OECD Cuts Global Economic Growth Outlook Amid Rising Trade Tariffs and Uncertainty
Global and U.S. Growth Projections Lowered The Organisation for Economic Co-operation and Development (OECD) has revised its economic growth forecasts, predicting a slowdown in both the global economy and the U.S. economy. The new report highlights concerns over rising trade barriers, geopolitical tensions,
Dow Plunges 650 Points as Trump’s Tariffs Raise Fears of Economic Slowdown
U.S. stocks faced a steep decline on Monday, erasing more of their post-election gains after President Donald Trump confirmed that new tariffs on Canada and Mexico would take effect within hours. The S&P 500 tumbled 1.8% as Trump declared that there was “no
Jerome Powell’s Leadership: Navigating Inflation and New Economic Challenges
Federal Reserve Chair Jerome Powell has skillfully navigated the U.S. economy through crises like the pandemic and record-high inflation. While inflation has dropped near the Fed’s 2% target, challenges loom large, with President-elect Donald Trump’s policies threatening to push prices back up. Inflation
Trump’s Proposed Tariffs Could Spike Beer and Tequila Prices: What Consumers Need to Know
Beer and liquor are often considered recession-proof, but they’re not immune to the impact of tariffs. President-elect Donald Trump’s proposal to impose a 25% tariff on imports from Canada and Mexico could significantly impact some of America’s favorite alcoholic beverages, including the nation’s