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Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a store. iStock| Theo Wargo | Hispanolistic | Getty Images A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods … Read more
Microsoft’s data center cuts stoke demand fears, but UBS says AI cycle still hot
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s bid to upend the international trading order with huge tariffs has wiped $5.4tn from US stocks in two days, as China hit back with its own levies, deepening fears of recession … Read more
Key Takeaways Bitcoin’s value dropped by 5% amid global market selloff due to new tariffs announced by President Trump. The US stock market suffered a massive selloff, wiping out more than $2 trillion in value following Thursday’s opening. Share this article Bitcoin fell 5% to $82,200 on Thursday amid a broad market selloff triggered by … Read more
U.S. President Donald Trump speaks to members of the media aboard Air Force One before landing in West Palm Beach, Florida, U.S., March 28, 2025. Kevin Lamarque | Reuters Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid … Read more
Key Takeaways Crypto crash wiped out $2 billion in leverage liquidations in the last 24 hours. Despite the recent decline, analysts suggest that a weaker dollar and lower US rates could create favorable conditions for Bitcoin adoption. Share this article Crypto market liquidations surged to $2 billion as Bitcoin dropped to its lowest level since … Read more
UBS CEO Sergio Ermotti during the annual meetings of the IMF and World Bank in Washington, DC, onOct. 23, 2024. Bloomberg | Bloomberg | Getty Images An expected decline in interest rates could be stalled if the prospective tariffs of Donald Trump’s second White House administration bleed into markets and shore up inflation, UBS CEO … Read more
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