Brace Yourself for Jeff Bezos' "Amazon Helios"
Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.
Trump considers pausing his auto tariffs as the world economy endures whiplash
WASHINGTON (AP) — President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from on the sector, to give carmakers time to adjust their supply chains.
Trump's attacks on Powell threaten the Fed's independence. Here's why it matters
WASHINGTON (AP) — Donald Trump has stepped up on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.
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Trump keeps contradicting himself on tariffs, making a fragile world economy nervous
WASHINGTON (AP) — President Donald Trump can't stop contradicting himself on .
Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds
WASHINGTON (AP) — Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering, with a new poll showing that many people fear the country is being and that the president’s broad and haphazardly enforced tariffs will cause prices to rise.
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US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund.
China's economy grows at a 5.4% annual pace in Jan-March quarter
BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports, the government said Wednesday.
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Q&A: What has China done so far? What could China do next?
BEIJING (AP) — A reordering of global trading relationships could be underway as the world’s two largest economies clash and relations spiral into a trade war. On Friday, on U.S. goods from 84% to 125%, starting Saturday, after the U.S. pushed its tariffs on Chinese products to a total of 145%.
UK economy enjoyed unexpected growth spurt in February before Trump tariff turmoil
LONDON (AP) — Official figures Friday showed that the British economy, the world's sixth-largest, enjoyed a growth spurt in February, the month before U.S. President Donald Trump started to roll out tariffs on imported goods.
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U.S. economy likely created modest 130,000 jobs last month as Trump trade wars lift recession fears
WASHINGTON (AP) — The U.S. job market is slowing at a time when Americans are increasingly anxious about what President Donald Trump’s trade wars are going to do to the economy.
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Counting the potential toll of Trump's tariffs on major Asian economies
BANGKOK (AP) — The that U.S. President Donald Trump has escalated in his second term is a challenge for all Asian economies, large and small, in an era when the most populous region of the world is expected to drive global economic growth.
Bank of Japan survey says big manufacturers gloomier as Trump tariffs loom
TOKYO (AP) — Business sentiment among large Japanese manufacturers has worsened for the first time in a year, partly because of worries about U.S. President tariffs, according to a survey by Japan’s central bank released Tuesday.
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U.S. economy grew 2.4% in the 4th quarter after upgrade from earlier estimate
WASHINGTON (AP) — The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight of fourth-quarter growth.
Stock market today: Asian shares are mostly lower after tech-fueled gain on Wall Street
HONG KONG (AP) — Asian shares were mostly lower on Monday after gains in technology stocks snapped Wall Street’s four-week losing streak.
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Federal Reserve could still cut interest rates this year, but for 'bad' reasons
WASHINGTON (AP) — Even as the economy undergoes what may be , the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast it .
'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week
WASHINGTON (AP) — When Federal Reserve officials last met in , things looked pretty good: Hiring . The economy had just grown at in last year's final quarter. And inflation, while had fallen sharply from its peak more than two years ago.
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UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
LONDON (AP) — The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month.
A 10% drop for stocks is scary, but isn't that rare
NEW YORK (AP) — The U.S. stock market has just dropped 10% from its high set last month, hurt by worries about the economy and a global trade war.
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Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.
Delta shares slump after airline lowers outlook, cites declining consumer confidence in the economy
Delta Air Lines slashed its first-quarter earnings and revenue outlook Monday, citing a recent decline in consumer and corporate confidence amid uncertainty over the economy.
Consumer prices fell in China in February and remain flat in a sluggish economy
BEIJING (AP) — Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the .
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You may want to jump off Wall Street's wild ride, but remember: This is what the market does
NEW YORK (AP) — Much like all the upheaval shaking the world, the rocking Wall Street may feel far from normal. But, for investing at least, all this is typical.
China slams US tariffs, says its economy is resilient but there are no winners in a trade war
China will not yield to bullying and its economy can weather imposed by U.S. President Donald Trump and other challenges, the Chinese commerce minister said Thursday, though he added that there are “no winners in a trade war."
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Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy
BEIJING (AP) — When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and the rent he is getting have plummeted in the past couple years, straining his family’s finances.
Chinese factories see improved orders as importers rush to beat tariffs
BANGKOK (AP) — Chinese manufacturers reported an uptick in orders in February as importers rushed to beat higher U.S. tariffs imposed by President Donald Trump.
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Economic deal between US and Ukraine will tie the countries together for years. Here's what it says
KYIV, Ukraine (AP) — A between Ukraine and the United States would ensure long-term U.S. involvement in , but the deal leaves the question of security guarantees sought by Kyiv to future negotiations.
Japan's economy grows more than expected on strong exports and moderate consumption
TOKYO (AP) — Japan’s economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption.
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