The about-face appeared to surprise senior White House advisors but rallied global stock markets. World Brief By Alexandra Sharp, the World Brief writer at Foreign Policy. Tariff Reversal U.S. President Donald Trump’s new reciprocal tariffs […]
The huge spike, following the selloff, evokes further parallels with the Dotcom Bust and Financial Crisis crash, in the middle of which similar spikes occurred. By Wolf Richter for WOLF STREET. Stock prices now reflect what the President […]
ENB Pub Note: This is not good for China, and I applaud President Trump for standing up to China and trying to rightsize the trade imbalance. While James Palmer at the Foreign Policy outlines several […]
Houston, Dallas-Fort Worth, Austin, San Antonio: Even as sales plunge, vacant homes pile on the market that were held off the market during Covid. By Wolf Richter for WOLF STREET. The inventory of vacant homes is coming out […]
Oil prices have crashed to their lowest point since 2021 due to the escalating US-China trade war. Analysts fear the trade war will lead to a global recession, significantly reducing oil demand. The oil price […]
USGCRP funnels billions to partisan firms to push liberal climate goals using the National Climate Assessment, with minimal oversight or transparency. More than three decades ago, Congress launched an initiative called the U.S. Global Change […]
RPGCL said in a tender document that the delivery windows are May 15-16, May 22-23, and May 25-26. The firm issued the tender to the 22 organizations that have signed the MSPA (master sale and […]
ENB Pub Note: This article from Matt Kenny has some very valid and interesting points. That being said, the policies that President Trump all seem to be on track to eliminate corruption, and the old […]
Donald Trump’s self-described next set of “explosive” tariffs are now in effect, including 104% on China, the world’s biggest exporter. Also on the list are 60 of what the American president described as the “worst […]
Inland Empire PMI spikes to highest since early 2021, New Orders spike to record: Private sector is dynamic, but not always in linear ways. By Wolf Richter for WOLF STREET. Corporate frontrunning of tariffs is now a big […]
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