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Fed’s deepest tariff fear is a price shock that won’t fade away

If President Donald Trump’s tariffs jack up US consumer prices — as pretty much everyone thinks they will, at least for a while — then that’s already bad news for inflation-fighters at the Federal Reserve. It could also open the door to something even worse. What businesses and workers anticipate will happen to prices, economists … Read more

Europe’s pharma industry braces for tariffs as carve-out hopes fade

SEIZED OZEMPIC, WEGOVY AND OTHER WEIGHT LOSS DRUGS AT JFK AIRPORT’S INTERNATIONAL MAIL FACILITY. CNBC COPENHAGEN, Denmark — Europe’s pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by U.S. President Donald Trump fade. The pharmaceutical industry has until now been exempt from trade levies, but Trump … Read more

Bitcoin revisits $85k as crypto reserve gains fade

Bitcoin retreated to $85,000, erasing gains from last weekend’s U.S. crypto reserve hype sparked by President Donald Trump. Crypto markets reversed course after approximately $330 billion flowed into Bitcoin (BTC) and other digital assets on Sunday, March 2, marking one of the strongest daily increases ever recorded for cryptocurrencies. The total crypto market capitalization fell … Read more

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