Wall Street Bursts With Anger Over Tariff ‘Stupidity’
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Wall Street Bursts With Anger Over Tariff ‘Stupidity’

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of…

Trump’s Trade War Risks Forfeiting America’s Economic Primacy
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Trump’s Trade War Risks Forfeiting America’s Economic Primacy

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a powerful guiding vision: that trade and finance would be based on cooperation and consent rather than coercion. That system, for…

As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps
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As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Chris Bergen, who runs a commercial greenhouse business in northern Minnesota, finds himself “walking a tightrope” roughly two months into President Trump’s second term. Acute uncertainty about how the administration’s trade and immigration policies will unfold and affect the economy has made him…

Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
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Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in…

How the Crypto Exchange Bybit Lost .5 Billion to North Korean Hackers
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How the Crypto Exchange Bybit Lost $1.5 Billion to North Korean Hackers

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction. His company was moving a large amount of Ether, a popular digital currency,…

E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
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E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The European Central Bank lowered interest rates on Thursday, the sixth consecutive cut, as the economic landscape for the region rapidly changes. The bank’s key rate was cut by a quarter point to 2.5 percent, which was widely expected as inflation in the…

Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans
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Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans

ByNews Polite

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Stocks fell sharply on Monday afternoon after President Trump affirmed tariffs on imports from Canada and Mexico, dashing investors’ hopes of a last-minute reprieve and intensifying concern that the sweeping tariffs could hit corporate profits and fuel inflation. The S&P 500 fell 1.8…