Copper Prices Soar as the US Threatens 25% Tariffs
Copper prices have hit record highs as an ongoing trade war between the U.S. and its key trading partners threatens to squeeze supplies of the vital metal.
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Fed/Duke Survey: CFO Optimism Drops on Tariffs
Optimism among company chief financial officers dropped in the first quarter as tariff risks and uncertainty began to cloud an outlook among business executives that had been buoyed by President Donald Trump's election victory, according to a survey by two Federal Reserve...
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CNBC Poll: 60% of CFOs Expect a Recession in 2025
Sixty percent of chief financial officers think the U.S. will enter a recession in the second half of 2025, and another 15% say a recession will hit in 2026, according to the quarterly CNBC CFO Council Survey.
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US Core Capital Goods Orders Unexpectedly Drop
New orders for key U.S.-manufactured capital goods unexpectedly fell in February and could remain sluggish as economic uncertainty rises because of tariffs, discouraging businesses from boosting spending on equipment.
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Treasury Department is set to lay off a 'substantial' number of employees, official says
The department is planning to furlough workers as part of Elen Musk's efforts to shrink the size of the federal government
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British businesses pile on the pressure on UK Financial Minister Reeves ahead of budget update
Top on the businesses' list of complaints is a higher employment cost.
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