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Dollar Falls as Markets React to U.S. Tariff Ruling The U.S. dollar (USD) fell against its major trading partners in the forex market, halting the greenback’s successive recovery amidst reaction to the Supreme Court tariff ruling. The euro edged toward $1.18, recovering from its weakest level in a month, as the US dollar weakened following […]
The US Capitol Photo: VCG US President Donald Trump said Saturday local time that he would raise his new global tariff to 15 percent, The New York Times (NYT) reported. The move came a day after the US Supreme Court ruled that the Trump administration’s sweeping tariffs under a law meant for national emergencies were […]
Imports around the world are set to face a new, 15 percent tariff under President Trump’s latest trade policy, announced Saturday in the wake of a Supreme Court decision that struck down a large slate of his previous duties. How the new tariff compares to the previous rate Notes: Rates shown are a comparison between […]
A shifting climate is often treated like a distant environmental problem, but experts increasingly warn it’s also a major economic threat that many governments and financial institutions still aren’t fully pricing in. A January 2026 report called Parasol Lost, produced by the Institute and Faculty of Actuaries and the University of Exeter, argued that many […]
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During the US trading session on Friday (February 20), the pound sterling rose more than 0.23% against the US dollar after the US Supreme Court ruled that President Trump’s tariff policies, implemented under national emergency-related laws, were illegal. This ruling, combined with weaker-than-expected US GDP data, collectively weighed on the US dollar. The pound sterling […]
Nobel Prize-winning economist Joseph Stiglitz has a poor prognosis for the state of the economy: “Not great right now,” he said on CNBC’s “Squawk Pod” on Thursday. “And the prospects are that it’s going to get worse.” In a criticism of President Donald Trump’s economic policies, Stiglitz said one of the greatest threats to the […]
As the International Monetary Fund takes China to task, the world’s “lender of last resort” is grappling with a new legitimacy crisis. It used to be a one-size-fits-all response to financial crackups that earned the IMF global ire. From the 1997-98 Asian financial crisis to the lead-up to the 2008 “Lehman shock” to any number […]
President Donald Trump on Thursday plunged back into the midterm campaign, defending his economic record in the face of sagging poll numbers that could hamstring Republican candidates this fall. Despite polls showing widespread concern about his tariffs and their impact on already high prices, Trump signaled at a stop in Northwest Georgia that he would […]
