Browsing: inflation
New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says
President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t…
Jamie Dimon isn’t taking a recession off the table for 2026: ‘You don’t wish it because certain people will get hurt’
It would be reassuring for markets to hear Jamie Dimon, the leader of America’s biggest bank and a veteran of…
Top Wall Street economist sees 2 ways tariffs could play out — and neither is good for the average worker
Flying between Helsinki, Prague, Milan and Geneva to meet with clients, Nathan Sheets, Citigroup’s top economist, has a bird’s-eye view…
The Gen Z hiring nightmare is real, but AI is a ‘lightning strike’ not a ‘house fire,’ Yale economist says
Especially alarming to many has been AI’s effect on entry-level jobs. A blockbuster Stanford study in August was especially rattling,…
The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says
One of Wall Street’s most closely watched voices delivered a blunt message to peers and policymakers: The U.S. economy is…
‘Mega bankruptcies’ are the highest they’ve been since the pandemic began, up 33% since last year alone
Corporate bankruptcies are going bigly in 2025. In the 12 months between the second half of 2024 to the first…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’ on Americans
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has come down…
The S&P 500 rose 0.6% and broke its three-day losing streak. The Dow Jones Industrial Average gained 299 points, or…
All bark, no bite: Trump’s latest trade war turns into another TACO salad for Wall Street
When President Donald Trump made his “Liberation Day” speech on April 2, announcing sweeping tariffs across a range of sectors,…
Some things never change—traffic is always annoying; the rent is alway too high; a Philadelphia sports event will never be…












