: how car companies are responding to Trump's tariffsTrump's 25% tariffs threaten to escalate vehicle prices and disrupt the auto market.
Ford makes stunning concession to Trump's tariffsFord will offer employee pricing to all customers until June 2 due to Trump’s tariffs on foreign vehicles.Tariffs may increase average new car prices between $5,000 and $15,000 for consumers.
Trump's tariffs could push the UK into a recession as markets tumble - London Business News | Londonlovesbusiness.comTrump's new tariffs may push the UK into a recession, impacting markets and prompting discussions for an economic deal.
Pound hits four-month high as Trump's tariff war rattles marketsThe pound rises due to concerns over Trump's trade war and its potential impact on the US economy.
Treasury minister says markets have PTSD' from Liz Truss's budget UK politics liveThe UK government's fiscal situation and market response are distinctively different from the turmoil experienced during Liz Truss's administration.
Pound hits four-month high as Trump's tariff war rattles marketsThe pound rises due to concerns over Trump's trade war and its potential impact on the US economy.
Treasury minister says markets have PTSD' from Liz Truss's budget UK politics liveThe UK government's fiscal situation and market response are distinctively different from the turmoil experienced during Liz Truss's administration.
Euro hits one-month high as investors welcome German election result business liveThe euro's rise reflects investor relief over German election results despite Wall Street's recent decline.
Nissan to call off Honda merger talks, Nikkei saysNissan has decided to abandon merger talks with Honda, citing opposition and strategic uncertainties.
MARA to Offer $700M Convertible Senior Note, Shares Fall 5%MARA Holdings is raising $700 million in convertible notes, impacting its share price negatively despite intended strategic use of proceeds.
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris' Win Unlikely to be BearishBitcoin and ether fell after China's central bank announced stimulus measures, while local stock indices rose sharply as traders favored equities over crypto.
Trump 2.0 sparks limited response from China, why and what's next? - London Business News | Londonlovesbusiness.comTraders are closely monitoring China's economic response to Trump's re-election, especially concerning stimulus measures.
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris' Win Unlikely to be BearishBitcoin and ether fell after China's central bank announced stimulus measures, while local stock indices rose sharply as traders favored equities over crypto.
Trump 2.0 sparks limited response from China, why and what's next? - London Business News | Londonlovesbusiness.comTraders are closely monitoring China's economic response to Trump's re-election, especially concerning stimulus measures.
We've all got Liz Truss PTSD, says minister as he defends market reaction to BudgetThe current Labour Budget reflects a stark departure from Liz Truss's chaotic mini-Budget, aiming for stability and clear economic communication.
Xi Jinping just fired his giant money cannon at the wrong targetBeijing's economic measures aim to revive a struggling economy but may not resolve deeper issues.Wall Street's optimism reflects hope for stability, despite skepticism from analysts.
China moves to boost ailing economy with property, stimulus measuresChina's financial authorities implemented significant stimulus measures to support an economy struggling to meet its growth target.
Xi Jinping just fired his giant money cannon at the wrong targetBeijing's economic measures aim to revive a struggling economy but may not resolve deeper issues.Wall Street's optimism reflects hope for stability, despite skepticism from analysts.
China moves to boost ailing economy with property, stimulus measuresChina's financial authorities implemented significant stimulus measures to support an economy struggling to meet its growth target.
Redfin CEO reacts to housing market with 'Twilight Zone' conditionsRedfin CEO anticipates housing market improvement with lower mortgage rates, presents humorous 'Plan B'.
AMD Q1 disappoints, but new datacenter CPUs and GPUs comingAMD's datacenter revenue soared by 80%, aiming for $4 billion from GPUs but faced lukewarm response from market analysts.
Weekly poll results: the Motorola Edge 50 series is promising but overpricedMotorola Edge 50 series initially overpriced but may gain popularity with discounts and positive reviews.
Hiring blows past expectations, showing lingering labor market heatAccelerating job and wage growth challenge Fed rate cut expectations as inflation stays strong.