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Germany’s central bank just warned a recession could be coming. Its government is prepared to spend $55 billion to fight it.
A combination of tepid consumer spending, lower business confidence, and softer overseas demand threaten to tip Germany into recession.
The reported remarks, which may not have been serious, come amid a dispute over a new French tax on big tech companies such as Google and Amazon.
A new report offers fresh evidence that Trump’s trade-war tariffs are hurting the US — even though he says they’re not
"The data illustrate a considerably more widespread effect of higher input costs among service firms than in last year's survey," the NY Fed wrote.
"Treasury yields are climbing away from record lows on Friday...the movements in the bond markets are poised to remain on investors radars in the week ahead."
Morgan Stanley sees a number of macro risks on the horizon including the trade war and a slowing global economy.
The world’s biggest shipping company just put up a red flag that the trade war is crushing the global economy
'So far, US importers have shifted imports away from China to other countries such as Vietnam, Korea, Thailand, India and Mexico,' Maersk said.
The Down plunged 800 points on Wednesday after investor fears of recession grew amid continued trade war uncertainty.
The CEO of NetApp says the trade war won’t end this year and the tech company is preparing for ‘a variety of difficult outcomes’
NetApp CEO George Kurian says he's seeing more caution in enterprise IT spending because of the economic uncertainty.
Goldman Sachs analyzed 60 earnings calls and arrived at these 4 critical themes that are shaping the corporate landscape
Executives from 60 S&P 500 companies focused on the US-China trade war, slowing global economies, interest rate cuts, and new pressures on margins.
The Trump administration is starting to publicly recognize the costs of the US-China trade war on Americans
The Trump administration has insisted that China is bearing the brunt of the tariffs, but officials are starting to acknowledge the costs at home.