Reed Smoot, eat your heart out

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said a recession is a “likely outcome” of the turmoil tied to President Donald Trump’s tariffs.

The dirtiest coal-fired power plant in the US and dozens of others are being exempted from stringent air pollution mandates as part of US President Donald Trump’s bid to revitalize the industry.

The European Central Bank should allow uncertainty stoked by US President Donald Trump’s broadside on global trade to clear before considering any further interest-rate cuts, according to Governing Council member Robert Holzmann.

China’s top leaders are poised to meet Thursday to discuss additional economic stimulus after US President Donald Trump ratcheted up tariffs, according to people familiar with the matter.

Goldman Sachs Group Inc. economists rescinded their forecast for a US recession after President Donald Trump announced a 90-day pause on most of his previously announced tariffs.

As Donald Trump’s sweeping “reciprocal” tariffs took effect just after midnight on Wednesday, the president was watching the bond market.

A big beautiful opportunity

But the rest of the world can limit the damage

Nicht nur die Mietervereinigung und Privatfirmen, auch die Wiener Arbeiterkammer (AK) bietet seit einem Jahr einen Gratis-„Mietencheck“ für Altbauwohnungen an. Im Zuge dessen bekommen die Mieterinnen und Mieter laut AK durchschnittlich 5.000 Euro zurück.

Traders boosted their expectations for Federal Reserve interest rate cuts this year as the US administration’s tariffs ignite fears of a global recession, and markets increasingly are also betting on an emergency reduction.

BlackRock Inc. Chief Executive Officer Larry Fink said most CEOs he talks to think the US is in a recession, warning that stock markets could decline further as President Donald Trump’s tariff policies destabilize the world economy.

Fast-fashion giant Shein’s plans to shift some production out of China have met with opposition from the Chinese government, people familiar with the matter said, as Beijing seeks to stave off a manufacturing exodus in the face of Donald Trump’s escalating tariffs.

China eased its tight grip on the yuan by weakening its daily reference rate past the keenly-watched 7.20 per dollar level amid the dramatically escalating trade war with the US.

The European Central Bank will cut interest rates at its next four meetings as the economic costs of US tariffs mount, according to analysts at JPMorgan Chase.

The European Central Bank should lower interest rates next week because of US President Donald Trump’s tariff offensive, according to Governing Council member Gediminas Simkus.

Die beispiellos hohen US-Zölle sorgen weiter weltweit für Aufregung und Verwirrung. Auch in den USA selbst nehmen die Befürchtungen angesichts möglicher Folgen zu. So warnte der Präsident der regionalen Notenbank von Chicago, Austan Goolsbee, am Dienstag vor Lieferengpässen und einer Inflationswelle. Europas Börsen erholten sich unterdessen leicht.

Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration’s tariff announcement.

Traders boosted their expectations for Federal Reserve interest rate cuts this year as the US administration’s tariffs ignite fears of a global recession, and markets increasingly are also betting on an emergency reduction.

European Central Bank Executive Board member Isabel Schnabel suggested that US President Donald Trump’s tariff onslaught may signify that the era of free-flowing global commerce is over.

In every corner of the financial markets, from stocks to bonds to commodities, investors are sending Donald Trump the same unmistakable message: The trade war he unleashed is threatening to set off a worldwide recession — and fast.

In every corner of the financial markets, from stocks to bonds to commodities, investors are sending Donald Trump the same unmistakable message: The trade war he unleashed is threatening to set off a worldwide recession — and fast.