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U.S. dollar falls to three-year low as Trump’s Powell threats further dent investor confidence

A teller counts U.S. dollar bank notes at a money changer in Jakarta, Indonesia, on April 9, 2025. Willy Kurniawan | Reuters The U.S. dollar continued its slide on Monday, falling to its lowest level since 2022, as global investors retreat from U.S. assets in the face of tension between President Donald Trump and the … Read more

Global confidence slumps as trade turmoil looms over IMF meetings

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Threats to global growth are rising as the US-driven trade shock crushes confidence and slams financial markets, according to research for the Financial Times ahead of key meetings of economic policymakers in Washington this week.  … Read more

Confidence in Congressional Democrats hits all time low in new poll

Confidence in the Democratic Party’s congressional leadership has sunk to an all-time low, according to a new national poll. The confidence rating for Democratic leadership in Congress stands at 25% in a Gallup poll conducted April 1-14 and released on Thursday. That’s nine points below the previous low of 34%, which was recorded in 2023. … Read more

Netflix latest earnings and surprisingly stable outlook defies the souring economy and plummeting consumer confidence

Netflix’s stock rose more than 4% in after-market trading on Thursday after the entertainment giant’s first-quarter earnings results surpassed Wall Street expectations and the company reiterated its positive business forecasts despite historically low U.S. consumer confidence. In its earnings release on Thursday, the company said “our revenue and profit growth outlook remains solid, with no … Read more

Ethereum upgrades may improve tech, but not investor confidence: Binance Research

Ethereum is gearing up for two major upgrades, Pectra and Fusaka. However, these upgrades don’t address underlying concerns with its tokenomics. Ethereum (ETH) is set to roll out two major upgrades this year, Pectra and Fusaka. However, these upgrades come at a time when Ethereum is under constant threat, a research report by Binance, released … Read more

Gen Z workers are freaking out about a potential recession and it’s decimating their confidence

The youngest generation of workers is feeling down.  Mass federal workforce layoffs, stagnant wages and a deceptively complicated job market have all conspired to set Gen Z on edge, and they’re feeling the full weight of a fearful economic environment.  Less than half of workers overall feel optimistic about the future, according to Glassdoor’s Employee … Read more

Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of … Read more

Companies are slashing their earnings forecasts as consumer confidence about the future reaches 12-year low

As confidence in the economic outlook fades, consumers are slowing their spending, and businesses are lowering their earnings forecasts. Personal income jumped 0.8% last month, while spending increased 0.4%, contributing to a boost in the savings rate to 4.6%. That’s the highest since June 2024 and signals shoppers are turning more cautious. “The February spending … Read more

Wall Street changes its tune on China as DeepSeek and policy hopes win back investors: ‘Confidence does feel like it’s returned’

What a difference a year makes.  In early 2024, China was struggling through a sluggish post-pandemic recovery, thanks to weak consumption, ongoing worries about property, and a continued hangover from a regulatory crackdown on China’s tech sector.  The pessimism was reflected in equity markets: listings in Hong Kong, the traditional channel for Chinese companies looking … Read more

American worker confidence just hit a record low and is even worse than it was during the darkest days of the pandemic  

Good morning! American employees are not feeling great about the future. In fact, their optimism is at an even lower point than it was during the height of the pandemic.  The U.S. worker confidence score for February of this year reached a record low of +24, according to new research from LinkedIn. That’s even worse … Read more

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