US EditionThe Wild Week in the American Economy
24 Articles
24 Articles
The Wild Week in the American Economy
“For months, the economy sent off mixed signals, with employers and consumers expressing anxiety in surveys but underlying economic data generally solid,” the Wall Street Journal reports.“This past week, the fog lifted. On Wednesday, official data showed economic output and consumer spendi
DNyuz
Cryptocurrency News | Cryptocurrency Prices | Market CapStock Market Posts Worst Week in Months on Renewed Economic Fears
After months of rallying and periods of relative calm, stocks tumbled on Friday as fresh economic data reflected unexpected signs of weakness in the labor market and President Trump announced steep new tariffs against some of America’s largest trading partners. The S&P 500 ended the day down 1.6 percent, capping one of the index’s worst weeks since Mr. Trump wrought chaos across the global trading system when he unveiled his first round of steep…
Following European markets, US stock markets closed sharply lower. Worryingly low job growth figures over the past three months have rekindled fears of a US recession. Trump's latest trade announcements also spooked investors.
Stock market posts worst week in months on renewed economic fears
After months of rallying and periods of relative calm, stocks tumbled Friday as fresh economic data reflected unexpected signs of weakness in the labor market and President Donald Trump announced steep new tariffs against some of America’s largest trading partners.
Telemundo Area de la Bahía 48
Tariffs pressure businesses and consumers, while bringing billions of dollars to the U.S. government. A labor market that shows important signs of deterioration, even as the unemployment rate remains low. Technology actions rise on Wall Street, driven by the rise of artificial intelligence, while many other sectors are in crisis. As Trade Secretary Howard Lutnick said, on social media earlier this week: “Trump’s economy has officially arrived.”
US Stock Market Loses Over $1 Trillion—Is Bitcoin About to Follow?
The US stock markets saw a staggering wipeout, losing over $1 trillion in market value. Speculations for reasons are suggested as soaring inflation and sweeping new trade tariffs triggered widespread investor panic. The Dow plunged 1.2%, the S&P 500 slid 1.6%, and the Nasdaq dropped 2.2%, contributing to the multi-hundred-billion-dollar decline across equities. The dollar sank in its steepest one-day fall since April 10, while Treasury yields dr…
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
