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Powell Says Tariffs Likely To Lead To Higher Inflation, Slower Growth
Citing a highly uncertain outlook due in part to President Donald Trump's new tariffs, Federal Reserve Chair Jerome Powell on Friday indicated the central bank will wait for greater clarity before considering any adjustments to interest rates.
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98 days ago
CPSC Recalls: Polaris ROVs, Accessory Heaters, Window Hinge Tracks, Bear Lights, Propane Heaters
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including Polaris Recreational Off-Road Vehicles or ROVs, Honda accessory heaters, high chairs, window hinge tracks, baby bath seats, bear lights, and propane heaters, among others.
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98 days ago
U.S. Job Growth Far Exceeds Estimates In March
A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of March. The Labor Department said non-farm payroll employment jumped by 228,000 jobs in March after climbing by a downwardly revised 117,000 jobs in February. Economists had expected employment to rise by 135,000 jobs.
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98 days ago
U.S. Employment Surges Much More Than Expected In March
A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of March.
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98 days ago
Bay Street Looks Headed For Another Weak Session
Except the yellow metal, which is up marginally, nothing else is moving up on Friday.
Asian stocks tumbled, European stocks are plunging sharply and oil prices are plummeting as well, as U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement has triggered fears of a strong retaliation by some major trading partners and possibility of a global recession.
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98 days ago
FTSE 100 Sinks 4.3% To Near Three-month Low
U.K. stocks are falling sharply, sending the benchmark FTSE 100 to a near three-month lows, as investors continue to exit counters amid rising fears of a wide-ranging trade war and a global recession following U.S. President Donald Trump's sweeping "reciprocal tariff" plans.
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98 days ago
CAC 40 Tumbles More Than 4% On All-round Selling
French stocks are down sharply in the red on Friday, extending losses from the previous session, amid rising concerns about growth following U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement earlier in the week.
Trump's moves prompted several European leaders to warn of retaliatory measures. French President Macro called on companies to suspend planned investment in the U.S
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98 days ago
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Sensex Tumbles 930 Points Amid Global Selloff; Nifty Nears 22,900
Indian shares fell sharply on Friday as U.S. President Donald Trump's broad tariff announcements stoked fears about the outlook for inflation and global growth.
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98 days ago
Pound Falls As European Shares Extend Losses On Growth Worries
The British pound weakened against other major currencies in the European session on Friday, as European shares traded lower, extending steep losses from the previous session after U.S. President Donald Trump announced significantly harsher-than-expected tariffs.
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98 days ago
DAX Down 2.2% As Stocks Extend Recent Plunge
After suffering its worst setback in about eight months on Thursday, the German market is deep down in negative territory again with stocks reeling under a fresh bout of selling pressure on Friday amid concerns about growth following U.S. President Donald Trump's tariff moves.
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98 days ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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99 days ago
European Shares Extend Losses On Growth Worries
European shares traded lower on Friday, extending steep losses from the previous session after U.S. President Donald Trump announced significantly harsher-than-expected tariffs.
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99 days ago
Asian Shares Extend Losses In Thin Holiday Trade
Asian stocks extended losses in thin trade on Friday, with markets in mainland China, Hong Kong and Taiwan closed for Tomb Sweeping Day holiday.
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99 days ago
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