How Contracting Work Became a Race to the Bottom
How Contracting Work Became a Race to the Bottom
Ben Whelan is not the kind of carpenter to wax poetic about the joys of framing a wall or redoing a roof. Like a lot of men he knows, he…
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
In December, Frank Parker upgraded to a bigger shrimp boat.For the Mississippi shrimper, it was a good trade with an older fisherman who was looking to scale back. But the…
What Is a Bear Market? Are We in One?
What Is a Bear Market? Are We in One?
President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Monday entered bear market territory for the first time since 2022.Mr. Trump has…
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
President Trump’s wave of tariffs threatens to bring both short-term economic pain, including lower growth, and long-term damage to America’s standing and trade relationships around the world, the chief executive…
Global Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
Global Stocks Plunge, Extending Rout Caused by Trump’s Tariffs
Financial markets around the world were slammed on Monday, as investors recoiled from the prospects of a severe economic downturn sparked by the escalating trade war.The S&P 500 fell about…
US markets drop as tariffs spark recession fears
US markets drop as tariffs spark recession fears
Emma HaslettBusiness reporterUS stock markets recovered some early losses on Monday after opening sharply lower as fears over the global impact of Donald Trump's tariffs continued.Trading on America's main stock…
Where Will We Eat When the Middle-Class Restaurant Is Gone?
Where Will We Eat When the Middle-Class Restaurant Is Gone?
When Daniel Cox was growing up in Rochester, N.Y., he spent every Saturday night at Pizza Hut with his father and two brothers. The server got to know the family…
UK to relax electric car sale rules as Donald Trump’s tariffs hit
UK to relax electric car sale rules as Donald Trump’s tariffs hit
Hollie Cole and Mitchell LabiakBBC NewsThe government has announced a relaxation of electric vehicle (EV) sales targets to help the car industry in the face of trade tariffs from the…
Europe Gears Up to Make Its First Countermove to Trump Tariffs
Europe Gears Up to Make Its First Countermove to Trump Tariffs
President Trump’s announcement last week that he will impose a 20 percent tariff on goods coming from the European Union sent shock waves across the 27-nation bloc, the latest move…
Is the world heading into recession?
Is the world heading into recession?
Simon JackBusiness editor, BBC NewsUS President Donald Trump's tariffs have ignited wildfires across global stock markets, but does that mean we are heading for a recession?The first thing to stress…
Britain Eases Rules on Electric Vehicles as Auto Tariffs Hit
Britain Eases Rules on Electric Vehicles as Auto Tariffs Hit
The British government eased rules on carmakers requiring them to shift toward selling electric vehicles, as officials sought to blunt some of the pain caused by new auto tariffs on…
Billionaire Trump backer Bill Ackman warns of ‘economic nuclear winter’ over tariffs
Billionaire Trump backer Bill Ackman warns of ‘economic nuclear winter’ over tariffs
A billionaire backer of Donald Trump has urged the US president to pause his recently announced trade tariffs, or risk "a self-induced, economic nuclear winter".Amid market turmoil, hedge fund manager…