economic news – Charm

Gold and Silver Technical Analysis: Bullish Momentum Remains Despite Correction from $3,500

Despite this short-term pullback, gold price action shows strong bullish momentum driven by geopolitical tensions and fluctuating policy signals from the Trump administration. Fed Chair Powell’s recent warning about a possible stagflation scenario adds to concerns, supporting long-term gold demand. According to Powell, the Fed’s dual goals of controlling inflation and supporting employment could increase…

China on track to achieve growth target for 2025, say experts and business leaders

Cs news1 month ago08 mins

BEIJING, March 14, 2025 /PRNewswire/ — A news report from chinadaily.com.cn： China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for both domestic and foreign companies, with its intensified efforts to spur innovation and further boost consumption and investment, economists and business leaders said at…

U.S. stocks bounced back on tariff relief. How to protect your portfolio from more volatility.

Cs news2 months ago2 months ago01 mins

Published: March 6, 2025 at 6:00 a.m. ET Investors got what they wanted on Wednesday — temporary tariff relief from the Trump administration that finally halted a two-day selloff that sent the stock market into a tailspin earlier this week. However, so-called reciprocal tariffs on foreign imports from all major U.S. trading partners are still coming in…

The Two-Headed Monster Stalking the Economy Has a Name: Stagflation

Cs news2 months ago2 months ago01 mins

Stagflation has entered the chat. President Trump’s decision to dramatically raise tariffs on imports threatens the U.S. with an uncomfortable combination of weaker or even stagnant growth and higher prices—sometimes called “stagflation.” Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Trump Tariffs Usher in New Era of Protectionism

Cs news2 months ago2 months ago01 mins

The U.S. economy entered a new era at 12:01 a.m. Tuesday, as President Trump’s tariffs on imports from Mexico and Canada took effect. The new tariffs on imported goods ended decades of free trade among the three countries, and stood to disrupt entire industries. The 25% tariffs will be levied on imports from Mexico and…

The Dow plunges 750 points as bad economic news piles up fast

Cs news2 months ago2 months ago02 mins

Photo: Spencer Platt (Getty Images) U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales contracted by more than expected. As the…