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News
Wild gaffe as Trump threatens to unleash military on sluggish bond market
3+ week, 2+ day ago (51+ words) President Donald Trump on Friday answered a reporter's question about calming the turbulent bond market by saying he'll use military force.Trump was asked whether he had spoken with Treasury Secretary Scott Bessent about "another type of intervention" after bond…...
Household staple under threat after Trump's tariffs wipe away Canadian goods: report
2+ week, 4+ day ago (47+ words) President Trump's escalating trade fight with Canada is about to make one of the most basic household necessities more expensive, as Canada prepares retaliatory tariffs on toilet paper and hundreds of other American goods.The news was reported by The…...
Bond vigilantes call Scott Bessent's bluff after failed fix turns into 'five-alarm fire"
1+ week, 4+ day ago (366+ words) Two news anchors reacted with alarm to the global bond selloff and mocked the Trump administration's failed response. On Tuesday, CNN anchor Erin Burnett and Richard Quest, the host of Quest Means Business, explained what's happening in the global bond…...
'Addled' Trump viciously mocked after flub: 'Bond market also two weeks away from a nuke?"
3+ week, 2+ day ago (46+ words) President Donald Trump's threat to use military intervention to handle the troubled bond markets is baffling his online critics.On Friday, a reporter asked Trump about increasing bond yields, which Treasury Secretary Scott Bessent has struggled to contain after a…...
Trump's only hope for fighting inflation will make him 'very angry': expert
1+ day, 4+ hour ago (315+ words) An economist argued Saturday that President Donald Trump's only hope of lowering inflation before the midterms will likely make him very, very mad. Professor of economics Justin Wolfers, who writes the Platypus Economics Substack, made the assessment during an appearance…...
Giant Trump fumble comes with $100 billion price tag that Americans pay: analysis
6+ day, 10+ hour ago (58+ words) President Donald Trump's ongoing war in Iran is costing Americans $1 million every two minutes in higher energy prices, according to a Brown University analysis. That's a total of $100 billion in added costs. "Yes," Brown University confirms to its viewers, "that's…...
Rosy Trump prediction obliterated as analysts pop his balloon with grim reality
1+ week, 5+ day ago (362+ words) President Donald Trump's boast that cheaper gas is just around the corner after his energy deal with Venezuela didn't last long at all. According to a report from The Washington Post, energy industry analysts and experts in oil extraction are…...
Trump triggers "frightening sign" as billions in gold flee New York vaults: expert
1+ week, 2+ day ago (49+ words) Fears that President Donald Trump could freeze foreign assets are driving billions in gold out of New York's vaults, an economics journalist warned.In a Thursday article for The Bulwark, economics editor and columnist Catherine Rampell described the gold retreat…...
Fed Chair dodged growing turf war with Scott Bessent's Treasury: expert
2+ week, 1+ day ago (45+ words) Federal Reserve Chair Kevin Warsh delivered a much-anticipated policy speech and said almost nothing, which economics columnist Catherine Rampell says was the point.During a Friday morning speech in Jackson Hole, Wyoming, Warsh warned that inflation remained "still worrisome" and…...
Trump triggered economists' worst fears — and Nobel laureate warns it may be 'permanent"
3+ week, 6+ day ago (152+ words) President Donald Trump's economy has created a "possibly permanent" new era that has confirmed the fears of many of America's top economists, according to one expert. Throughout Trump's second term, his administration has sought to deport millions of people the…...