Economy News

JPMorgan Chase CEO Jamie Dimon has cautioned that the possibility of a U.S. recession still looms large, citing a convergence of geopolitical instability and unresolved domestic issues as key threats to economic momentum.

Global markets are recalibrating expectations for China’s economic performance following a sudden softening of trade tensions with the U.S.

Economist Peter Schiff isn’t buying the fanfare around the latest U.S.-China tariff deal. In his view, Washington just blinked.

Global markets are gaining traction after the U.S. and China struck a short-term trade deal, dialing down tariffs to 10% for a 90-day period starting May 14.

China is making quiet but decisive moves to elevate the yuan’s status in global finance, leveraging recent geopolitical shifts and trade negotiations to boost the currency’s reach.

A wave of optimism swept through global markets as the United States and China took decisive steps to de-escalate their long-running trade dispute.

After two intensive days of negotiations in Geneva, officials from the United States and China have reportedly found common ground on key trade issues, paving the way for a new agreement aimed at narrowing the U.S. trade deficit.