Page 130

Manufacturing Holds Firm in March as Industry Contracts

U.S. Manufacturing Climbs for Fifth Month in March 2024, but Industrial Production Falls Manufacturing posted steady gains in March, yet broader industrial output declined as utilities demand dropped sharply. Economists…

Topics

Consumers Rush Purchases Before Tariff Hikes, Retail Sales Soar

U.S. Retail Sales Surge 1.4% in March as Shoppers Front-Load Big Purchases U.S. retail sales rose by 1.4% in March, marking the largest single-month increase in more than two years.…

Topics

Eroding Dollar Dominance: US Trade Policies’ Global Impact

U.S. Dollar Under Pressure: Safe-Haven Status and Reserve Currency Concerns Recent market volatility has renewed intense discussion about the U.S. dollar’s position as both a safe-haven asset and the world’s…

Topics

Bessent Rejects CEOs’ Recession Fears, Urges Main Street Focus

Treasury Secretary Scott Bessent Urges CEOs Not to Worry About Tariffs, Promises 90-Day Clarity Treasury Secretary Scott Bessent has urged chief executives of major companies to stop worrying about tariffs…

Topics

S&P Warns of U.S. Credit Downgrade as Debt Hits 100% of GDP

S&P Global Signals Possible Further Downgrade of U.S. Credit Rating S&P Global Ratings has warned that the United States may face an additional downgrade from its current AA+ credit rating,…

Topics

China Outlines Plan to End US-China Trade War

China Sets Conditions for Restarting Trade Talks with the Trump Administration China has outlined a set of conditions for resuming trade negotiations with the Trump administration, signaling that any renewed…

Topics

US Launches Tariff Probe into China’s Critical Minerals Supply

President Orders Investigation into Tariffs on Critical Mineral Imports President Trump has directed a formal investigation into the possibility of imposing tariffs on imports of critical minerals, citing national security…