Tag: Global economy
Temu’s Owner Loses Billions Due to Trump Trade Concerns
The owner of Temu, a prominent Chinese e-commerce giant, has faced significant financial losses amid growing concerns regarding President Trump's trade policies. The company has seen billions of dollars in value dissipate as fears...
Understanding the Impact of Tariffs on Grocery Prices: Planet Money Podcast
Understanding the Impact of Tariffs on Grocery Prices: Planet Money PodcastIn a world filled with uncertainty and questions about the future, one thing that remains on everyone's mind is the impact of tariffs on...
The Impact of Trump’s Tariff Promises on the Economy
President-elect Donald Trump's ambitious promises regarding tariffs have sparked debate among economists and experts, with some questioning the feasibility of his plans. While Trump's focus on tariffs as a tool to boost the economy...
Bitcoin Price Soars to $100,000 Amid Inflation Data Hinting at Fed Rate Cuts
Bitcoin Breaks Record, Surpassing $100,000Bitcoin, the world's most popular cryptocurrency, has reached an all-time high, soaring to over $100,000 per coin. This historic milestone comes amidst growing concerns over inflation and hints at potential...
Struggling Chinese Manufacturers: Reasons and Solutions
Struggling Chinese Manufacturers: Reasons and SolutionsIn a surprising turn of events on August 5th, Hengchi, an electric-vehicle (EV) maker owned by Evergrande, a failed property developer in China, made a shocking announcement to its...
Optimistic Outlook: 68% of CFOs Positive about Economy in 2025
Optimistic Outlook: 68% of CFOs Positive about Economy in 2025Heading into 2025, 68% of CFOs are optimistic about the economy—but worries remain about a massive equity selloff. Traders work the NYSE before Christmas; though...
2025 Economic Indicators Forecast: The Indicator from Planet Money
2025 Economic Indicators Forecast: The Indicator from Planet MoneyAs we bid adieu to the tumultuous year of 2024, filled with strange consumer sentiment oscillations, Bitcoin's meteoric rise, and the possibility of a gentle economic...