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The Latest Breaking News from Jerome Powell

Bitcoin hovers above $90,000 as Trump backs off Powell and trade talks advance

The crypto market has made gains this week with Solana adding 14% and XRP adding 5%.

Fortune

Women Face Higher Risks of Missing Retirement Goals Amid Trump's Tariff-induced Market Turmoil

Women earn much less than men and face challenges in saving money adequately while managing caregiving responsibilities. A market crash triggered by Trump's tariff play and federal changes is adding to these existing problems.

International Business Times UK

Trump’s ‘art of the retreat’ may signal he’s setting Powell up to take the fall for economic turmoil

Trump’s tactical retreat on key points like Fed Chair Powell and trade negotiations with China signals a change within the White House—potentially lining up a scapegoat if its policies fall flat.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump tariffs: President vents at China over Boeing as Beijing denies claims of trade deal talks

Beijing called claims of trade talks ‘groundless as trying to catch the wind’ and having ‘no factual basis’ as Trump insisted they were happening

The Independent UK

Americans Wary Of Trump's Economic About-faces

President Donald Trump's various U-turns are leaving Americans disillusioned -- especially after he was elected on vows of guaranteeing economic prosperity.

International Business Times

Wall Street rally falters as Trump sends mixed tariff signals

The rebound in the US stock markets ran out of steam after a two-day rally as the Trump administration sent mixed messages regarding its tariff plans on other countries, particularly China.

Euronews

Trumpworld talks out of both sides of its mouth on tariffs and trade

Analysis: Trump’s tariffs might upset the tummy of Wall Street. But its the inconsistency that will give investors heartburn

The Independent UK

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Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell

The Trump administration has also signaled its trade war with China may be letting up soon

The Independent UK

Trump Seeks 'Fair Deal' With China But Pathway Unclear

US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing.

International Business Times

Trump Reportedly Considering Tariff Exemptions For Some US Automakers In Latest Reversal To Rattle Markets

It's already experienced a wild week on Wall Street -- and it's only Wednesday. And the markets could be in for another ride Thursday amid reports of another reversal by President Donald Trump.

International Business Times

Stock Market Today: Trump Retreats, Markets Rejoice

Stocks rally, yields soften, the dollar rises, and even beaten-down names enjoy the wages of potential trade peace.

Kiplinger

Americans losing faith in ‘erratic’ Trump on tariff-hit economy as poll finds three quarters fear recession

But he is still more popular than Joe Biden, according to Ipsos survey

Evening Standard

FTSE 100 jumps amid global stock rally after Trump rows back on tariff threats

The US president said that sky-high trade tariffs on China will ‘come down substantially but it won’t be zero’, prompting stock markets to surge.

Evening Standard

Stock markets rise as Trump backtracks on high China tariffs and firing Fed chair

Weeks of tough talk from the US president, who now says he will be ‘very nice’ to China, had rattled investors

The Guardian - US

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The Guardian - UK

Trump’s an unstable bully – but it’s hard to defend the economic orthodoxies he is attacking

With Rachel Reeves in the US, some clarity is needed: the global economy has been mismanaged and the Federal Reserve does deserve criticism, says Guardian columnist Larry Elliott

Fortune

Richard Branson says Trump’s tariffs messed up a promising economy: ‘Everything was going so bloody well up to about three months ago’

The billionaire entrepreneur sees Trump’s hard-line trade policies as reflecting the views of a “fairly small elite [group] of people around” him.

Investors Business Daily

Stock Market Today: Dow Jones Fades As Trump Backs Down On China, Fed Powell; Cathie Wood Scoops Up Nvidia Stock (Live Coverage)

President Trump said tariffs on China will "come down substantially," though they will not be reduced to zero.

Latin Times

Superstore CEOs Urged Trump to Back Off Tariffs or 'Shelves Would Be Empty' Before Revealing Possibility of China Trade Talks: Report

Facing pressure from retail CEOs and spooked markets, President Donald Trump toned down his tariff threats and signaled potential trade talks with China.

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The Independent UK

The Latest: Treasury secretary says trade war with China is not ‘sustainable’

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

Investors Business Daily

Trump's Retreat Vs. The Fed, China Is Fueling The S&P 500. The Hard Part Comes Next.

President Trump wants to slash tariffs on China and will let Fed chief Jerome Powell keep his job.

International Business Times UK

NovaGold Stock Soars 40% After Billionaire Paulson Makes a Bold Bet on Gold – Should You Follow?

NovaGold Resources shares soared after billionaire investor John Paulson's firm entered a deal with the company to buy a stake in Alaska's Donlin gold mine project.

Investors Business Daily

Dow Jones Surges 1,000 Points On Trump Comments; Apple, Nvidia, Tesla Rally

The Dow Jones surged 1,000 points Wednesday on President Trump's tariff comments. Apple, Nvidia and Tesla rallied on the stock market today.

Latin Times

China Says 'Door Open' To Trade Talks After Trump Signals Tariffs Will Fall

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no intention of firing US Federal Reserve Chair Jerome Powell.

Fortune

Fed Chair Powell might have quietly won Trump’s one-sided war with the central bank after the president says he has ‘no intention’ of firing him

Powell might have escaped Trump's one-sided battle with the Fed unscathed.

Fortune

Global markets rally after Trump walks back Powell attacks and Bessent looks for China 'de-escalation'

Investor optimism built off Bessent's remarks went into overdrive after President Donald Trump told reporters in the Oval Office that he had "no intention" of firing Fed Chair Jerome Powell.

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