Asian Markets Fall on Fed Concerns
Asian stock markets were lower early Tuesday, mirroring Wall Street’s performance, as investors weigh the Trump administration’s threats to remove Fed chief Jerome Powell.
Dow Headed for Worst April Since 1932 as Investors Send 'No Confidence' Signal
Few think the administration’s negotiations with trade partners will yield results soon enough to ease the strain.
Trump Is Laying the Groundwork to Blame Powell for Any Downturn
The central bank’s legitimacy is at risk as the president attacks the Fed for cutting rates before election but not now.
Gold Futures Break Above $3,500 an Ounce For First Time on Fed Concerns
Gold futures set a fresh record high as concerns around the Federal Reserve’s independence and the global economic outlook intensify.
U.S. Slaps Steep Tariffs on Southeast Asian Solar Imports
The U.S. broadened its trade dispute with China by imposing steep tariffs on solar imports from four Southeast Asian countries where Chinese manufacturers have set up factories in recent years.
Running on empty: Inside China's quiet pension-funding crisis
Surveys show that more than 40% of flexible workers – including delivery drivers, livestreamers and freelancers – are opting out of the pension system
M&A activity falls as Wall Street client tap deal brakes
In the face of uncertainty around tariffs and other policy changes, companies have been pausing major deal decisions, despite the expectation in late 2024 that activity would accelerate.
Bitcoin could rise back toward $100,000 if this happens, as dollar and stocks fall while gold rises
Bitcoin may rise back to $100,000 if it breaks above its current resistance levels in the next few days, as a weakening dollar could provide tailwinds for the crypto, while bitcoin’s recent strength over equities lead to optimism that the crypto may eventually serve as a store of value.
The dollar will remain the world's reserve currency - for now. But stocks and bonds could keep struggling.
A sharp decline in the U.S. dollar over the past few weeks has captivated Wall Street, and inspired a wave of catastrophizing about the end of the dollar’s reign as the de facto global reserve currency.
China Warns Against Trade Deal With U.S. at Beijing's Expense
The Chinese commerce ministry said it would respond “resolutely” with reciprocal countermeasures should such a situation arise.
(END) Dow Jones Newswires
April 22, 2025 05:15 ET (09:15 GMT)
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