Trump, dollar and America
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Mark Hamrick, senior economic analyst at Bankrate, told the Washington Examiner that among the factors behind the depreciation is the prospect that the economy is weakening and that the odds of a rec...
From Washington Examiner
Trump has announced a sweeping tariff plan that's to take effect in the coming week.
From USA Today
A new study by Yale University's Budget Lab shows that families with the highest incomes will pay the most, but the tariffs will cut the deepest into budgets of families with the lowest incomes.
From USA Today
Read more on News Digest
Recession fears are rising under President Trump's new campaign of tariffs. There is still time to prepare your finances.
Stocks dived on Thursday and investors scrambled for the safety of bonds, gold and the yen, fearing new U.S. tariffs have intensified a trade war threatening to tip the world into recession.
Dollar Tree’s latest bargain is its own operations. The discount retail chain is handing its down-market Family Dollar brand to a group of private equity firms for the meager price of $1 billion. As the economy weakens,
Shares of Dollar General ( DG 3.00%) rallied 18.5% in March, according to data from S&P Global Market Intelligence. The move for the beaten-down retailer was all the more surprising given that the overall S&P 500 Index was down 5.6% during the month.
The USD/CAD pair faces a sharp sell-off and slides to near 1.4100 during European trading hours on Thursday. The Loonie pair weakens as the US Dollar (USD) nosedives after the release of the reciprocal tariff plan by United States (US) President Donald Trump on Wednesday.
Goldman Sachs Group Inc. expects the yen to climb to the low 140 levels against the dollar this year as jitters around US growth and trade tariffs bolster demand for the safest assets.
The dollar weakened as its safe haven status was missing on a day dominated by a flight to safety in global markets that prioritized bond buying.
Dollar Tree’s losses widened in the fourth quarter but the business stands to benefit from a greater allocation of resources after the company confirmed a sale of its Family Dollar business.