Q4 GDP hits 1.4% as federal shutdown drags growth
Trump said the shutdown cost “at least two points” off GDP and urged lower interest rates.
Fresh coverage on the economy, markets, and the forces moving money.
Trump said the shutdown cost “at least two points” off GDP and urged lower interest rates.
After the Supreme Court struck down his earlier tariffs, Trump signed an order for a new 10% global tariff under a different legal authority.
The Nasdaq.com analysis said the Shiller CAPE “declined for the first time” in nearly a year after rising above 40, a move it linked historically to market pullbacks.
Top miners cut capex from $145.7B in 2013 to $109.2B in 2023.
ECB widens Eurep repo to let nearly all foreign central banks borrow euros with lines up to €50 billion each.
CFTC chair Michael Selig asserted federal jurisdiction over prediction platforms and challenged state gaming regulators.
Tokyo's 30-year yield jumped more than 0.25 percentage point, reviving the "widow-maker" trade and prompting global outreach.
The BOJ raised its policy rate to 0.75% and the IMF said moving toward neutral by 2027 would help anchor expectations.
Core CPI eased to 2.5% and employers added 130,000 jobs in January. UK unemployment rose to 5.2% while wages grew 4.2%.