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World Economy Awaits Trump’s 1st Round of Tariffs
The World Economy Awaits Trump’s First Round of Tariffs
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the tariffs by cutting production, gasoline prices in the Midwest could climb 15 to 20 cents a gallon, with more muted effects in other parts of the country.
Trump’s potential tariffs on Canada and Mexico are a wildcard for prices and the US economy
The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so
Lutnick Says Trump Tariffs Will Restore US Economy, Respect
Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, offered a detailed defense of tariffs in his confirmation hearing, the clearest signal yet from a cabinet pick that the new administration is prepared to impose the levies on allies and adversaries alike.
U.S. economy grew 2.3% in 4th quarter
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed plans for more rate cuts
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
1h
on MSN
The Darkening Skies Over Europe’s Economy
Pessimism prevails on the continent as businesses turn their eyes to Trump’s America. Will this be the shock the EU needs to ...
2d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
1d
on MSN
Economy Exits 2024 on a Strong Note Amid Uncertainty Over Donald Trump’s Economic Agenda
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s ...
7h
India economy report predicts sluggish growth, pushes for more reforms
India's economy is likely to continue its sluggish pace of growth next fiscal year weighed down by global risks, according to ...
1d
on MSN
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy ...
8h
Redefining ROI In An AI-Driven Economy: Predictions For 2025
While generative AI (GenAI) and other AI technologies have immense potential, businesses must look beyond conventional ...
9h
on MSN
Syria’s Islamist rulers overhaul economy with firings, privatization of state firms
Syria's new Islamist leaders are undertaking a radical overhaul of the country's broken economy, including plans to fire a ...
2d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
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