Former President Donald Trump made a rare and highly symbolic visit to the Federal Reserve’s Washington headquarters on Thursday, escalating his public pressure campaign against Chair Jerome Powell over the central bank’s $2.5 billion renovation and its reluctance to cut interest rates. The visit marked the first time Trump has set foot inside the Fed’sContinue reading “Trump Visits Federal Reserve, Clashes with Powell Over $2.5 Billion Renovation”
Tag Archives: economy
U.S. and Japan Forge $550 billion Trade Agreement , major investment frameworks synergized
In a landmark development that signals a major shift in global economic dynamics, the United States and Japan today announced a comprehensive trade framework set to redefine the contours of their bilateral relationship. This agreement, hailed by experts as one of the largest and most consequential trade deals in recent history, is expected to deepenContinue reading “U.S. and Japan Forge $550 billion Trade Agreement , major investment frameworks synergized”
Markets Jittery as Trump-Powell Fallout and Tariff-Driven Inflation Roil Global Economy
Global financial markets experienced significant turbulence on July 16, 2025, as political uncertainty in Washington intersected with fresh economic data, prompting investor caution across major asset classes. The day’s volatility was initially triggered by widespread reports that President Donald Trump was considering dismissing Federal Reserve Chair Jerome Powell, fueling fears of political interference in centralContinue reading “Markets Jittery as Trump-Powell Fallout and Tariff-Driven Inflation Roil Global Economy”
Nasdaq, global financial markets reach record highs
The Nasdaq and other financial markets around the world rallied sharply on July 17, 2025, buoyed by unexpectedly strong economic data from the United States and better-than-anticipated corporate earnings reports, despite lingering political tensions surrounding President Donald Trump’s criticisms of Federal Reserve Chair Jerome Powell. Investor sentiment found footing after a series of upbeat economicContinue reading “Nasdaq, global financial markets reach record highs”
Trump Announces New Trade Deal with Indonesia Featuring 19% Tariff and Major U.S. Exports
President Donald Trump unveiled a new trade agreement with Indonesia on Tuesday that imposes a 19% tariff on Indonesian exports to the United States, a reduction from an earlier threatened tariff rate of 32%. The deal aims to recalibrate trade relations between the two nations while boosting U.S. exports in key sectors. Indonesia was seenContinue reading “Trump Announces New Trade Deal with Indonesia Featuring 19% Tariff and Major U.S. Exports”
G20 Finance Ministers Forge Consensus in Durban Amid Global Economic Uncertainty
Finance ministers and central bank governors from the Group of 20 (G20) nations concluded their two-day meeting in Durban, South Africa, with a landmark communiqué emphasizing the critical importance of central bank independence in maintaining price stability and fostering economic growth. This consensus, the first among G20 officials since October 2024, reflects a significant stepContinue reading “G20 Finance Ministers Forge Consensus in Durban Amid Global Economic Uncertainty”
Manhattan Luxury Market Experiences record June sales
Manhattan’s luxury condominium market posted one of its strongest Junes in nearly two decades, propelled by shrinking supply, rapid deal pace and resilient demand from wealthy, often all‑cash, buyers, data from Realtor.com and brokerage reports showed. High‑end sales spike In June 2025, Manhattan completed 153 condo and co‑op deals worth $4 million or more, markingContinue reading “Manhattan Luxury Market Experiences record June sales”
Global markets plummet due to new tariffs imposed
Global financial markets experienced one of their sharpest declines since the pandemic crash of 2020 following the announcement of sweeping new tariffs by the U.S. government. On Monday, the Trump administration revealed that it would be imposing new tariffs across nearly all sectors of the economy, including technology, triggering widespread investor panic and a sell-offContinue reading “Global markets plummet due to new tariffs imposed”
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