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Oil Prices Crash to 2017 Low Amid Tariff Fears and Production Surge

Oil prices plummeted by 7% on Friday, hitting their lowest level since 2017, as concerns intensified regarding the potential economic repercussions of wide-ranging tariffs. This sharp downturn was compounded by a major oil-producing nation’s promise to increase output in case of war and a key oil producers’ group’s decision to …

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U.S. Jobs Report Exceeds Expectations, but Rising Unemployment and Revisions Fuel Economic Uncertainty

The U.S. economy added more jobs than expected in March, but significant downward revisions to February’s employment numbers and an uptick in the unemployment rate have heightened uncertainty about the direction of the economy, complicating the Federal Reserve’s path forward on interest rates. According to data released Friday by the …

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U.S. Stock Futures Plunge as China Tariffs Trigger Fears of Global Recession

U.S. stock index futures fell sharply on Friday, deepening losses after China announced sweeping tariffs on all U.S. imports, intensifying the trade war between the world’s two largest economies just days after President Donald Trump’s aggressive tariff hike. At 08:00 ET (12:00 GMT), Dow Jones futures plunged 1,150 points, or …

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European Stocks Slide, Heading for Worst Weekly Drop in Three Years Amid Trump Tariff Shock

European shares fell sharply on Friday, poised for their steepest weekly decline in three years, as investors grew increasingly anxious about a potential global recession after U.S. President Donald Trump unveiled sweeping tariffs targeting key trading partners. The pan-European STOXX 600 index dropped 1.8% by 0815 GMT, bringing its weekly …

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Bitcoin Edges Lower as Trump Tariffs Stoke Recession Fears; Markets Await U.S. Payroll Data

Bitcoin prices slipped slightly on Friday amid a broad risk-off move across global markets after U.S. President Donald Trump’s sweeping tariff announcement intensified fears of a global economic slowdown, dampening appetite for speculative assets. The world’s largest cryptocurrency was down 0.3% at $83,121.50 by 01:50 ET (05:50 GMT). Trump’s Comprehensive …

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