Stocks have a mixed day on news Trump might declare an 'economic emergency'
Stocks logged small gains Wednesday on two major indexes, despite uninspiring economic reports and some ominous words from the president-elect. The S&P 500 finished the day up 0.2%. The Dow Jones Industrial Average closed up 0.
Trump mulls economic emergency declaration to back universal tariff plans, CNN reports
U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday,
Trump Weighs Declaring Economic Emergency For Tariffs
President-elect Donald Trump is reportedly weighing a national economic emergency declaration to justify broad tariffs on allies and adversaries. Trump’s team is exploring legal frameworks, including the International Economic Emergency Powers Act,
Trump is reportedly considering declaring a national economic emergency to make his tariffs happen
President-elect Donald Trump could use the International Economic Emergency Powers Act, a threat he has made before.
Futures dip after report Trump mulls economic emergency; Treasury yields stand tall
U.S. stock index futures slipped in choppy trading on Wednesday, as investors assessed a CNN report that said President-elect Donald Trump was mulling a national economic emergency declaration, while a tick up in Treasury yields also pressured riskier stocks.
Trump mulls emergency powers for sweeping economy tariffs
CNN reported on Wednesday, citing sources familiar with the matter, that the president-elect of the USA, Donald Trump, is considering declaring a state of emergency in the national economy to provide legal justification for implementing a series of widespread tariffs.
Futures fall after report Trump mulls national economic emergency declaration
U.S. stock index futures fell on Wednesday after CNN reported President-elect Donald Trump was considering a national economic emergency declaration to allow for new tariff program.
China's bond market is signaling worry over a possible decades-long economic downturn
China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period ...
US Greenhouse Gas Emissions Dip Even as Economic Growth Advances
US greenhouse gas emissions and economic activity typically grow in tandem. Now the trend may be reversing. US greenhouse gas ...
Market trouble threatens Labour's economic plans
There is almost a risk of a paradox: that any acts of spending restraint visible and significant enough to calm the markets ...
The Future Of Jobs, According To The World Economic Forum
The global job market is poised for a significant transformation by 2030, with numerous jobs facing disruption, according to ...
Most Gulf markets ease on US economic data
Most stock markets in the Gulf were subdued on Thursday as signs of U.S. economic resilience dampened expectations for ...
Iran holds military drills as it faces rising economic pressures and Trump’s return
Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle East.
Biden says Trump privately praised parts of his economic record
President Biden in an interview with USA Today said Trump was "very complimentary" of a portion of his economic record during ...
Nigeria, China deepen ties with pledge on security, finance and economic growth
Nigeria and China plan to deepen cooperation in areas such as clean energy, defence and finance, with China pledging support ...
Market And Economic Insights From 2024
Stay informed on the impact of the 2024 U.S. Presidential Election and Federal Reserve rate policies on market movements and ...
Malaysia and Singapore agree to launch a special economic zone in a rare move to attract investors
Malaysia and Singapore leaders have signed an agreement to create a special economic zone to attract global investment and ...
Los Angeles wildfire economic loss estimates top $50 bln
U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California wildfire, ...