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Japan’s TOPIX has been in positive territory for the past six months, up 0.37% for the period. It’s an example of a global trend in the equity markets: The Asian indexes are performing much better than the major U.S. markets. India’s Nifty 50 is within one percentage point of going positive over the same time … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty Images The April sell-off for financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and constantly changing … Read more
Larry Summers was not assuaged by Trump’s tariff pause. The former Treasury secretary under Bill Clinton has a history of making prescient calls on the economy and his views have always carried great weight with policymakers. Over two wide-ranging interviews with Fortune, he spoke candidly about Trump’s recent moves and what he sees happening in … Read more
Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid … Read more
Teachers union boss Randi Weingarten says she is concerned that shutting down the Department of Education could be as harmful to students as the school closures were during COVID. On Thursday, President Donald Trump signed an executive order instructing Education Secretary Linda McMahon to begin the process of shuttering the department. The executive order asked McMahon to … Read more
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBC Treasury Secretary Scott Bessent said Thursday the Trump administration is more focused on the long-term health of the economy and markets and not short-term gyrations. “We’re focused on the real economy. Can we create an environment where there are long term gains in … Read more
L’Oreal could avoid the worst of the tariff war with the U.S., the beauty giant’s CEO Nicolas Hieronimus, told CNBC, warning that the price impact could still hit consumers Hieronimus said he is “not overly concerned” over the impact of White House tariffs on L’Oreal, as the group produces most of its goods sold in … Read more
Europe’s struggling economy has economists worried — and senior European Central Bank policymaker Mário Centeno, echoes that view. “I am very concerned about the European economy,” Centeno, who is also governor of the Bank of Portugal, told CNBC’s “Squawk Box Europe” on Friday. On Thursday, the ECB revised its gross domestic product expectations for the … Read more
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, … Read more
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, … Read more
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