U.S. stock index futures fell sharply on Wednesday after China announced more levies on U.S. goods, striking back against President Donald Trump's reciprocal tariffs that took effect earlier.
The escalating trade war between the U.S. and nearly every single one of its major trading partners has sparked a flurry of predictions and concerns that a global recession could be around the corner.
World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the value of shares, as China vowed to "fight to the end" against additional U.S. tariffs imposed on Beijing.
As stock markets sank for the third day Monday after U.S. President Donald Trump announced sweeping global tariffs last week, no one is coming out unscathed -- but some sectors are seeing more volatility than others.
Central bank's outlook survey shows 32% of firms now planning with the assumption that a recession will happen in Canada in the next year, while job loss fears were dominant for consumers.
Wall Street followed the global stock markets on a downward trajectory Monday, after a brief mid-morning rise. European and Asian shares saw dramatic losses, and the leading U.S. index flirted with bear market territory before opening.
U.S. President Donald Trump on Sunday said foreign governments would have to pay "a lot of money" to lift sweeping tariffs that he characterized as "medicine," as financial markets indicated another week of steep losses could be in store.
Housing is about to get a lot more expensive in the next decade if the federal government's immigration program bringing in skilled workers isn't revamped. Many in the construction industry say there aren't enough domestic workers going into jobs ...
U.S. President Donald Trump extended a deadline by 75 days for Chinese technology company ByteDance to sell U.S. assets of popular short video app TikTok to a non-Chinese buyer or face a ban that was supposed to have taken effect in January under a . ...