News

Businesses sound alarm as Trump tariff chaos hits the economy

With each day, evidence is mounting across the corporate world that the chaotic implementation of U.S. President Donald Trump's tariffs is translating into caution on Main Street. The uncertainty brought by Trump's threats of tariffs and his shape-shifting trade policies is starting to have a chilling effect across many industries, businesses warn, as consumers pull back on everything from basic goods to travel. The White House fired another salvo on Tuesday, when Trump said he would double the planned tariff on all steel and aluminium imports from Canada to 50%.

Volatility Curve’s Inversion Suggests Short-Term Stock Pain

(Bloomberg) -- The rise in volatility has been very gradual amid a market slump that had one-day price action like there is no tomorrow. Meanwhile the VIX Index’s future curve isn’t suggesting lasting stress yet.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Ar

VC Investors Find Complicated Ways to Monetize Locked-Up Crypto

(Bloomberg) -- Cryptocurrency investors are locking in returns from digital assets they’re ostensibly barred from selling by entering into complex arrangements with specialist trading firms.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Pro