by Benzinga | April 4, 2025 10:05 am | Economics
Editor’s Note: A typographical error in the headline of this story has been corrected. Cryptocurrency bettors sharply upped the odds of a U.S. recession Thursday following President Donald Trump’s worse-than-expected “Liberation Day” tariff rollout....
by Benzinga | April 4, 2025 4:04 am | 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 4:04 am | Economics
As newly announced trade tariffs rattle markets, the U.S. labor market stands as the last major pillar of strength in an economy increasingly defined by President Donald Trump‘s policy decisions. The Bureau of Labor Statistics will release the March Employment...
by Benzinga | April 4, 2025 3:04 am | Economics
MCLEAN, Va., April 03, 2025 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.64%. “Over the last month, the 30-year fixed-rate...
by Benzinga | April 4, 2025 3:04 am | Economics
Commerce Secretary Howard Lutnick believes the Trump Administration’s reciprocal tariffs will cause some short-term pain, but ultimately result in medium- and longer-term gain. What To Know: President Donald Trump announced sweeping reciprocal tariffs on numerous...
by Benzinga | April 4, 2025 1:04 am | Economics
WASHINGTON, April 03, 2025 (GLOBE NEWSWIRE) — Today, the Beer Institute published an unofficial estimate of taxable removals shipments by beer brewers for February 2025: February 2025 estimate of 10,300,000 barrels, for a decrease of 14.9% compared to February...
by Benzinga | April 3, 2025 11:16 pm | Economics
Austin, TX, USA, April 03, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Indoor Plant Market Size, Trends and Insights By Type (Shade-Loving Plants, Low Light Plants, High Light Plants), By Product Type...
by Benzinga | April 3, 2025 9:24 pm | Economics
While the tariffs announced by President Donald Trump are already dragging markets deep into the red, early signs of strain are beginning to emerge in corporate health indicators, raising concerns that the services sector, the backbone of the U.S. economy, may no...
by Benzinga | April 3, 2025 9:24 pm | Economics
Austin, TX, USA, April 03, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Induced Pluripotent Stem Cell iPSC Market Size, Trends and Insights By Derived Cell Type (Hepatocytes, Fibroblasts, Keratinocytes,...
by Benzinga | April 3, 2025 8:01 pm | Economics
Delray Beach, FL, April 03, 2025 (GLOBE NEWSWIRE) — The worldwide Customer Information System (CIS) Market is poised for substantial expansion, expected to reach a compound annual growth rate (CAGR) of 12.8%. The market, valued at approximately USD 1.79 billion...
by Benzinga | April 3, 2025 8:01 pm | Economics
President Donald Trump rocked global markets on Wednesday with tougher-than-anticipated tariff announcements as part of his plan to reset U.S. trade policy. The measures include a 34% tariff on imports from China, raising the total duties on Chinese goods to 54% and...
by Benzinga | April 3, 2025 8:01 pm | Economics
Delray Beach, FL, April 03, 2025 (GLOBE NEWSWIRE) — According to MarketsandMarkets, the global seeds market is projected to grow from USD 58.8 billion in 2023 to USD 83.3 billion by 2028, registering a Compound Annual Growth Rate (CAGR) of 7.2% during the...
by Benzinga | April 3, 2025 8:01 pm | Economics
Markets are reeling after President Donald Trump unveiled sweeping tariffs on Wednesday, far exceeding investor expectations and triggering fears of an inflation spike. Ringing alarm bells in a post-announcement note was Ed Yardeni, president of Yardeni Research and...
by Benzinga | April 3, 2025 7:07 pm | Economics
The American Association of Individual Investors (AAII) survey revealed that bearishness, at 61.9%, continued to outpace bullish and neutral sentiment this week, marking a week-over-week rise in pessimism. What Happened: The most recent results from the AAII Sentiment...
by Benzinga | April 3, 2025 5:05 pm | Economics
After President Donald Trump unveiled the tariffs on all its trading partners on Wednesday, this economist recalled his analysis of tariffs being used to fund tax cuts. Meanwhile, another senior economist highlighted other possible implications of the tariff...
by Benzinga | April 3, 2025 4:06 pm | Economics
Billionaire investor and the founder of Bridgewater Associates, Ray Dalio, has issued a warning about the economic ripples of escalating tariffs. In a recent analysis, Dalio dissects the “tariff machine,” revealing its impact on global markets and highlighting the...
by Benzinga | April 3, 2025 4:06 pm | Economics
Former Treasury Secretary Larry Summers said on Thursday that President Donald Trump‘s tariffs will cause an “oil crisis-like shock” to the economy, simultaneously spiking prices and unemployment while shrinking productive capacity. What Happened: Summers told...
by Benzinga | April 3, 2025 4:06 pm | Economics
U.S. stock futures plummeted on Thursday after advancing on Wednesday. Futures of major benchmark indices were down over 2-3% in premarket trading. Invoking a 1977 law, President Donald Trump declared a trade emergency Wednesday, arguing it was necessary to address...
by Benzinga | April 3, 2025 3:03 pm | Economics
Former Secretary of the Treasury Lawrence H. Summers, also known as Larry Summers, described the tariffs imposed by President Donald Trump as the “most expensive and masochistic” move by the U.S., which could roil the economy, erasing trillions of dollars. What...
by Benzinga | April 3, 2025 3:03 pm | Economics
Top U.S. technology multinationals, which have been the biggest beneficiaries of globalization, come to the fore as tariffs could heavily impact the cost of the goods sold by these firms. What Happened: The data shared by Gina Martin Adams, the chief equity strategist...