Jerry Lin
The Latest
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U.S. Oil Plunges on China's Retaliatory Tariffs and Recession Fears, Analysts Warn of Supply Glut
U.S. crude oil prices fell sharply on Wednesday, dropping more than 7% during intraday trading before paring losses, as markets reacted to China's announcement of retaliatory tariffs on U.S. goods in response to President Donald Trump's sweeping 104% levies. The aggressive trade action deepened concerns of a global economic slowdown and sent oil benchmarks tumbling to their lowest levels in four years. 
U.S. crude oil prices fell sharply on Wednesday, dropping more than 7% during intraday trading before paring losses, as markets reacted to China's announcement of retaliatory tariffs on U.S. goods in response to President Donald Trump's sweeping 104% levies. The aggressive trade action deepened concerns of a global economic slowdown and sent oil benchmarks tumbling to their lowest levels in four years. -
IMF Strikes $20 Billion Deal With Argentina as Milei’s Austerity Gains Global Endorsement
The International Monetary Fund reached a preliminary agreement Tuesday to grant Argentina a $20 billion bailout, offering a critical financial lifeline to President Javier Milei's administration as it battles inflation, austerity backlash, and a fast-depleting foreign currency reserve. The deal, pending final approval from the IMF executive board, marks a major moment in Milei's push to overhaul the nation's economic model. 
The International Monetary Fund reached a preliminary agreement Tuesday to grant Argentina a $20 billion bailout, offering a critical financial lifeline to President Javier Milei's administration as it battles inflation, austerity backlash, and a fast-depleting foreign currency reserve. The deal, pending final approval from the IMF executive board, marks a major moment in Milei's push to overhaul the nation's economic model. -
Germany’s CDU, SPD Seal Coalition Deal as Tariff Shockwaves Hit European Markets
Germany's centrist parties reached a formal coalition agreement on Wednesday, setting the stage for Christian Democratic Union (CDU) leader Friedrich Merz to become the country's next chancellor, just as U.S.-imposed tariffs under President Donald Trump begin reverberating through Europe's largest economy. 
Germany's centrist parties reached a formal coalition agreement on Wednesday, setting the stage for Christian Democratic Union (CDU) leader Friedrich Merz to become the country's next chancellor, just as U.S.-imposed tariffs under President Donald Trump begin reverberating through Europe's largest economy. -
Trump's DOJ Ends Crypto Enforcement Team, Signals Broad Retreat from Industry Oversight
The U.S. Department of Justice has dismantled its National Cryptocurrency Enforcement Team, a key unit established under President Joe Biden to target digital asset-related crime, signaling a sweeping change in federal policy toward cryptocurrency enforcement. 
The U.S. Department of Justice has dismantled its National Cryptocurrency Enforcement Team, a key unit established under President Joe Biden to target digital asset-related crime, signaling a sweeping change in federal policy toward cryptocurrency enforcement. -
Jamie Dimon Warns Trump Tariffs Could Trigger Recession and Global Instability
JPMorgan Chase CEO Jamie Dimon issued a dire warning Monday about the potential fallout from President Donald Trump's sweeping tariff policy, cautioning that the levies could drive inflation higher, weaken the U.S. economy, and erode America's global standing. 
JPMorgan Chase CEO Jamie Dimon issued a dire warning Monday about the potential fallout from President Donald Trump's sweeping tariff policy, cautioning that the levies could drive inflation higher, weaken the U.S. economy, and erode America's global standing. -
Markets Tumble Worldwide as Trump’s Tariffs Trigger Largest Global Selloff Since 2008
Global markets plunged Monday as the ripple effects of President Donald Trump's sweeping tariff policy deepened a historic selloff, with investors dumping shares from Hong Kong to Frankfurt amid growing fears of a full-scale global trade war. The selloff wiped out more than $5.4 trillion in value from global equity markets and pushed major U.S. stock indexes closer to bear territory. 
Global markets plunged Monday as the ripple effects of President Donald Trump's sweeping tariff policy deepened a historic selloff, with investors dumping shares from Hong Kong to Frankfurt amid growing fears of a full-scale global trade war. The selloff wiped out more than $5.4 trillion in value from global equity markets and pushed major U.S. stock indexes closer to bear territory. -
European Banks Lead Global Selloff as Trump Tariffs Stoke Recession Fears
European bank stocks plunged Friday, extending a global market rout triggered by U.S. President Donald Trump's aggressive tariff escalation, as investors priced in deepening risks of recession and slashed expectations for interest rate hikes across major economies. European bank stocks plunged Friday, extending a global market rout triggered by U.S. President Donald Trump's aggressive tariff escalation, as investors priced in deepening risks of recession and slashed expectations for interest rate hikes across major economies. -
U.S. Labor Market Adds 228,000 Jobs in March as Unemployment Edges Up to 4.2%
U.S. employers added 228,000 jobs in March, a stronger-than-expected showing that signals ongoing labor market resilience even as concerns mount over President Donald Trump's escalating tariff policies. The unemployment rate ticked up to 4.2%, according to data released Friday by the Labor Department's Bureau of Labor Statistics. 
U.S. employers added 228,000 jobs in March, a stronger-than-expected showing that signals ongoing labor market resilience even as concerns mount over President Donald Trump's escalating tariff policies. The unemployment rate ticked up to 4.2%, according to data released Friday by the Labor Department's Bureau of Labor Statistics. -
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.
