Economy

  • U.S. consumer sentiment drops by nearly 11% in March as Trump triggered inflation fears rise

  • US judge finds Musk’s USAID cuts likely unconstitutional, DOGE blocked from more cuts

  • Dow Jones surges 500 points, S&P 500 adds $500B in market cap as Fed boosts rebound

  • Germany moves to unleash multi-billion euro borrowing

  • Fed keeps rates unchanged, maintains outlook for 2 cuts in 2025

  • BofA CEO says the economy is stronger than we think, Fed should hold rates

  • Pound rises above $1.30 for the first time since November as UK inflation persists

  • DOGE is preparing to cut between 50,000 and 60,000 DoD civilian jobs

  • Trump to meet top oil executives as the industry pushes for higher prices

  • Arthur Hayes insights on what to expect on Fed day and EU markets

  • Treasury Secretary Scott Bessent says Trump’s reciprocal tariffs will focus on ‘dirty 15’

  • Trump fires both Democratic commissioners at FTC

  • India introduces safeguard duties on steel products to protect its domestic market

  • Judge orders DOGE to halt the dismantling of USAID, says it is a violation of constitution

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  • Trump still considering sanctions on Russia even after ‘successful’ call with Putin

  • Ark Invest dumps Meta shares as Big Tech stocks continue to struggle

  • China’s capacity to retaliate against Trump in a trade war is massive

  • Trump says he doesn’t want close ties between Russia and China following a phone call with Putin

  • BOJ maintains steady interest rates amid US uncertainty

  • Risk of recession at its highest level in six months, given Trump’s fiscal policies

  • US stock market is pricing in a recession based on these early signs

  • Global markets rise for the second day as US investors await housing data