U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...

President Donald Trump’s new reciprocal tariffs are set to hit some of the world’s poorest nations the hardest, ... according to World Bank data, less than a fifth of the global average.

The dollar slid on Tuesday, with the yen one of the major gainers versus the greenback, as investors tracked talks ahead of ...

People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.

Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...

The EU and Mexico collectively comprise around one-third of U.S. imports by value, and the U.S. is a critical export market ...

Wells Fargo sketched out a hypothetical scenario where the world is divided into three trading blocs led by the U.S., China, and the EU.

The World Bank predicts global economic output to expand by 2.3% in 2025, a significant drop from last year’s 2.8% growth rate. The US economic growth rate is expected to halve , the bank forecast.

The World Bank expects Trump's barrage of new tariffs on America's trading partners to whittle down global economic growth to its lowest level since the 2008 financial crisis when discounting ...

Shares have opened mostly higher in Europe following gains in Asian markets despite lingering worries about President Donald ...

Reuters. FILE PHOTO: International Monetary Fund Managing Director Kristalina Georgieva attends an International Monetary and Financial Committee press briefing at the 2025 annual IMF/World Bank ...