Month: April 2025

Buildings in Auckland, New Zealand, on Monday, May 22, 2023.Bloomberg | Bloomberg | Getty ImagesNew Zealand’s gross domestic product fell 0.1% in the first quarter, according to government data published Thursday, as its central bank embarked on one of the most aggressive rate hike cycles in the world.The latest data from Wellington marks a technical… […]

CNBC’s Jim Cramer debriefed investors on Wednesday about the Federal Reserve’s meeting, where it announced a pause in rate hikes for now, but implicated further hikes later this year.After the Fed action, Cramer said he sees a narrowing market ahead with investors selling in a panic.”Like I warned you the last couple of weeks, the… […]

Mark Stone celebrates with the Stanley Cup after the Vegas Golden Knights won the NHL Stanley Cup Final against the Florida Panthers at T-Mobile Arena in Las Vegas, June 13, 2023.Jeff Speer | Icon Sportswire | Getty ImagesThe Stanley Cup belongs to Sin City.The Vegas Golden Knights, in just their sixth season in the NHL,… […]

(L-R) U.S. Sens. Elizabeth Warren (D-MA) and Ron Wyden (D-OR) speak to reporters about a corporate minimum tax plan at the U.S. Capitol October 26, 2021 in Washington, DC.Drew Angerer | Getty ImagesWASHINGTON — Two top Senate Democrats with a track record of scrutinizing business and antitrust activity have called for a Justice Department investigation… […]

China’s and U.S.’ flags are seen printed on paper in this illustration taken January 27, 2022. RUVIC DATE | Reuters BEIJING — Risks of an intense U.S.-China trade war are rising rapidly, according to analysts, after Beijing responded more forcefully than many had expected to U.S. President Donald Trump’s latest tariffs. In a shift in […]

“The Japanese yen will be a good — and probably the best — candidate to hide from trade tensions and a U.S. recession, for a whole host of familiar reasons,” said Ebrahim Rahbari, head of rates strategy at Absolute Strategy Research. Zhang Xiaoyu | Xinhua News Agency | Getty Images Investors are flocking to safe […]

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of […]

TOPSHOT – A monk walks past a collapsed building in Mandalay on April 1, 2025, a few days after the deadly Myanmar earthquake. Sai Aung Mainsai Aung Main | Afp | Getty Images Myanmar’s ruling military junta is seizing the aftermath of a deadly earthquake as an opportunity to regain control amid a grueling civil […]