- Forecasters surveyed by Bloomberg now see a 45% of a downturn in the next year, up from 30% in March.
- Chief executives are warning that big-ticket items will cost more, as travel becomes an early trade-war casualty. “We don’t know what is going to happen,” a CEO says.
- Harvard University’s endowment is in advanced talks to sell roughly $1 billion of private equity fund stakes, at a time when the school faces financial uncertainty and pressure from Donald Trump’s threats and a sluggish market for returns on illiquid assets.
- Demand for US assets cannot keep up with supply without a weaker currency
- Costco Wholesale Corp. is switching manufacturers for its popular Kirkland Signature brand of diapers as its supplier moves away from store brands to boost profitability.
- President Donald Trump’s trade tariffs have roiled financial markets, prompted an outcry from world leaders and raised the specter of a US recession. The blowback eventually prompted Trump to pause some of the most punishing tariffs for 90 days. With every move, the US president underscores that he is calling the shots, though the US Constitution gives Congress the last word in setting import duties.
- Southwest Airlines Co.’s chief executive officer isn’t waiting for economists to declare a technical downturn in the US economy: As far as he’s concerned, a recession already has started.
- Maker of Cheetos and Mountain Dew also cites consumer-confidence drop caused by inflation, global trade war
- Many buyers, spooked by rising economic uncertainty, stayed away from the housing market during the start of the crucial spring season.
- Impact from Trump trade wars set to prolong the longest economic slump in country’s postwar history
- China’s central bank chief Pan Gongsheng urged countries to help maintain confidence in the global economic system on a trip to the US, reiterating Chinese opposition to tariffs as American President Donald Trump signals a shift toward de-escalating tensions.
- The planemaker takes the money now instead of relying on its hefty margins for years to come.
- CATL and BYD’s rapid-charging technology underscores China’s dominance in the EV sector, a technological priority for Xi Jinping
- Cliff Asness, Wall Street’s standard bearer of traditional quant finance, was once skeptical that machine learning would ever make a big splash at AQR Capital Management.
- Levies could be cut by more than half in some cases although President Trump hasn’t yet made a final decision
- Trucking company is first major freight operator to report results since Trump began rolling out new tariffs.
- Yale University’s endowment is exploring sales of private equity fund stakes as Ivy League schools stare down budget challenges stemming from lackluster investment performance and pressure from President Donald Trump.
- US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China cannot be sustained by both sides and that the world’s two largest economies will have to find ways to de-escalate.
- Rite Aid Corp. is running low on cash and preparing to sell itself in pieces as it heads toward its second bankruptcy, less than a year after the drug-store chain’s emergence from Chapter 11, according to people with knowledge of the situation.
- The US set new duties as high as 3,521% on solar imports from four Southeast Asian countries, delivering a win for domestic manufacturers while intensifying headwinds already threatening the country’s renewable power development.
- The president’s attacks on the Fed are pushing the world further off its American axis, as governments and investors lose confidence in the US dollar and bonds.
- The broader US federal workforce could shrink by more than 1 million, according to an analysis from the Federal Reserve Bank of Atlanta, largely reflecting an estimated reduction in those indirectly employed by the government through contracts and grants.
- New version of flagship battery cell can achieve 520km range compared with BYD’s 470km, claims company
- Second-hand goods could be in vogue when levies lift prices for imports, analysts say
- Sacking Powell now could trigger an epic financial crisis. Best to wait for his term to end.
- Sacking Powell now could trigger an epic financial crisis. Best to wait for his term to end.
- The sell-America trade gathered momentum on Monday as President Donald Trump contemplated whether he’s able to fire Federal Reserve Chairman Jerome Powell.
- Barry Callebaut is planning to increase its U.S.-based production to fend off effects of the "disruptive environment" in North America and stay close to its customers, the Swiss chocolate maker's chief executive said on Thursday.
- For the first time in many decades, the greenback looks vulnerable
- Far beyond Harvard Yard, school is a major economic engine for the region
- Upstart Comac is dependent on U.S. technology and has few planes in the air
- Dysfunction lies at the heart of the Treasury market
- The financially challenged residential solar company plans to auction an estimated $17 million of energy storage from Generac and other components.
- Tariff turmoil dashes investors’ hopes for payouts; dealmaking grinds to near standstill
- Long a pipe dream, sodium-ion batteries are gaining market share as lithium tariffs create uncertainty.
- Ninety-year-old precedent known as Humphrey’s Executor is crucial guardrail protecting US central bank’s independence
- In the US president’s vision of post-liberal global disorder the weak should always surrender to the strong, writes the historian, philosopher and author
- If investors keep selling American assets, a grim fate awaits the world economy
- Shares rise 125% over two days as Pershing Square takes nearly a 20% stake
- The president hasn’t made a decision on whether to try to oust Powell, and some of his advisers have warned against the move
- Tariff conflict arises out of the collision course between two very different political mindsets
- Equinor ASA suspended construction of its Empire Wind project off New York, complying with an order from US President Donald Trump.
- The agency is missing deadlines and not responding to biotech companies, forcing some to push back clinical trials.
- US homeowners saw their property taxes rise more slowly last year compared with 2023, while the number of counties where the average bill tops $10,000 continued its steady increase, according to a new study.
- The central bank leader had warned Wednesday that the Fed could face a difficult trade-off as tariffs raise prices and weaken the economy.
- US financial assets are at risk of “mirroring dynamics of the UK and emerging markets” as the Trump administration embraces protectionism, says Pacific Investment Management Co.
- The healthcare giant slashed its 2025 projections, citing higher-than-expected costs for people enrolled in its Medicare plans.
- WESTLAKE, Texas, April 16, 2025–The Charles Schwab Corporation today announced it has made a minority investment in Wealth.com, the #1 rated estate planning platform in wealth management1 that is modernizing how financial advisors help clients of all wealth levels with their estate planning needs.
- Buyout executives say economic uncertainty unleashed by US tariffs has made pricing assets challenging
- The central bank is wary of a situation where prices rise at the same time that growth slumps