Economy
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Trump’s tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
The White House’s protectionist policies could hit the U.S. harder than Europe in the short term, Banco Santander‘s executive chair…
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Trump’s tariffs are making the ECB’s interest rate path ‘more complicated,’ policymaker says
U.S. President Donald Trump’s tariff policies are making the path ahead for European Central Bank interest rates “more complicated,” according…
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Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
Treasury Secretary Janet Yellen speaking with CNBC’s Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8th, 2024.…
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Treasury Department is set to lay off a ‘substantial’ number of employees, official says
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025. Mandel Ngan | AFP…
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British businesses pile on the pressure on U.K. Financial Minister Reeves ahead of budget update
Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London,…
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Consumer confidence in where the economy is headed hits 12-year low
Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.…
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The probability of a recession is approaching 50%, Deutsche markets survey finds
U.S. dollar banknotes and a label with the word “Recession” are seen in this illustration taken March 19, 2025. Dado…
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Tax revenue collected by the IRS set to plummet, report says
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., February 16, 2025. Annabelle Gordon | Reuters…
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Investors’ optimism is growing around the UK economy as U.S.-EU trade disputes mount
LONDON — Some investors are expressing a growing optimism about the U.K.’s economic outlook despite the country’s long-standing structural weaknesses,…
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Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are…
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