Jerry Lin
The Latest
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Oil Prices Slide as Trump Tariffs Trigger Fears of Global Demand Slowdown
Oil prices plunged more than 6% on Thursday as traders and analysts issued a swift verdict on President Donald Trump's sweeping new tariffs, viewing them as a significant drag on global growth and fuel demand. The decline came despite a carveout exempting oil, gas, and refined products from the tariffs, signaling investor concerns over broader economic impacts. 
Oil prices plunged more than 6% on Thursday as traders and analysts issued a swift verdict on President Donald Trump's sweeping new tariffs, viewing them as a significant drag on global growth and fuel demand. The decline came despite a carveout exempting oil, gas, and refined products from the tariffs, signaling investor concerns over broader economic impacts. -
Trump’s Global Tariffs Trigger U.S. and Global Markets Plunge, Spark Fears of Recession and Retaliation
U.S. and global markets fell sharply Thursday after President Donald Trump announced sweeping new tariffs on imports from dozens of countries, rattling investors and triggering swift condemnation from trade partners. 
U.S. and global markets fell sharply Thursday after President Donald Trump announced sweeping new tariffs on imports from dozens of countries, rattling investors and triggering swift condemnation from trade partners. -
Goldman Sachs Raises U.S. Recession Odds to 35% as Trump Tariff Shock Hits Markets
Goldman Sachs raised the probability of a U.S. recession to 35% over the next 12 months, citing escalating trade tensions and renewed inflationary pressure as President Donald Trump's tariff policy rattles global markets and investor confidence. 
Goldman Sachs raised the probability of a U.S. recession to 35% over the next 12 months, citing escalating trade tensions and renewed inflationary pressure as President Donald Trump's tariff policy rattles global markets and investor confidence. -
Gold Surges to Record High Above $3,070 as Trump Tariffs Fuel Market Anxiety
Gold prices soared to a fresh record Thursday, crossing $3,070 an ounce as escalating trade tensions triggered a wave of safe-haven buying and rattled global equity markets. The move comes on the heels of U.S. President Donald Trump's announcement of a 25% tariff on imported vehicles, intensifying fears of a retaliatory trade war. 
Gold prices soared to a fresh record Thursday, crossing $3,070 an ounce as escalating trade tensions triggered a wave of safe-haven buying and rattled global equity markets. The move comes on the heels of U.S. President Donald Trump's announcement of a 25% tariff on imported vehicles, intensifying fears of a retaliatory trade war. -
Labor Market Holds Steady as Weekly Jobless Claims Fall Slightly Amid Federal Cuts
Weekly jobless claims in the United States edged lower last week, signaling continued labor market resilience even as sweeping federal job cuts tied to the Trump administration's government downsizing initiative begin to take hold. The Department of Labor reported Thursday that initial claims for state unemployment benefits declined by 1,000 to a seasonally adjusted 224,000 for the week ending March 22, roughly in line with economist expectations. 
Weekly jobless claims in the United States edged lower last week, signaling continued labor market resilience even as sweeping federal job cuts tied to the Trump administration's government downsizing initiative begin to take hold. The Department of Labor reported Thursday that initial claims for state unemployment benefits declined by 1,000 to a seasonally adjusted 224,000 for the week ending March 22, roughly in line with economist expectations. -
Job Applications Surge 75% Among Federal Workers at DOGE-Targeted Agencies Amid Layoff Fears
Federal workers employed at agencies targeted for downsizing under the Trump administration's Department of Government Efficiency (DOGE) have ramped up their job searches, with applications surging more than 75% above 2022 levels, according to data released Tuesday by the employment platform Indeed. 
Federal workers employed at agencies targeted for downsizing under the Trump administration's Department of Government Efficiency (DOGE) have ramped up their job searches, with applications surging more than 75% above 2022 levels, according to data released Tuesday by the employment platform Indeed. -
MicroStrategy Crosses 500,000 Bitcoin Mark After $584 Million Purchase
MicroStrategy, now rebranded as Strategy, disclosed on Monday that it has acquired an additional 6,911 Bitcoin between March 17 and March 23, spending approximately $584.1 million in cash. The purchase brings the company's total Bitcoin holdings to 506,137 coins, cementing its status as the largest corporate holder of Bitcoin globally. 
MicroStrategy, now rebranded as Strategy, disclosed on Monday that it has acquired an additional 6,911 Bitcoin between March 17 and March 23, spending approximately $584.1 million in cash. The purchase brings the company's total Bitcoin holdings to 506,137 coins, cementing its status as the largest corporate holder of Bitcoin globally. -
Bank of England Holds Interest Rates at 4.5%, Warns of Intensifying Global Trade Risks
The Bank of England on Thursday held its benchmark interest rate steady at 4.5%, citing escalating global trade tensions and lingering domestic economic uncertainty as key reasons for the pause. 
The Bank of England on Thursday held its benchmark interest rate steady at 4.5%, citing escalating global trade tensions and lingering domestic economic uncertainty as key reasons for the pause. -
Gold Prices Hold Near All-Time Highs After Fed Signals Possible Rate Cuts
Gold prices steadied near record highs on Thursday, buoyed by mounting expectations of Federal Reserve interest rate cuts later this year and persistent geopolitical tensions that have stoked safe-haven demand. 
Gold prices steadied near record highs on Thursday, buoyed by mounting expectations of Federal Reserve interest rate cuts later this year and persistent geopolitical tensions that have stoked safe-haven demand. -
China Follows Fed in Holding Rates Steady, Eyes U.S. Trade Moves and Yuan Stability
China's central bank left its key lending rates unchanged for a fifth consecutive month on Thursday, as policymakers seek to stabilize the yuan and monitor external risks, particularly renewed trade tensions with the United States. The People's Bank of China (PBOC) maintained the one-year loan prime rate (LPR) at 3.1% and the five-year LPR at 3.6%, in line with market expectations. 
China's central bank left its key lending rates unchanged for a fifth consecutive month on Thursday, as policymakers seek to stabilize the yuan and monitor external risks, particularly renewed trade tensions with the United States. The People's Bank of China (PBOC) maintained the one-year loan prime rate (LPR) at 3.1% and the five-year LPR at 3.6%, in line with market expectations.
