by Benzinga | April 5, 2025 2:04 am | Economics
Boston, April 04, 2025 (GLOBE NEWSWIRE) — According to the latest study from BCC Research, “Bioprocess Optimization and Digital Bio-manufacturing: Global Markets” is expected to grow from $24.3 billion in 2024 to $39.6 billion by the end of 2029 at a...
by Benzinga | April 5, 2025 1:05 am | Economics
Wall Street’s sell-off shows no signs of easing into the week’s close, in what’s shaping up to be the worst week for U.S. equities since March 2020. The market’s bleeding is now visible across the board: the Dow Jones has slipped into...
by Benzinga | April 4, 2025 11:04 pm | Economics
Federal Reserve Chair Jerome Powell signaled a cautious policy stance on Friday, hinting that slowing economic momentum is not yet enough to ease the Federal Reserve’s inflation concerns, as higher tariffs threaten to complicate the path toward price stability....
by Benzinga | April 4, 2025 10:04 pm | Economics
While the world focused on escalating global trade tensions, the Bureau of Labor Statistics reported Friday that nonfarm payrolls surged by 228,000 in March, far better than economists’ forecasts of 135,000. Economists are weighing in on the positive jobs report as...
by Benzinga | April 4, 2025 10:04 pm | Economics
Dip-buying remained absent in early Friday trading in New York, with Wall Street deep in the red as global trade war fears continued to escalate, despite the March jobs report showed continued signs of U.S. labor market resilience. The U.S. economy added 228,000 jobs...
by Benzinga | April 4, 2025 9:01 pm | Economics
Delray Beach, FL, April 04, 2025 (GLOBE NEWSWIRE) — The US Customer Data Platform Market is expected to reach USD 6.4 billion in 2028 from USD 1.9 billion in 2024, at a CAGR of 35.9% during the forecast period, according to a new report by MarketsandMarkets™....
by Benzinga | April 4, 2025 7:06 pm | Economics
Delray Beach, FL, April 04, 2025 (GLOBE NEWSWIRE) — In terms of value, the Medical Filtration Market Is projected to reach USD 9.35 billion by 2030 at a CAGR of 6.8%, as per the recent study by MarketsandMarkets™. The combination of regulatory frameworks,...
by Benzinga | April 4, 2025 7:06 pm | Economics
Wall Street just got a wake-up call. According to JPMorgan analyst Maia G. Crook, the probability of a U.S. recession has surged to 60%, up from 40% last month, thanks to the latest round of tariff hikes. The “largest U.S. tax hike in nearly 60 years” is...
by Benzinga | April 4, 2025 7:06 pm | Economics
Delray Beach, FL, April 04, 2025 (GLOBE NEWSWIRE) — The global dental equipment market , valued at US$6.5 billion in 2023, is forecasted to grow at a robust CAGR of 6.2%, reaching US$6.9 billion in 2024 and an impressive US$9.3 billion by 2029. The dental...
by Benzinga | April 4, 2025 7:06 pm | Economics
As Wall Street crumbles from the impact of tariffs, cracks are still not visible in the U.S. labor market, which continues to show resilience and defies investor fears of economic weakness. In March, nonfarm payrolls surged by 228,000, the Bureau of Labor Statistics...
by Benzinga | April 4, 2025 6:05 pm | Economics
China’s finance ministry has announced a 34% tariff on all goods imported from the U.S., effective from April 10. This decision comes as a response to the U.S. administration’s earlier imposed duties. What Happened: China’s finance ministry has declared a 34% tariff...
by Benzinga | April 4, 2025 6:05 pm | Economics
Delray Beach, FL, April 04, 2025 (GLOBE NEWSWIRE) — The report “Drone Detection Market by Technology (Radar, RF Scanner, Optical), Application (Critical Infrastructure, Airport, Stadium, Prison, Power Plant, Oil & Gas, Border Security, Military), Type...
by Benzinga | April 4, 2025 6:05 pm | Economics
As the global trade war escalates due to unprecedented U.S. tariffs, this analyst has mapped out three possible economic scenarios, with the worst-case outcome forecasting a deep recession and a potential stock market plunge of up to 60%. What Happened: Peter Mallouk,...
by Benzinga | April 4, 2025 6:05 pm | Economics
Ross Gerber, the president and CEO of Gerber Kawasaki Wealth & Investment Management and chess champion, Gary Kasparov, have publicly criticized Bill Ackman for his defense of President Donald Trump‘s trade war strategies. What Happened: On Thursday, Gerber...
by Benzinga | April 4, 2025 5:05 pm | Economics
Despite a bloodbath on Thursday following the tariff announcements on several U.S. trading partners, President Donald Trump dismissed the concerns while talking to reporters before boarding Air Force One for his Miami visit. What Happened: President Trump compared the...
by Benzinga | April 4, 2025 4:04 pm | Economics
The tariffs unveiled by U.S. President Donald Trump on Wednesday are resulting in heated battles on social media, between those in favor and those against them. Nassim Taleb, a renowned mathematician and statistician, and author of books The Black Swan, Antifragile,...
by Benzinga | April 4, 2025 4:04 pm | Economics
Jim Cramer has voiced his displeasure over the prevailing tariff policies, terming it a ‘manmade disaster’ that has led to a downturn in the stock market. What Happened: Jim Cramer, recognized for his shows ‘Mad Money’ and ‘Squawk on the Street’, slammed the current...
by Benzinga | April 4, 2025 3:06 pm | Economics
Cliff Asness, Chief Investment Officer at AQR Capital Management, criticized proponents of tariffs Thursday, challenging claims that tariffs lead to deflation rather than inflation. What Happened: “Idiots say this and bray like they’ve scored a great point,” Asness...
by Benzinga | April 4, 2025 2:04 pm | Economics
Major corporations have already begun announcing layoffs on Thursday as President Donald Trump’s sweeping new tariff structure is set to take effect. What To Know: One of the Big Three automakers, Stellantis N.V. (NYSE:STLA), said on Thursday that it will be...
by Benzinga | April 4, 2025 10:05 am | Economics
As global markets shed $2 trillion in value following President Donald Trump‘s sweeping reciprocal tariffs, billionaire investor Bill Ackman offered pointed advice to foreign leaders. What Happened: “My advice to foreign leaders is that if you have not already reached...