The Los Angeles Post
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Today: April 28, 2025
Today: April 28, 2025

global economy

Business|Economy|Europe|Political|US|World

Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’

Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’

Europe prepares countermeasures to Trump’s tariffs, calling them a ‘major blow to the world economy’
Australia|Business|Economy|Finance|Political|Stock Markets|US

Australia central bank warns US tariff policies could threaten global growth

Australia's central bank warned on Thursday that U.S. trade policies could pose significant headwinds for the global economy, causing a sharp rise in risk aversion in

Australia central bank warns US tariff policies could threaten global growth
Business|Economy|Political|US

US tariff rate rockets to 22%, highest since 1910, Fitch economist says

The U.S. tariff rate on all imports has rocketed to 22% from just 2.5% in 2024 under the new global levies imposed by President Donald Trump, Fitch Ratings' U.S. economic research chief

US tariff rate rockets to 22%, highest since 1910, Fitch economist says
Economy|Finance|Political|Stock Markets|US

S&P, Nasdaq post big quarterly percentage drops on Trump tariff turmoil

The S&P 500 and the Nasdaq Composite posted on Monday their worst quarterly performances since 2022, as uncertainty around the Trump administration's economic agenda roiled

S&P, Nasdaq post big quarterly percentage drops on Trump tariff turmoil
Business|Economy|Finance|US|World

Percent of global FX reserves in dollars ticks up, amounts fall, IMF data shows

The amount in U.S. dollars held as reserve currency globally slipped in the last quarter of 2024 while the percentage of actual dollars held as reserve ticked up, IMF data showed

Percent of global FX reserves in dollars ticks up, amounts fall, IMF data shows
Business|Economy|Finance|Political|US

BlackRock's Fink warns of protectionism amid private market push

BlackRock Chief Executive and Chairman Larry Fink on Monday said "protectionism has returned with force," a development he said stemmed from a

BlackRock's Fink warns of protectionism amid private market push
Business|Economy|Finance|Political|Stock Markets

Trade worries entrenched

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets It's Friday, so today I'll provide a quick overview of what's happening in global

Trade worries entrenched
Business|Economy|Political|US

Trump has begun another trade war. Here's a timeline of how we got here

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a global trade war — all while on-again, off-again new levies continue to escalate uncertainty

Trump has begun another trade war. Here's a timeline of how we got here
Business|Economy|Education|Political|Technology

BoE's Bailey says AI could jolt UK and world out of slow growth

Bank of England Governor Andrew Bailey said on Monday that artificial intelligence had the potential to be a game-changer for Britain and the global

BoE's Bailey says AI could jolt UK and world out of slow growth
Business|Economy|Finance|Political|Stock Markets|US|World

Tantrums and TIARAs

The first three months of 2025 promised to be bumpy, but few expected the world to be on the verge of a full-on trade war and for investors to be fleeing Wall Street quite so fast after U.S

Tantrums and TIARAs