Economy

  • Chair Powell says Federal Reserve will reduce staff by 10%

  • UK overtakes China as second-biggest holder of US Treasurys with $780 billion

  • Trump signals new unilateral tariffs as US shifts trade strategy

  • US consumer sentiment collapses to 50.8, its second-lowest reading ever

  • Republican infighting: GOP Congressman attacks Rep Marjorie for Pelosi-like Liberation Day stock trades

  • Spooked by ‘friend’ America, Greenland offers its minerals to ‘like-minded’ Europe

  • Gold heads for biggest weekly loss in 6 months as Trump’s Gulf tour rattles markets

  • Japan’s tough stance on US tariffs threatens to stall trade deal

  • Alibaba’s tumbling shares have dampened China’s AI hopes

  • Jamie Dimon warns of U.S. recession despite the recent pullback in tariffs

  • Fed’s Powell warns the U.S. economy could face persistent supply shocks

  • US household debt hits all-time high at $18.2 trillion after a $167 billion surge in Q1

  • Over 20 economies warn of a slowdown in growth over trade tensions

  • Japan’s carmakers are expecting $19 billion in losses from US tariffs

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  • Warren Buffett says he stepped down from Berkshire Hathaway because he finally felt old

  • Trump’s new 5% remittance tax bill will let the government track your money. Here’s how to avoid that

  • Wall Street closes with stock indexes in the green for third consecutive day

  • Tesla’s stock surges after Cybertrucks make Trump’s motorcade escort in Doha

  • Boeing stock gains after record $200 million jet order from Qatar

  • Goldman Sachs says investors are returning to normal dollar holdings, not abandoning them

  • Trump gushes over Saudi’s MBS after spending a day together — ‘I like you too much’

  • Europe to slam pre-war tariffs on Ukraine farm products