May 16, 2025 | Markets
Just like that, the panic on Wall Street has vanished almost as quickly as it arrived. Only weeks ago, traders from Singapore to New York were bracing for the economic fallout from President Donald Trump’s trade war. Global markets had shed trillions in value and...
May 16, 2025 | Markets
China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total...
May 16, 2025 | Markets
Investment firms for the world’s wealthy increased their stock bets ahead of President Donald Trump imposing new tariffs that sent global markets into a tailspin before eventually clawing back losses. Family offices for a European dynasty, hedge fund billionaire Noam...
May 16, 2025 | Markets
US consumer sentiment unexpectedly fell to the second-lowest level on record and inflation expectations climbed to multi-decade highs amid growing concerns about tariffs. The preliminary May sentiment index declined to 50.8 from 52.2 a month earlier, according to the...
May 16, 2025 | Markets
For all the worry about tariffs causing pain for American consumers, shoppers have so far been mostly shielded from — or shrugged off — higher prices at the checkout aisle. Businesses absorbed much of the costs from new levies as they took effect last month, economic...
