The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course by a global economy lurching from one crisis to another. On Thursday, British officials secured a win. They…
Browsing: Economic
US President Donald Trump’s top trade officials will meet with their Chinese counterparts this week to discuss a de-escalation of their increasingly ugly and damaging trade war. The future of the global economy is riding on their success. The trade talks, the…
Wall Street analysts are sounding alarms that escalating tariffs—particularly on goods imported from China and other key trading partners—could deal a further blow to Hollywood, an industry already destabilized by the dual disruption of streaming economics and social media fragmentation.…
President Trump’s trade war had, until Sunday night, centered on goods — cars, toys, food, clothes, the tangible stuff we put in and out of virtual and physical shopping carts. But those goods make up less than a quarter of the American…
Apollo Global Management (NYSE: APO) says it is directing over $100 billion of capital into industries reshaped by trade friction. In a Q2 2024 investor briefing, the firm highlighted a multibillion-dollar allocation across private equity, credit and infrastructure to capitalize on…
President Donald Trump called for a 100 percent tariff on movies produced overseas in a Truth Social post Sunday night, confounding studio executives and critics about what this could mean for the heavily globalized film industry. “The Movie Industry in…
American companies are promising to spend hundreds of billions of dollars in the United States as President Donald Trump deploys tariffs to promote domestic manufacturing, a gush of investment plans that the White House compiled on a new webpage titled The…
The U.S. labor market remained resilient in April, with employers adding 177,000 jobs, a solid showing despite ongoing economic uncertainty that has caused many employers to put hiring plans on hold. The unemployment rate held steady at 4.2 percent, near…
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has weakened consumer confidence and pushed oil prices down. U.S. crude prices…
Shanghai is banking on more international sporting events and concerts in the city this summer to revive spending to counter the blows to consumer confidence from the China-US trade war. The city will host international equestrian, archery, triathlon and Formula E events in…
