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Trump: Announcement over next few days not necessarily on trade… we don’t have to sign trade deals.
Trump: Stop asking how many deals we're signing.
IMF has decreased US GDP growth forecast for 2025 to 1.8% from 2.7%.
This makes it the second time I'm seeing analysts trying to finger the regional central banks as behind this (always nefarious when it's not done by the fed, as nature dictates)
https://www.reuters.com/world/china/asian-crisis-reverse-currencies-soar-dollar-2025-05-06/
#tootSEA #finance #taiwan (dedollarization mention - take a chug)
https://www.europesays.com/uk/79552/ State pension triple lock in question after Winter Fuel Payment cut backlash sparks political pressure #Business #Finance #money #PersonalFinance #StatePension #UK #UnitedKingdom
Nearly half of U.S. home sellers gave concessions to buyers in the first quarter of 2025, as rising housing costs, high interest rates, and a growing supply of homes have made buyers more cautious, per Redfin.
Seattle saw the highest increase in concessions among major U.S.
Bessent: the US Government will never default, we will raise the debt ceiling
https://www.europesays.com/uk/79376/ 4 ‘get rich’ habits self-made millionaires have that 93% of Americans don’t #Business #Entrepreneurs #Entrepreneurship #Finance #MakeItContributors #PersonalFinance #PersonalInvesting #RealEstateInvesting #SideHustle #UK #UnitedKingdom
Lower-income earners are decreasing in their transactions to focus on essentials, per CNBC
37% of millennials say there’s a fundamental clash in generational values at work, only 27% of boomers feel the same way, per FORTUNE
The European Union plans to hit about €100 billion ($113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result for the bloc, per Reuters
Ford, $F, CEO Jim Farley: Expects tariffs to be in place for at least next 3 years
The first signs of tariffs costs being passed through to consumers are expected to show up in the May inflation report, TD Cowen has said
https://www.europesays.com/uk/79199/ Pensioner homeowners could be missing out on an extra £1,800 a year due to ‘common assumption’ #Business #DWP #Finance #money #PensionCredit #PersonalFinance #StatePension #UK #UnitedKingdom
41% of Americans have said they’ve paid back their buy-now, pay-later loan late over the past year, though the vast majority have paid back the money in a week or less, per FORTUNE.
34% of Americans do not have an emergency fund to cover their monthly mortgage or rent payments in the event they face a financial crisis, like losing a job, per Redfin.
BREAKING: NY AG Letitia James is reportedly hunting for insider trading in Trump's inner circle, per BI
Goldman Sachs, $GS, CEO Solomon: Growth has slowed with Trump's trade policy
Home insurance rate changes since 2021, per CNBC: