Trump's tariff wars have brought outsize uncertainty to the stock market, making it increasingly challenging to identify companies positioned to weather the storm.
Japanese data paint a mixed picture of the economy. There are growing downside risks as output contracts. Yet, there are increasing upside risks for inflation. The Bank of Japan is likely to prioritise price pressures.
A federal judge blocked Trump's emergency tariff powers as economic tensions escalated, with Larry Summers warning of a looming fiscal crisis, Japan unveiling stimulus to counter U.S. tariffs, U.S.-China trade talks stalling, and Cathie Wood likening Trump's policies to "Reaganomics on steroids."
Bitcoin price performed strongly in May, jumping to a record high of $111,900. At its highest point, it was up by over 50% from its lowest point in April, when Donald Trump unveiled his retaliatory tariffs.
CD rates are high, but they may drop soon. Find out if you should you lock in a guaranteed rate for five years, or take advantage of 6-month rates while they last.
The idea that tariffs won’t affect the quantities or prices of what foreign exporters sell in the US market is inconsistent with the idea that the tariffs will give breathing space to US producers.
The past week saw developments in business & politics, from Trump's tariffs being temporarily preserved to Paramount Global's potential settlement with him.
