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The Latest Breaking News from Economy

Jamie Dimon argues JPMorgan can help fix bond market chaos

The Treasury market helps the global economy go-round, and Wall Street is watching closely for signs the Fed may need to intervene.

Fortune

‘Completely out of touch’: golf and dinners for ‘king’ Trump as economy melts down

Casual attitude as markets fall suggests man detached from anxieties of ordinary voters – and surrounded by yes men

The Guardian - US

Argentina Receives $42 Bn From International Financial Institutions

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before."

International Business Times

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Argentina says it will lift the country's strict currency controls with the help from the IMF

Argentine President Javier Milei’s economy minister says the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund

The Independent UK

Tariff Angst Sinks the Dollar and Boosts Gold to a Record High

The dollar index (DXY00 ) Friday fell by -0.80% and posted a 3-year low. The dollar retreated Friday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. On Friday, China raised tariffs on all US goods to 125% from 84%...

Barchart

As JPMorgan, Wells Fargo and Morgan Stanley beat Q1 expectations, Jamie Dimon says he cares less about the U.S. economy than that the “Western world stays together economically”

Mostly positive bank earnings were clouded by the chaotic start to Q2 and the murky economic outlook.

Fortune

In trade war with the US, China holds a lot more cards than Trump may think − in fact, it might have a winning hand

When Donald Trump pulled back on his plan to impose eye-watering tariffs on trading partners across the world, there was one key exception: China.

The Conversation

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Trump’s approval ratings take a beating amid the trade war

ANALYSIS: President’s strength on the economy crumbles, but immigration keeps him above water

The Independent UK

Trump’s tariffs: A simple illustrated guide to 15 economic terms to know

What do terms like tariffs, trade deficits, trade wars, bonds, and recession mean in simple language?

Al Jazeera

Working group to assess impact of trade tariffs on Northern Ireland businesses

Stormont Economy Minister Caoimhe Archibald said it will help shape the response to the US tariffs.

Evening Standard

Dollar Sinks to a 3-Year Low as US-China Trade Way Escalates

The dollar index (DXY00 ) today is down by -1.20% and tumbled to a 3-year low. The dollar is sharply lower today because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. China raised tariffs on all US goods to 125%...

Barchart

UK economy sees unexpected growth spurt in February before tariff woes

Although February's GDP report was upbeat, it did little to boost investor sentiment as US tariff uncertainties continue to weigh on the British and global economy.

Euronews

JPMorgan Chase Sees 'Considerable Turbulence' Facing Economy As Profits Rise

JPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he warned of "considerable turbulence" facing the economy.

International Business Times

JP Morgan shares rise on earnings, but CEO Jamie Dimon warns of turbulence for the U.S. economy

Potential negatives Dimon sees include tariffs and trade wars, ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility.

Fortune

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The Guardian - UK

Trump’s tariffs are ruinous, but are western sanctions any better? Just look at Syria

Sanctions as a form of economic aggression are macho and myopic, yet countries including the UK refuse to call a halt, says Guardian columnist Simon Jenkins

The Independent UK

Voices: Strong GDP growth is unexpected good news for Rachel Reeves – but there’s a ‘but’…

COMMENT : The boost to the British economy from a jump in exports to the US will be short-lived – thanks to Trump’s trade war over tariffs, says James Moore

Salon

The folly of Trump's tariff "game show"

Trump’s toxic union of media, entertainment and politics comes to a head

The Guardian - UK

GDP jump offers Rachel Reeves some light as UK enters Trump tariff tunnel

Growth defied forecasts that chancellor had hobbled economy, but trade war casts long shadow

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news in one place.

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The Independent UK

Major airline slashes economy fares on transatlantic travel

European airline groups have felt the effects of Donald Trump’s trade war

Euronews

The euro as a safe haven: Is it here to stay?

While the euro's rise as a safe haven is promising, sustaining this trend requires more than just fiscal stimulus, S&P Global Ratings' Sylvain Broyer writes in a Euroviews exclusive.

The Guardian - UK

Could there be an upside to Trump’s unhinged attacks on Canada?

The US president has inadvertently united the country against him – and now his tariffs may make Canada rethink its dependence on US trade, says Guardian US live news editor Chris Michael

International Business Times

UK's Unexpected Economic Rebound Boosts Govt Amid Trump Tariffs

Britain's economy grew far more than expected in February, official data showed Friday, in a rare piece of good news for the Labour government as it grapples with unpredictable US tariffs.

The Guardian - UK

Starmer aiming to ‘pass emergency legislation in one day’ to save British Steel – as it happened

Parliament is being recalled on Saturday to vote on emergency legislation that will bring British Steel under government control

Evening Standard

UK economy grows faster than expected in February as Trump tariff threat looms

The figures are a positive for Labour, but economists said growth will likely be hampered by the US trade war in the coming months.

The National (Scotland)

Surprise as UK economy grows 'far faster than expected' after flat start to 2025

THE UK economy grew faster than expected in February, as the services and manufacturing sectors picked up after recent slow activity, official…

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